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, ...
Archives for “Credit Crisis”
As the crisis in the US deepens, we hear frighteningly little analysis of the geopolitical fallout of credit destruction. Naked Capitalism's Yves Smith reminds ...
Here's a great article from Minyanville's Kevin Depew on the Potential for a hyper-inflationary scenario, versus our present deflationary trajectory. A lot of people ...
This great article from Housing Wire brings attention to some early action unfolding in the Alt-A mortgage wave. As discussed in an earlier post, ...
There's a myriad of causes at the heart of this crisis, from mortgage and appraisal fraud, to CDO squared derivatives, to rating agency and monoline ...
Wow, just wow! Hopefully they will stay in Washington and implement a plan that has a chance in hell of working. This is a rare victory ...
It is getting difficult to find this picture anymore: From a press conference held on June 3, 2003 — Pictured are Bush Administration officials from ...
Here's a great historical chart showing the DOW movements against the FED and Treasury interventions over the course of this crisis, good read (PDF): ...
That is the sound of your party pilfering our bank accounts (socializing the losses), to pay for their bad investments. In the last twelve ...

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