Why Lehman Collapsed
This cartoon, from Jimmy Margulies of the Record, is probably the most ominous I have seen regarding Legman Brothers collapse:
Crisis? What Crisis?
Dennis Kneale on the Housing and Credit Crisis, June 27 2008 National Association of REALTORS®Back to the President’s Report...
Rubin: ‘Nobody Was Prepared’ for Crisis of...
“What came together was not only a cyclical undervaluing of risk [but also] a housing bubble, and triple-A ratings were misguided....
Paul Volcker and the Saturday Night Massacre
Banks: Start From Scratch or Give it Time?
WSJ’s Evan Newmark critiques colleague Dennis Berman’s latest column in which he offers a cure for financial mistrust —...
Black Friday Spending
Analysis and Discussion with Jay McIntosh of Consumer Foresight ~~~ The Future of Macy’s – Analysis and Discussion with...
Future Spending Plans
Q3 data shows that personal consumption spending, (inflation adjusted) fell at an annual rate of 2.7% — the biggest fall since Q2...
Wall Street Crisis Overviews
I have been meaning to get to these two links: They are the huge overviews of the Credit, Housing and Wall Street Crises via the NYT and...
The REAL Maverick: Present Economy worse than Depression
PBS NEWS HOUR Interview with Nassim Nicholas Taleb, famous economist and author of “The Black Swan” and Dr. Mandelbrot,...