Category Credit crisis

The Gospel according to Goldman

As a graduate in theology, I was interested to read that Goldman Sachs believes the Gospels promote self interest. However, I have learned there is an apocryphal basis for that position.  It turns out that biblical archaeologists have unearthed a…

Phantom condos and phony accounting

Jim The Realtor shows a brand new expensive looking condo development in San Diego County that has no gas meters hooked up. That means they never sold any. Just more empty condos, and they are not counted on new home…