It’s wrong to say only banks were bailed out and the public was ignored. Here’s how it all works.
Archive for the ‘Credit Crunch’ Category
Fed Says Property Investors Key Culprit Of Housing Bust
The Fed’s new ‘Flip This House’ report targets property speculators.
How Fannie & Freddie Debt Is Counted In Bank Stress Testing
More bank stress tests coming. Here’s why U.S. banks are pushing back on how tests work.
Hey Bloomberg, Nice Picture of New Italian PM Mario Monti
What’s next, a horse head in Monti’s bed?
Originations: Italy Debt Crisis 101
What Italy’s troubles mean for global markets, in simple terms.
Originations: Debt Contagion In Italy Now, France Next.
Today’s links on Eurozone chaos, Chinese inflation, and Bernanke supporting small business.
Originations: Will Greece Derail Bailout Again?
Sunday links: latest on Greece, jobs, blogging, Wall St lies
All Debt Crisis Debates Are As Simple As This
All debt crisis debates are as simple as this: Debt that can’t be paid won’t be paid, so it’s only a matter of who will take the losses and when. That’s Former Federal Home Loan Bank of Chicago president Alex Pollock’s Law Of Finance, which he outlines in this month’s Mortgage Banking Magazine. Not some [...]
Visual Overview Of The Euro Crisis
Click image below to get NYT’s visual overview of the euro crisis.
TABLE: Bank Failures 2007 to 2011
-Here’s a good table from CalculatedRisk. -Also here’s the FDIC Failed Bank List detailing the fate of each bank.
