Archives for “unwind”

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

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 ...

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, ...

First, I'll start with a must read macro-perspective from the inestimable Noam Chomsky: The United States effectively has a one-party system, the business party, with two ...

“Let me issue and control a nation’s money, and I care not who writes its laws.” -Nathan Rothschild, 1838 We are being robbed blind.  Yes, the ...

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 ...

Another bloodbath day for the DOW, which is off 20% from its pre-bailout peak, along with the S&P 500, which is off 40% (and Gold ...

This morning I watched this excellent panel discussion with Nouriel Roubini, Brad Setser and Benn Steil. A can't miss macro-discussion of the current ...

While the din of fear and panic over the Bailout legislation drowned out the voice of the American public, we learned this week that acting ...