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Angry Bear
(0)
This is What a Giant Vampire Squid Looks Like

Via Greg Mitchell's Twitter feed, lying isn't just for the IB branch any more: Goldman declined for three years to confirm their suspicions that it had bought their mortgages from a subprime lender,...

Started in Angry Bear • 4 weeks ago • 0 responses
Tags: bailout, moral hazard, goldman sachs, mortgage markets

Angry Bear
(0)
McMegan, Discrimination, and Inappropriate Loans

Susan of Texas has an immortal post on the housing crisis, McMegan's ratiocination, and the persistence of ignorant memes. The money quote:McArdle doesn't refute facts, she hen-pecks at the methods...

Started in Angry Bear • 7 months ago • 0 responses
Tags: moral hazard, jourmalism, mortgage markets, solvency crisis, discrimination

Angry Bear
(0)
"Banks Just Don’t Go Under"

Did target="_blank" href="http://www.ajc.com/business/content/business/stories/2009/05/17/georgia_banks_lawsuits.html"<no one in Georgia pay attention in the 1980s?It’s not just reputations that...

Started in Angry Bear • 7 months ago • 0 responses
Tags: mortgage markets, solvency crisis, bank failure, portfolio allocation
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