"A republic, if you can keep it." Vegas, taxes.
"A republic, if you can keep it." Vegas, taxes.
Countrywide dogs howling over bare bones Just when BofA maybe thought all was well with their purchase of Countrywide, suddenly a pack of dogs wants to (and may well) force Countrywide into bankruptcy to grab assets. Why? Because Countrywide didn’t…
“Countrywide conned customers into loans that were clearly unaffordable and unsustainable, turning the American dream of homeownership into a nightmare,” said Richard Blumenthal, Connecticut’s attorney general, in a statement on Wednesday. He also called Countrywide “an insolvency enabler.” Connecticut Man1…
From an interview between Maria Bartiromo and Merrill CEO John Thain. This is the section that has financial blogs incredulous. Bartiromo: Will you need to raise additional capital? John Thain: …Unless you tell me where asset prices are going to…
Paul Kedrosky crunched the data and has it in map format. The cities are in a wide swath from Texas northeast to western New York. Interestingly, none are on the coasts or in the West and only a couple in…
The Sunday Times UK has an excellent, lengthy interview with Nassim Nicholas Taleb, author of The Black Swan: The Impact of the Highly Improbable. Published last May, it has had huge impact, the idea that unpredicted events can change everything…