The government is finally about to start buying up the garbage assets that all the big banks are holding. From the WSJ, still owned by the same people who brought you When Animals Attack: ‘Bad Bank’ Funding Plan Starts to Get Fleshed Out This one is going to be a public-private partnership, wherein the government […]
Though I was busy finishing up Winter A for the past week, it doesn’t mean I haven’t kept up with the world. (Sage RSS sidebar = a favorite of mine.) So here’s a burst of opinion: My newest senator Roland Burris grows more as an embarrassment each day, but what’s even more embarrassing is the […]
The Wife and I had a good discussion today sparked by Sunday’s first piece in the New York Times series on debt in America. (And thanks to J Frog for sending me that way today.) I did learn a nice history of the lending industry from the article, in particular the industry’s shift in focus […]