If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!Money And Markets - Financial Terrorism and You
Huffington Post - In for a Penny, In for $2.98 Trillion
MISH’S Global Economic Trend Analysis - Commercial Real Estate Limbo; Lenders Ignore Defaults
Housing Doom - Lenders Refusing “Solid Offers”
Dr. Housing Bubble - Leveraging the Future for [...]
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 “Shock and Awe”
Daily Mail - FBI investigate big name banks in fraud probe linked to U.S. economic meltdown
The Big Picture - Leaning on Fed, U.S. Bank Plan Can Work
Jesse’s Café Américain - Today’s Congressional Hearing on the Banks – The ‘Joe Pesci’ Moment
Naked Capitalism - Bank Stress Testing: Less Than Meets the Eye
Bloomberg - Ross Says Investors to Wait for Banks [...]
Finally something that we can all get behind: Don’t pay your bills. It’s not my idea, although it has appeal. It’s the Fed’s and it’s the cornerstone of the new Homeownership Preservation Policy. To qualify for aid, the homeowner must be at least 60 days past due on his or her mortgage payments. (This program [...]
Bloomberg - Hamptons Prices Fall as Recession Hits Wall Street Playground
Oh no, now they are looking for bargains while shopping at Sak’s.
Infectious Greed - Big Swinging Blood Pressure Broker
Morgan Stanley installs blood pressure meters in their NY offices. So, Wall Street now has nationalized health care??!! More TARP $$ well spent.
Housing Doom - About Those Great Existing Home [...]
The Big Picture - Nationalize Now
Interesting argument for temporary nationalization of the banking system as opposed to handing the current management teams, who have proven themselves to be completely inept, billions more dollars that won’t help anyway. The last paragraph says it all.
The Huffington Post - CEOs Boosting Their Pensions While Workers Pensions Go Poof
More greedy CEO shenanigans, [...]
Don’t underestimate the man on the street. He’s smarter than you think, for one, and for two, he has a lot of time to mull things over now that he’s unemployed.
A People’s Hero has arisen in the American South. Watch his YouTube video and sympathize with the angst of the common man (warning: vulgar [...]
Huffington Post - House Rejects Obama’s Request For Rest Of TARP
The Big Picture - The ?Girls Gone Wild? creator is asking the government for bailout cash, reports CNBC?s Melissa Lee (Seriously?!)
Financial Times - Thain Ousted At Merrill Lynch
Housing Wire - Record Home Price Decline In November, FHFA Says
I love this stuff. Hat tip to Jeff, who runs the awesome NADA Guides blog (for you gearheads), for sending this in.
Where are your TARP funds going? And they are yours, you know. Those $700 billion will be financed on your behalf for stuff like this, instead of the school, hospital, roads and lower taxes [...]
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