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Housing Expert and Former Goldman Sachs Banker Calls Current Financial Crisis a "Criminal" Enterprise on FOX News (Marketwire via Yahoo! Finance)

John R. Talbott, best selling author of 2003's "The Coming Crash in the Housing Market" and his new book, "Obamanomics: How Bottom-Up Economic Prosperity Will Replace Trickle-Down Economics," said on FOX News today that the current housing, mortgage and banking crisis was a vast criminal enterprise.

Housing Expert and Former Goldman Sachs Banker Calls Current Financial Crisis a "Criminal" Enterprise on FOX News (Broadcast Newsroom)

Talbott said that realtors were pushing homes on people they couldn't afford solely to garner the commission, appraisors were inflating appraisals beyond reasonableness just to win business and mortgage brokers were altering applications to change stated incomes to justify too much lending to homebuyers.

DIVA TALK: Chatting with Gypsy 's Lenora Nemetz Plus News of LuPone and McDonald (Playbill)

News, views and reviews about the multi-talented women of the musical theatre and the concert/cabaret stage.

Griffin: Good news, bad news at two dams in state (Midland Daily News)

Dams have figured prominently in outdoor news in the last week or so.

Arvind Singhal: Bad news is good news (Business Standard India)

The current monsoon, while bountiful so far in temporal and spatial distribution, has also precipitated a deluge of seemingly bad news. The inflation rate is poised to breach the 12 per cent mark perhaps by the end of the current week and may be the worst in more than 15 years.