Tag: New Jersey
-
JP Morgan: Public Employee Pension’s Set to Explode
But they wanted to keep the story to themselves: JPMorgan recently circulated a “strictly confidential” report among leaders at the bank and with trusted hedge fund allies outside of the bank which details an impending public pension crisis. And we mean big time nastiness. Massive cuts in services will have to happen, or massive tax…
-
Illinois 3rd in Foreclosures Nationally
This is embarrassing: Foreclosures starts in Illinois are on par with those in other areas but the state’s court-supervised foreclosure system continues to bog down properties in the process. Almost 7.5 percent of all one-to-four-unit mortgage loans in Illinois were in foreclosure in the first quarter, compared with a national average of 4.39 percent, according…