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WowOWow - The MBAs of the Meltdown – Where Did Those Bankers Go to Business School?
WSJ Developments - More Americans Drowning in Mortgage Debt
Dr. Housing Bubble - Banks save while U.S. Consumers are Expected [...]
How deaf is Ben Bernanke? With the US savings rate hitting a 14-year-high, the Fed unveils a $200B plan “aimed at boosting the availability of credit to consumers and small businesses.” While I hope this will be of use to businesses in need of it, consumers have already made it clear they’re not interested.
As Morgan [...]