If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!Mortgage Insider - Early defaults rise on FHA loans
Mish’s Global Economic Trend Analysis - Bonus Bonanza Bingo, a Blessing In Disguise
The Big Picture - Did Naked Shorting Do Lehman In?
Today’s Business Press - Fed’s License To Print Money
Naked Capitalism - On the Fed’s [...]
Paper Economy - Effervescent Equity: The Federal Reserve’s Household Equity Estimate Q4 2008
Huffington Post - Bernie Madoff’s Jail Cell At Metropolitan Corrections Center
Calculated Risk - S&P: Delinquencies Surge for HELOCs and Jumbo Prime Loans
Pro Publica - Bailed Out Bank Had Friends in High Places
Huffington Post - Dow ends up nearly 380 on Citigroup profit news
Calculated Risk - FDIC’s Bair on “aggregator bank”
Huffington Post - Madoff To Plead Guilty To 11 Counts, Could Mean 150 Years In Prison
Mortgage Insider - Bill proposes consumer watchdog for financial products
This series has looked at a variety of potential scapegoats for the current financial crisis. None could be blamed entirely for the situation in which we find ourselves, the argument could be made that each agency or program bore some responsibility. The same argument could be made for the common man and his instincts [...]
by Constantine von HoffmanDecember 12, 2008
Economy
Guest post by Constantine von Hoffman, veteran business journalist and author of the blog CollateralDamage.biz, a humorous look at marketing and business.
Two weeks ago the National Bureau of Economic Research officially confirmed what we already knew: we have been in a recession for the past year. This begs the question, how long until we declare [...]
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