Here's another part of the problem: From 1991 to 2001, new home construction averaged between 1.0 and 1.7 million new units -- about 1.35...
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Dan Gross gets medieval on the wingbut meme that Fannie Mae and the CRA was responsible for the housing and credit mess:...
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I came back to the office from a noon meeting to see all of yesterday’s "Toe-in-the-Water" Cramer trades had been stopped...
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A fun email circulating trading desks, worthwhile as an informal measure of sentiment: CEO –Chief Embezzlement Officer. CFO–...
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Bernanke at NABE: "As you know, financial systems in the United States and in much of the rest of the world are under extraordinary...
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How various firms on Wall Street are disappearing: > click for ginormous > Source: Wall Street, R.I.P.: The End of an Era, Even at...
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> Hat tip Paul Source:Chain of fools Matt Miller The Deal.com, October 3, 2008 at 4:52 PM ...
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Source:
Commercial Paper Funding Facility (CPFF)
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Interesting activity on the part of the Fed. I suspect Bernanke & Co. are waiting for the the rest of the world’s central...
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Today’s WTF headline comes to us via the WSJ: Investors Succumb to Fears of Recession. Other than really dumb mofos, does anybody...
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