Category: Housing market

Banking on Darling’s Plan

This piece was prepared for the Guardian’s excellent Comment is Free (CiF) site, and appears there under the title “Risky

The reaction in the US to Paulson’s $700bn bailout plan has been quite incredible. Now I see in the NYT

It’s important to be accurate so here are a couple of corrections to my previous post: First, I now see

An article appropriately titled “Three-quarters of the answer” in yesterday’s Guardian Money section appears to have been written and edited

I was going to use the title “Fannie and Freddie are Frakked (as they say on Battlestar Galactica)” but the

The UK’s banking sector is certainly providing the entertainment missing from this year’s Wimbledon women’s singles non-tournament. After the Rock

They say that the 1930s Depression was a result of a crisis exacerbated by policies to maintain a strong dollar.

OK, I know I said I wasn’t going to write any more about the Rock. But this story in Saturday’s

Says the FT. Hmm, maybe I wasn’t spouting b.s. after all. How do BSs raise more capital, pray tell?

For starters, the Yanks don’t have the term “negative equity”. I tried to tell them by commenting on this CNN