It was the risk model, an inherent flaw discovered after the fact but in time enough to pass the bag onto others. This is the big one’ says one chieftan, ‘just the start, most of us won’t make it past next week. This will destroy the firm. But what oth…
Tag Archive for Asses
Bears Chat, Best of the Forums
Late Sunday: Congressional Dem pushback kills SS modification
by Bears Chat at The Wall Street Examiner • • 0 Comments
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Congressional Democrats pushed back, saying “SS is not part of the current budget deficit, so why TF is it on the table now?”. Nancy Pelosi is a lot tougher than people give her credit for. That part of any hypothetical deal is dead. Deal curr…
Housing
We Got It Right, Wall Street Media Gets It Wrong
by Lee Adler • • 3 Comments
A few of us were reminiscing this weekend over on the Stool Pigeons Wire about certain calls on the housing market made by yours truly back in mid decade, the biggest one being that I sold my house in Florida in June of 2005–actually April, with a June closing. Sold it myself in fact, by…
