If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!Financial Times - JPMorgan feels stress of being in ‘limbo-land’
Huffington Post - Stiglitz Says White House Ties To Wall Street Doom Bank Rescue
Huffington Post - The Rating Agencies, A Key Reason For The Recession, Get Primed For An Overhaul
Public Integrity - The [...]
The Big Picture - From Bubble to Depression via Bad CPI Data
Today’s Business Press - How Much Is AIG Really Worth?
Dr. Housing Bubble - More Bad News about the Public-Private Investment Program: Because Stealing 93 Percent of Taxpayer Money is OK. Fraudulent Minds already gearing up to Scam the System
The Big Picture - Good Bank(er) vs. Bad Bank(ers)
I know this has been around for a long time, but I think this is a very elegant animation and description of the problems we face:
The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.
Crisis Of Credit - The Short & Simple Story Of The Credit Crisis (video)
Huffington Post - Rick Santelli’s Revolution: CNBC Reporter Freaks Out, Wants To Be Che Guevara (VIDEO)
Housing Wire - Wilbur Ross: Obama Foreclosure Fix Not Enough
Calculated Risk - Federal Reserve Assets Starting to Increase Again
Mortgage Porter - Auburn, Washington Homeowner Asks: Will Obama’s Plan Help Me?
Follow The Money - Not guilty as charged. The banking crisis, not the budget deficit, is sucking funds out of the emerging world …
Global Economic Analysis - Triage For Troubled Assets
The Big Picture - Credit Crisis Watch: Some Positive Developments
Naked Capitalism - Obama’s Executive Comp Proposals: Closing the Gate After the Horse is in the Next County
In the grips of a brutal financial crisis that continues to worsen despite all efforts by the governments across the world to stop it, and foreclosures continuing their unstoppable climb, there’s no question that things are pretty bad out there. Banks, in particular, have been given no reprieve at all by shareholders even as they [...]
A guest post from Frank Shump. Frank is a veteran from the financial services industry, and currently authors a blog called Thefinancecastle.com, which documents his thoughts on money matters and his adventures in self employment.
An often used saying when it comes to value investing is that you don’t want to ?catch a falling knife.? Many [...]
Another guest post from MG who went from Wharton to Wall St. to real estate to Blown Mortgage.
Where is the last place on earth you’d expect to need a bailout . . . due to a real–estate bubble bursting . . . and banks failing . . . and stock markets crashing . . . [...]
Another guest post from MG who went from Wharton to Wall St. to real estate to Blown Mortgage.
Just how much money has the Fed, aided and abetted by the Treasury, spent this year? Numbers are all over the place, but it could be around $3.8 trillion. They spent $650 billion in the last six weeks [...]