Blowing the Lid Off the Mortgage Industry
From the category archives:
If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!All this green shoot talk and pronouncements that the worst is over fails to take into account the sorry state of the US consumer. Sure indicators may be turning (are they really?) but the fact remains that the US [...]
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Great visualization of the average student loan debt carried by students coming out of college across the country. Amazing that most states’ averages are more than $15,000 per student. It’s tough to bash people for not saving enough when going to school automatically puts you in the hole as you enter the workforce.
It will be [...]
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GOOD Magazine has a great graphic representation of the biggest bankruptices in history. (click link for bigger size) Check out Lehman bro’s $691 billion BK, more than 7 times the size of GM’s recent bankruptcy. (h/t Boing Boing for the image)
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I remember going through a phase where I wanted to learn how to do card tricks to impress my friends and members of the fairer sex. I read several books on the subject and the number one thing to learn is to get the observer’s eyes off the deck of cards. Create a distraction. In [...]
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“What is good for General Motors is good for America” Charlie Wilson, CEO of GM, 1955.
Maybe the country will follow GM in to bankruptcy as well…
The storied American car maker, which by some estimates employs one out of every ten Americans will head to bankruptcy tomorrow morning. It will be restructured by an Obama [...]
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Domain names are an integral part of business in the 21st Century. Some are perpetually popular. Most rise and fall in popularity, influenced by a variety of factors. One domain name that is currently enjoying an upsurge in popularity is RefinanceRates.com. And it is going to be auctioned off in early June 2009.
“Domain names continue [...]
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Hi Folks,
Morgan here. I wanted to take a minute of our day to recognize a member of the Blown Mortgage family who has done yeoman’s work over the last several months. Cindy Lopez has been the powerhouse behind the “quickie’s,” the afternoon and morning links to the other pertinent news in the world [...]
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Ahhh tax day, one of the few days each year that everyone loves to hate. This year, though, the tax man’s dues have been met with a larger amount of resistance than usual. Across the country, protesters have gathered at a number of cities to vent over their disdain for taxes. I’ll be the first [...]
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Been busy packing my bug-out-bag, readying the remote retreat and stocking up on 100 Things that Disappear First. While we’re waitin’ on 1Q09 earnings, howz about a review of some of last year’s conspiracy theories and a look at where they are now.
You’ll remember reports of new, family-oriented prison camps being built around the US; [...]
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“Crunch, The Game For Utter Bankers” is a card game for anyone with a distinctly gallows sense of humor:
[It] allows you to experience the upside of down. Placed in the role of a global banking CEO, you have to juggle the conflicting demands of your ailing bank and your flourishing bank account. … Each player [...]
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