1-10 of 13 hubssort by Hot Best Latest
79Which banks are in the most trouble now?
After Friday afternoon's news that IndyMac Bancorp was being taken over by the government and then reopened yesterday under the new name IndyMac Federal Bank, the worry on Wall Street and Main Street has grown...
18 comments
81Mortgage Market Crisis/A Failure to Manage Risk/Economic Outlook Grim
Economic Outlook--Slow Motion Recession Plummeting home prices and car sales, rising foreclosures, accelerating joblessness, tight credit, expected FEDERAL RESERVE interest rate increases. 2 years of sub-par...
7 comments
59Sponsor an Executive
You may not realize it but the people who are suffering the most as a result of the subprime mortgage crisis are executives of Wall Street firms whose bonuses have been cut or have lost their jobs. In...
5 comments
69Are You Ready for the Next Mortgage Crisis 2010?
The United States sub-prime mortgage crisis 2009 is behind us. But an Option ARM mortgage crisis 2010 is on the way. The United States economy appears to be improving. Housing sales continue to rise. Home...
1 comment
60The U.S. Decides to Bail Itself Out?
I was going to wait about a week for the dust to settle before writing about Treasury Secretary Hank Paulson's plan to create a U.S. governmental agency to buy up bad mortgage debt in an attempt to stabilize...
77 comments
55A New Mortgage Crisis
What is the New Crisis A recent video by 60 Minutes brought light of the fact that there’s much more to the subprime mortgage crisis than we know about. A good portion of those having the 3/1...
2 comments
69The fall of the investment banking industry. Will Goldman and Morgan survive?
Rewind backward by just a couple of years and take a look at the investment banking industry on Wall Street. Everything was humming along quite brilliantly with no apparent signs of distress. There were at...
0 comments
729-19-08 Crisis End Game--Paul Krugman NY Times
Op-Ed Columnist Crisis Endgame By PAUL KRUGMAN Published: September 18, 2008 On Sunday, Henry Paulson, the Treasury secretary, tried to draw a line in the sand against further bailouts of failing financial...
29 comments
62Delinquent Mortgage
Fact, in the US more than 11% of all mortgages are either delinquent or in foreclosure. This is an alarming number. Currently there are about 1.5 million homes which are probably going to be going...
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60The Tumble of Post-Industrial Society
The Tumble of Post-Industrial Society By Dmitriy Belyanin The sub-prime mortgage crisis in the United States of America and the beginning of recession in Europe have created doubts about the sustenance...
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