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10 Sep 2011, 8:21 pm
President Obama gave a speech last night on how his administration plans to save the American economy from sinking even further into its already depressed state, and I didn’t watch it. [read post]
4 Feb 2009, 7:44 am
In the US, securitised credit has also played a major role in mortgage lending since the creation of Fannie Mae in the 1930s; and securitisation had been playing a steadily increasing role in the global financial system and in particular in the American financial system for a decade and a half before the mid-1990s. [read post]
14 Nov 2011, 9:06 am
Cartoon by Steve Grenberg How the foreclosure crisis impacts our country’s standard of living from this point forward will all come down to how we handle ONE thing. [read post]
25 Apr 2011, 7:47 pm
Preface… Sit down and relax… you’re going to need a comfortable chair. [read post]
