1 in 8 US Mortgages Falling Behind
This is an astonishing number: “A survey found that one in eight U.S. households with mortgages was in foreclosure or behind on its...
AIG Unlikely to Payback Bailout $ This Century
Let’s not mince words: AIG is on the hook for $182.5 billion dollars to the taxpayers. And it high-grade, enzyme-free manure to...
1 In 3 Chance You’ll Have Negative Home Equity
Foreclosure rates in the U.S. remain near record highs. More than 13% of American homeowners with a mortgage are either behind on their...
Securtizing Goldman’s Bonuses
Zero Hedge has this hilarious offering memorandum of GS’ bonus pool this year: > click for larger, readable version
China Syndrome Puts Wall Street On Defensive
China’s efforts to curb asset inflation undercuts Shanghai Composite, spreads weakness to U.S., Barrons.com’s Bob O’Brien:
Media Appearance: Countdown to the Closing Bell, with Liz Claman
> A quick note before I hop out the door — I will be on Liz Claman’s show from 3:00 to 4:00pm today on Fox Business, discussing...
10 Links for Thursday
Here are 10 items to keep you busy this afternoon. (All links are guaranteed to be gluten and lactose-free). • The Roubini Backlash...
Art Cashin on Weak Claims Data
Countdown to the opening bel, with Art Cashin, UBS Financial Services and CNBC’s