Category Credit crisis

From Tanta at Calculated Risk, in a long post about how, yes, the poor and people of color generally got stuck with mortgages with higher interest and more onerous terms that did higher income Anglos. But, and this is a…

Subprime mortgage bonds created in the first half of 2007 contain loans that are going delinquent at the fastest rate ever, according to Moody’s Investors Service. Those 2007 loans were the real junk then, made when most everyone had to…

Since 2000, the average price of a new home in the US has risen by nearly 50%. Of the G-7 countries for which we have data, only Japan has seen lower returns. Thus, those markets have much further to fall.…

Random Roger echoes Jim Rogers. “Every time the Fed turns around to save its friends on Wall Street, it makes the situation worse,” said Jim Rogers [co-founder of the Quantum Hedge Fund with George Soros in the 70’s]

Curb Your Age Of Turbulence Enthusiasm By Madeleine Begun Kane Panning fiscal acts He once endorsed, Greenspan feigns Bystander status.