Press Release ALERT: The Credit Crisis: How We Got Into the Current Mess and How We Can Get Out Risk Metrics Group, Fusion IQ, and...
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• The CRA was substantially modified by President George W. Bush in 2005.
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In 1999 Congress passed the Financial Modernization Act, which allowed banks, insurance companies and investment houses to merge. Many...
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The Senate is voting on the bailout as this posts — and it likely goes to the House on Friday. Enough ornamentation has been added...
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> Wachovia went out with a book value of $75 billion. Citi paid $2 billion. Could it be that asset values are overstated, not...
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The recent data has been nothing short of astonishing. Auto sales, which were weak over the past 11 months, simply went into freefall in...
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Maoxian looks at a 20 year history of VIX spikes through the 50 level. He likes what he sees: > Source:Historical Look at the...
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"Blaming fair-value accounting for the credit crisis is a lot like going to a doctor for a diagnosis and then blaming him for telling...
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I saw this over the weekend, and thought it was pretty good. Princeton economists review recent events on Wall Street and assess the...
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