Bullish Bears?
My pal Paul Kedrosky over at Infectious Greed discusses “notable market bears recently turned bullish. Granted, not all the bears...
How Lending Standard Changes Led to the Housing Boom/Bust
There is a general lack of understanding as to how the Housing boom and bust occurred, and why it led to the subsequent credit freeze....
Paul Volcker the Campaign Advisor
Long time readers know that I am a tremendous admirer of Volcker, and this morning’s WSJ has a fascinating article about the...
The Bank Of America on 60 Minutes
Steve Kroft reports on how the U.S. sub-prime mortgage meltdown, in which risky loans drove a housing boom that went bust, is now roiling...
Prediction Markets Fail Again
GO FIGURE: Prediction markets — those thinly traded games played by college kids and other traders who lack the capital to...
Chris Whalen on the Banking Crisis
My boy Chris Whalen, managing director at Institutional Risk Analytics, on the banking crisis: Source:Bailout Nation: More Govt. Control...