13
Apr

Chase & Wells Earnings and Mortgage Numbers; Flagstar and Freddie; The Return of Subprime?

Posted To: Pipeline Press

The financial industry has taken careful note of former House Speaker Newt Gingrich writing a $500 check on an account that had no money in it. Both parties say it is the first sign that he might be qualified to be President. (Political “wits” said the $500 check, to put him on the Utah Primary ballot, bounced “which was too bad because Utah is the one state where all of his wives could have voted for him.”) Welcome to Friday the 13 th . There are three of them this year. Some folks don’t like the 13 th of anything, for very ancient reasons: there are 13 witches in a coven, many cities do not have a 13th Street or Avenue, many buildings don’t have a 13th floor on the elevator bank, and legend has it that if 13 people sit down to dinner together, one will die within the year (rumor has it that…(read more)

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