1-10 of 123 Hubssort by Hot Best Latest
91Recession: What is it and How did we get there?
Second quarter 2008 First of all, it hasn't yet been determined that the United States is currently in a recession. The National Bureau of Economic Research, the major (and supposedly unbiased) research organization amongst economists, has a special...
15 comments
90Go to Hell IMF: What We Don't Want Is Your Austerity and Taxes
What Will Happen to the 30 Year Mortgage? Americans must understand the IMF and German government view of things in order to protest IMF imposing plans for the US economy. The Value Added Tax, a hidden tax, is an idea right from the International...
33 comments
89How to Explain the Subprime Financial Crisis Part 1
The first lesson in a two part series on the subprime financial crisis and how to explain what happened in a simple manner.
16 comments
87FROM HOOVERVILLE TO OBAMAVILLE: A New Breed Of Homeless Emerges From The Embers of The Great Recession
Economic catastophe has hit the United States before. The Great Depression caused devastation and country wide homelessness from 1929 to the early 40's. Colonies of homeless built shanty homes to dwell in, these shanty's were called Hoovervilles for the Herbert Hoover, the president in office. Today, our Great Recession, caused by the housing bubble burst in 2008, has seen thousands homeless turn to living in tent colonies. Those colonies are called "Obamaville."
3 comments
87Margin Call Review, and Life Imitates Art at MF Global
Margin Call imitates life in the last hours of Lehman Brothers and "life" imitates art in the last days of Jon Corzine's MF Global.
37 comments
85"Inside Job," A Movie Everyone Should See
Inside Job, a "Must-see Movie The documentary takes viewers step by step through the developments, beginning with deregulation debacle in the savings and loan industry under Reagan and continuing through subsequent administrations including, importantly, the repeal under Bill Clinton of the Glass-Steagall Act which had required the separation of banking and riskier securities trading activities since 1933.
32 comments
86How Bad Is The Subprime Mortgage Crisis?
To understand the nature of the subprime mortgage crisis and how we got ourselves into such an incredible mess (as well as what that mess really is), we need to go back several decades and examine how the...
67 comments
85How Does The FDIC Close A Bank?
I don't work for the FDIC any more but when I did I really enjoyed it. When I was in banking back in the late 70's to mid 80's, mortgage interest rates were running as high as 18%. People were failing on...
0 comments
83Chief Financial Officer Duties
CFO's Checklist When formulating a financial plan and financial policies for his firm the financial manager will find the outline and other information on this page useful. The outline was prepared for Professor Pearson Hunt's financial management course at Harvard Business School.
10 comments
82Subprime Home Mortgage Crisis
NY Times ace financial guru, Floyd Norris, in his column today, Oct 19, 2007, explains Treasury Secretary Henry Paulson's latest invention to ward off disaster for the big banks and the country's financial system, the "Master Liquidity Enhancement Conduit," which will rival the Los Angeles aqueduct.
14 comments
