https://pjmedia.com/richardfernandez/2011/06/30/bean-counters/feed/PJ Media is a leading news site covering culture, politics, faith, homeland security, and more. Our reporters and columnists provide original, in-depth analysis from a variety of perspectives.en-usTue, 09 Jun 2026 21:55:03 -0400<![CDATA[The conviction of Lee Farkas, one time head of the Taylor, Bean and Whitaker mortgage company exposes many of the elements of the housing debacle of the last decade. It also prompts the question: what&#8217;s changed?  Farkas who probably did not act alone, defrauded stakeholders of $3 billion dollars and caused many more billions in damage by placing fake mortgages. His actions led directly to the collapse of a major bank. How did he do it? He lied.]]>Thu, 30 Jun 2011 14:15:58 -0400<![CDATA[Richard Fernandez]]>https://pjmedia.com/richard-fernandez/2011/06/30/bean-counters-n190713