If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!I’m starting to wonder if the general public is getting used to the idea of being in crisis mode all the time. Health Care is in a crisis, there’s a crisis in retail, consumer spending, automakers, everywhere seems to [...]
The Big Picture - How to Spend Part II of the TARP
Naked Capitalism - The Fed’s Bear Stearns Assets: “No Prospect for a Profit”
Naked Capitalism - Guest Post: “Dear Mr. Volcker: It’s the Banks, Stupid”
Calculated Risk - $15,000 Tax Break for Homebuyers
Business Pundit - After The Crisis: A Parody of 15 Corporate Logos
California has quickly turned into a case study for the long-term effects of the housing market. The state, which ranks as the eighth largest economy in the world, found itself in a state of quiet desperation when the credit crunch took effect in October. California had already delayed its yearly budget over 80 days, finally [...]
On Monday, all of the financial world turned its ears to announcement that the United States is indeed in a recession, confirmed by the National Bureau of Economic Research. Of course, most of us who have followed the state of the economy already knew this, and are likely shaking their fists at the [...]
We can now enter a new acronym into our lexicon: TALF. And what is TALF? The Federal Reserve and the Treasury announced on November 25th that a Term Asset-backed securities Loan Facility will be created to provide liquidity for purchasers of ABS?s (Asset-Backed Securities, which include mortgage-backed securities). Asset-backed securities also include student loans and [...]
by Constantine von HoffmanNovember 18, 2008
Economy
A guest post from Constantine von Hoffman, veteran business journalist and author of the blog CollateralDamage.biz, a humorous look at marketing, business and his dog.
In a time of economic crisis, where every moment brings more bad/alarming news, what does it mean that the government is essentially in a holding pattern for the next two months?
Many [...]
Loading ...