Keyword: Bailout
Financial and Mortgage Reform? Nah. Who Needs It?
This week the House of Representatives passed a sweeping financial reform package that would deter, in part, some of the most egregious practices of the financial and mortgage industries. In essence, it would curb, or try to curb, some of the sub-prime and other “exotic” mortgage products as well as create a bit of transparency for the average consumer of ...
Realogy, Tribune and the Big Three – Bailout Nation
The Tribune is a massive company with legacy costs, systems and infrastructure that is struggling to sustain itself in the face of a severe economic downturn as well as competition that is more nimble, agile and able to withstand the recession (so far). The Big Three are massive companies with legacy costs, systems and infrastructure that are struggling to sustain themselves in the face of a severe economic downturn as well as competition that is more nimble, agile and able to withstand the recession (so far) – but they (excepting Ford) are failing, and failing fast.
Could Private Money Fix Wall Street?
Bulls Don’t Get Bailed Out I’ve been following the wall street freak out since it began, and I’m not totally sure I minded the $700 billion dollar rescue plan devised by Paulson, but it got me to wondering… Wondering why, if there was an upside to holding the illiquid assets for the feds and the tax payer, why larger ...
Some Much Needed Perspective
Perhaps to the collective short-sightedness that has been one of the contributing factors to the current housing market shift, but not to those who see housing as a long-term, buy (and live in) and hold investment. … Let’s shift the perspective from one that tracks the housing market on a week-to-week and month-by-month basis and recognize that ” relatively” 6% is as close to free money as we’re likely to see.













