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Financial Armageddon
9 hrs ago
Comment
Despite the gusher of cheap money and stimulus programs, the myriad bailouts and rescues, the ongoing regulatory forebearance and accounting rule changes, and the hundreds of billions of dollars of red ink spilled so far -- not to mention the...
Clusterstock
Nov 30
Comment
I know, I know. Subprime is so, like, 2007. And most of the financial press has moved onto sexier mortgage words like “option ARMs,” or “FHA loss reserves.”
That said, I thought it would be interesting to dive back into subprime waters,...
market folly
Nov 30
Comment
Big hat tip to Zerohedge for posting this one up recently. Paolo Pellegrini, John Paulson's former colleague who helped him craft his large bet against subprime, is now out on his own. PSQR Capital is his discretionary global macro fund that...
FX Street
Nov 30
Comment
In this issue: Subprime Dubai More Government Data Fun: Unemployment Claims Were Not Down Why I Am Optimistic About the Future The Millennium Wave New York and My Own Psychic Income I admit that of late my writings have had a rather...
Financial Times
Nov 29
Comment
Carbon trading is the new subprime. It is a market dominated by derivatives and speculation. It is thus of the devil and will go the same way
New York Times
Nov 28
Comment
New York is on the verge of extending laws to protect subprime mortgage borrowers from foreclosure to prime borrowers.
Bloomberg
Nov 28
Comment
Mark Pittman, the award-winning
investigative reporter whose fight to open the Federal Reserve
to more scrutiny led Bloomberg News to sue the central bank and
win, died Nov. 25 in Yonkers, New York. He was 52.
Bloomberg
Nov 27
Comment
Mark Pittman, the award-winning
investigative reporter whose fight to open the Federal Reserve
to more scrutiny led Bloomberg News to sue the central bank and
win, died Wednesday in Yonkers, New York. He was 52.
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