Archives for March, 2009

The great home ATM ponzi.. illustrated

This great little graph from CR shows where all that apparent 'wealth' of the last decade came from.. mortgage equity withdraw.

0 Comments. Posted by Admin on Friday, March 27, 2009 at 12:15 am.

Filed under Economy, , , , , .

Sheila Bair wants to paper over the black hole

Now I actually like Sheila Bair better than just about anyone else at the Treasury, FED and FDIC combined, but the talking points on this ...

0 Comments. Posted by Admin on Tuesday, March 10, 2009 at 5:19 am.

Filed under Economy, News, , , , , , .

Time Machine - August 21, 2007

Time machine posts come from my cache of articles related to the Great Unwind, and are pretty fascinating look back at where we've been during ...

0 Comments. Posted by Admin on Monday, March 9, 2009 at 7:27 am.

Filed under Economy, News, Time Machine, , , , , , , , , .

Path to Meltdown Paved With Industry Dollars

Via WallStreetWatch.org: The financial sector invested more than $5 billion in political influence purchasing in Washington over the past decade, with as many as 3,000 lobbyists ...

0 Comments. Posted by Admin on Saturday, March 7, 2009 at 6:51 pm.

Filed under Economy, News, Politics, , , , , .

Don’t forget your towel..

0 Comments. Posted by Admin on Thursday, March 5, 2009 at 7:48 pm.

Filed under Don't believe everthing you read on the internet, Economy, , .

Video: The Crisis of Credit

Decent summary of the major pieces of the credit crunch.  Unfortunately, not much mention of ratings agencies, monoline insurers, ABS complexity or macro-level monetary theory, ...

0 Comments. Posted by Admin on Sunday, March 1, 2009 at 6:29 pm.

Filed under Economy, , , .