Month August 2009

Tsunami of foreclosures to hit US

Via The Big Picture A tsunami of home foreclosures is set to hit the US as banks are unable to keep bailing out tenants that can’t afford their rent, David Karsbøl from Saxo Bank told CNBC. Karsbøl talks about the…

Regulatory crackdown on Goldman begins

Regulators are finally starting to investigate our favorite vampire squid. Zero Hedge wonders why it’s taken so long. Can someone please explain how FINRA and the SEC would actually chase the perpetrators of market injustice if it wasn’t for the…