by Calculated Risk on 4/13/2011 11:37:00 PM
Wednesday, April 13, 2011
Senate Panel on Crisis and Summary
A few stories ...
• From the LA Times: Senate panel concludes Goldman Sachs profited from financial crisis
Asked if he was disappointed that no Wall Street figures had gone to jail in connection with the crisis, [Sen. Carl Levin] responded, "There's still time."• From the LA Times: Banks, regulators act to correct foreclosure flaws and here is the press release from the Federal Reserve: Federal Reserve issues enforcement actions related to deficient practices in residential mortgage loan servicing and foreclosure processing
• From the White House: President Obama’s Framework for $4 Trillion in Deficit Reduction
• Retail Sales increased 0.4% in March
• BLS: Job Openings increase in February, Highest since 2008
• Beige Book: Fed sees economic improvement
• Lawler: Early Read on Existing Home Sales and Inventory for March