Tag "Henry Paulson"

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Kashkari makes splash in new job with Fed

California’s 2014 Republican gubernatorial nominee Neel Kashkari has dropped a bombshell in his new job as president of the Minneapolis Federal Reserve. In a speech at the Brookings Institution in Washington, D.C., the 42-year-old former PIMCO executive and Orange County

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FHA subprime defaults hit 9% in California

May 18, 2012 By Chriss Street The American taxpayer is about to be saddled with another multi-billions bailout of subprime mortgage loan losses  from the stealth Federal Housing Authority lending program that has been offering ultra-low 3.5 percent down payments since

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