If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!The Big Picture - Was the ‘00-03 Crash Bush’s Fault? ‘09 Obama’s?
The Big Picture - Daily Show vs CNBC
Mish’s Global Economic Analysis - Top Secret Musings And Other Economic Insanity
Naked Capitalism - The Treasury Mortgage Mod Program: Should We Hope It Doesn’t [...]
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.
There’s not much question that the recession has continued to deepen and recent weeks and the resulting damage has continued to [...]
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 [...]
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