California faces a projected deficit of $21 billion -- latimes.com

California faces a projected deficit of $21 billion -- latimes.com
OK who put the same record on again?

SocGen Tells Clients: Here's How To Bet On Total Global Collapse

SocGen Tells Clients: Here's How To Bet On Total Global Collapse
Doom Doom and more doom

DeLong: Odds Increasing That We're Headed For A Great Depression

DeLong: Odds Increasing That We're Headed For A Great Depression
Doom from a former optimist.

Warning: You May Not be Making as Much on Gold as You Think

Warning: You May Not be Making as Much on Gold as You Think
Excalty. Gold is terrible investment.

Rolfe Winkler » Blog Archive » GMAC shouldn’t have a government ally | Blogs |

Rolfe Winkler » Blog Archive » GMAC shouldn’t have a government ally | Blogs |

Thinking here on a rainy Tuesday. What if GMAC goes down. What if FHA needs a bailout at the same time. What would the market do?

10 States with Underemployment Rates of 20+ Percent. Manufacturing Sector Employs Same Number of Workers that we did in 1940.

10 States with Underemployment Rates of 20+ Percent. Manufacturing Sector Employs Same Number of Workers that we did in 1940.
WOW, some ugly stuff.

Mortgage Loan Deliquencies Move Up Toward All-Time Record – 24/7 Wall St.#more-53770#more-53770#more-53770

Mortgage Loan Deliquencies Move Up Toward All-Time Record – 24/7 Wall St.#more-53770#more-53770#more-53770
As we contiue to work throught the 2004-2007 Loans we continue to see heartburn.

Meredith Whitney: "I Haven't Been This Bearish In A Year"

Meredith Whitney: "I Haven't Been This Bearish In A Year"
Damn dark day for some up in the markets.

Mish's Global Economic Trend Analysis: Bair: "Bank Bailout NOT a good thing"; Pension Benefit Guaranty Corp (PBGC) Bailout Coming

Mish's Global Economic Trend Analysis: Bair: "Bank Bailout NOT a good thing"; Pension Benefit Guaranty Corp (PBGC) Bailout Coming
A round up of Doom