Send Us Your Questions on Our Investigation of Banks’ Self-Dealing
As we describe in our CDO investigation published last week with our partners at Planet Money, the inner workings of Wall Street’s world of structured finance are complicated.
While we hope to have shed light on the subject, we’re under no illusion that our 5,000-word investigation (and its accompanying charts, song, comic, and crib sheet) has answered all your questions about a rather dim corner of the financial world.
If you’ve got questions, send them to us. And just as we did with our Magnetar investigation, we’ll take the most frequently asked questions and supply the answers as best we can.
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3 comments
Steve Sewall
Aug. 31, 2010, 10:47 a.m.
I would welcome your input on the matters raised in this open letter to President Obama:
http://www.scribd.com/doc/35975151/EXECUTIVE-SUMMARY-July-4-2010-Open-Letter-to-President-Re-Lender-Mendacity-sent-Aug-17
Thanks,
Steve Sewall
Gabor
Sept. 1, 2010, 9:07 p.m.
I wrote a similar letter to President Obama and here is the response. I Translate this to You are on your Own.
Dear Friend:
Thank you for writing to me. I appreciate hearing
from you and value your input.
Each day, I am moved by the messages I receive
from people across the country. Far too many Americans are struggling—falling behind on mortgage payments, coping with illness, or losing a job without warning. My Administration is working to address the serious challenges our Nation faces. I am committed to taking immediate steps that generate job creation and economic recovery, and I am determined to make investments that lay a new foundation for real and lasting progress.
As I move forward on key initiatives, I am making
my Administration the most open and transparent in
history. Part of delivering on that promise is hearing from people like you. I take seriously your opinions and respect your point of view. Please know that your concerns will be on my mind in the days ahead.
I hope you continue to explore
http://www.WhiteHouse.gov, which is regularly updated and
more interactive than ever before. Thank you again for
writing.
Sincerely,
Barack Obama
Gabor
Sept. 1, 2010, 9:11 p.m.
I wrote to the president also. Here is his response.
Dear Friend:
Thank you for writing to me. I appreciate hearing
from you and value your input.
Each day, I am moved by the messages I receive
from people across the country. Far too many Americans are struggling—falling behind on mortgage payments, coping with illness, or losing a job without warning. My Administration is working to address the serious challenges our Nation faces. I am committed to taking immediate steps that generate job creation and economic recovery, and I am determined to make investments that lay a new
foundation for real and lasting progress.
As I move forward on key initiatives, I am making
my Administration the most open and transparent in
history. Part of delivering on that promise is hearing from
people like you. I take seriously your opinions and respect
your point of view. Please know that your concerns will be
on my mind in the days ahead.
I hope you continue to explore
http://www.WhiteHouse.gov, which is regularly updated and
more interactive than ever before. Thank you again for
writing.
Sincerely,
Barack Obama