THE BASIS POINT

Linkage: Mavericks Win, NBA Loses

Congrats to the Mavericks who won the NBA championship last night. Too bad the NBA isn’t flying as high. And neither is Greece. Nor are most other countries by Roubini’s outlook. Nor home sellers who are financing buyer loans. It’s all in today’s links.

-How NBA owners lost $300m this year (Bill Simmons via ReformedBroker)

-Obama to nominate Gruenberg for FDIC chair (HousingWire)

-Greece update–with critical dates (CalculatedRisk)

-Roubini: Perfect Storm & Bond Market Revolt Threaten Global Economy (Bloomberg)

-Know your local property market by being a nosy neighbor at open houses (Amy Hoak, Marketwatch)

-Seller financing returns, but seller & buyer beware (MSNBC)