
FDIC Pilot Securitization Program
Did you know that the FDIC is about to start issuing securitized mortgages as an investment instrument? Neither did I. But thanks to...
Climate Change: The Scientific Debate
Quite interesting, even handed, and intelligent: Part 1 Climate Change — the scientific debate A basic look at how climate...
FICO: Not a Great Default Predictor
Joe Nocera has an interesting article in the NYT about FICO credit scores. Banks rely almost exclusively on the FICO scores when making...
Succinct summation of the week’s events
Positives 1) While toughness questioned and worst case not incorporated, EU stress test has less banks failing and smaller amount of...
Friday Readings

Home Ownership Falls to 67% or 62% (Depending on Who You Ask)

European banks/Sovereign default
The results of the stress test were of course better than thought relative to the amount of banks ‘failing’ and the amount of...
Total Market Capitalization as % of GDP
