Thursday, September 10, 2009

Market Place - In Florida, the Ruins of Condo Mania - NYTimes.com

Market Place - In Florida, the Ruins of Condo Mania - NYTimes.com
Create a bank, loan like made, Loot the cash, sell 0ut. The Great American banker

Trade Tensions With China Quietly Escalating « naked capitalism

Trade Tensions With China Quietly Escalating « naked capitalism
Trade war, where did that happen before? Oh yeah Great Depression? Would started it? US. Who will start this time? China.

Wednesday, September 9, 2009

Bank of America’s Firing of Counsel Is Examined - NYTimes.com

Bank of America’s Firing of Counsel Is Examined - NYTimes.com
Funny a year on and we are just now finding out the facts of the mess.

Tuesday, September 8, 2009

Fannie Mae, Freddie Mac Struggle A Year After Takeover

Fannie Mae, Freddie Mac Struggle A Year After Takeover
Not really we thought they should be closed. They are a festering problem and will be for a long time.

Real Unemployment Rate Hits 16.8% | zero hedge

Real Unemployment Rate Hits 16.8% zero hedge
The march upward continues.

Nils Gilman: The Global Illicit Economy

Nils Gilman: The Global Illicit Economy
Awesome video