If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!Amidst the economic turmoil, plummeting housing prices, and rising unemployment, consumers have lost their trust in an awful lot of things. While we’ve always had a healthy distrust for the workings of corporate America, Washington, and Wall Street, it [...]
TALF, Term Asset-Backed Securities Loan Facility, set up by the Federal Reserve to back the loans made to consumers and small businesses, launched today in to what may ultimately become a $1 trillion backstop to investors of asset backed securities.
The government is trying to inject liquidity in to the ABS markets for ABS comprised of [...]
See The Fed vs. ROI!
Dow Jones vs. Goldman!
Watch as Fannie Mae gives Merrill Lynch the dreaded No Bailout Bird!
!!!!ALL THIS and MORE in the ULTIMATE MELTDOWN SMACKDOWN!!!!
Irvine Housing Blog - Help Me Strip My Foreclosure: The lengths homeowners facing foreclosure will go to in a last ditch effort to get something out of their homes, personal property or not.
Mish’s Global Economic Trend Analysis - Open Letter To Congress On Sharing The Pain: Many mistakes have been made because Congress, the Fed, and the [...]