Quote of the Day: How Banks Lose Money
This is a classic:> "I don’t know why the banks had to find new ways to lose money when the old ones were working so...
The Credit Crunch, as told by Dr. Suess
The following has ben pinging round the inter-tubes for weeks . . . The author is Cameron Crise of Fortis Investments in London:...
The Making of a Mortgage CDO
There’s a wonderful set of flash based illustrations of how CDOs are put together as an online companion that goes with the must...
Coming Soon: Commercial Real Estate Crash
Run-don’t-walk to read Jesse Eisinger’s article, Wall Street’s Next Crisis: "In their own way, however,...
Let the litigation begin!
Thus, It Begins: I believe Barclays is now the first big plaintiff against the major Wall Street brokerage houses. The United Kingdom...
Authors@Google: Paul Krugman
Part of an interesting series at Google: Paul Krugman. If you don’t know who he is, Krugman writes a twice-weekly column for the...
FREDDIE MAC: Spending as if they had a good year
One of the more interesting things about the inter-tubes is that a great many things manage to find their way to the public than in the...
How Big Is It?
Nice info porn in the WSJ, comparing the relative size of past crises to the current mortgage debacle:> click for full size graphic...
Housing Charts: Genesis of a Crisis
Front page WSJ article today makes for intriguing reading: U.S. Mortgage Crisis Rivals S&L Meltdown For those of you w/o access,...
SubPrime? So what?
I have long respected and enjoyed Jim Cramer, but jeez, could he have possibly been any more wrong than this? Its one thing to be...