news from15apr2012

• antiquities stolen in Olympia, Greece
• http://www.aljazeera.com/indepth/features/2012/04/201241585443442487.html

• legislatures still seem unconvinced that people with histories of mental illness should be kept from getting gun permits. But they complain that it costs lots of money: nearly $50 million reported in costs for the VA-Tech massacre a few years ago.
• http://thinkprogress.org/justice/2012/04/13/463759/report-virginia-tech-massacre-cost-taxpayers-almost-50-million

• the concessions by JP Morgan, Chase and a few others in including second lien or junior mortgages in their troubled asset portfolios may be huge and provide actual progress in this epic debacle by improving a bit on transparency. If the bond and securities holders agree. If you remember Ed De Marco the chief at FHFA that oversees Fannie and Freddie now has been waiting to see how much that part of the market exists as tied to these sorts of assets and how that may effect investors of securities and yes, the bond markets
• http://dealbook.nytimes.com/2012/04/13/new-figures-stoke-the-home-inequity-debate

• California AG Harris pushes for 'Homeowner Bill of Rights', the first I've heard of such a thing
• http://www.sacbee.com/2012/04/15/4415552/ag-wants-mortgage-homeowner-protections.html

• world markets this week and more will be talking about the rain in Spain and instability in Italy, again
• http://news.firedoglake.com/2012/04/16/eurozone-appears-destined-to-destroy-itself/

• why not a mega giveaway for everybody? Notice who wrote this, FDIC chair Sheila Bair
• http://www.washingtonpost.com/opinions/fix-income-inequality-with-10-million-loans-for-everyone/2012/04/13/gIQATUQAFT_story.html

310,000,000 (people) times 10,000,000 (dollars) equals

3,100,000,000,000,000 = 3.1 quadrillion

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Forgot to mention that Mike Wallace died. April 7, they said. Saturday before Easter.

Always will remember him as a hard-driving interviewer getting more details, closer to the truth.

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