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There is no Problem - McCain says this morning that our economy is strong
Updated almost 18 years agoWe have nothing to worry about, the golden days will be back any day now. John McCain said just this morning that the "fundamentals of our economy are... -
Market
Bank of America, Merrill Lynch In Merger Talks
Updated almost 18 years agoAs I predicted. Doesn't bode well for Lehman. -
Market
Why does it cost triple to buy what you can rent for?
Updated almost 18 years agoWhy does this property cast $4,200 to rent: <a rel="nofollow"... -
Market
“Everyone is walking around like they have just been Tasered”
Updated almost 18 years agoIn the last few days, employees of Lehman Brothers have wrung their hands as the value of their stock evaporated before their eyes. Now, many fear losing their jobs,... -
Market
ARM Resets: Tsunami Ahead
Updated almost 18 years agoOption ARMs and Interest Only (IOs) loans scheduled to reset in the next few years will add more trouble. These loans represent about 15% of securitized loans and... -
Market
Treasury, Fed Said to Call on Wall Street Chiefs to Back Lehman
Updated almost 18 years agoSounds encouraging, until you read the details: "The banks and brokers called into the meeting may be asked to contribute money to back Lehman long enough to unwind... -
Market
Mortgage Rates Down... where to next?
Updated almost 18 years agoHavent been looking, was surprised to see rates down to 6% today. Had been around 6.5% for awhile. What happened? Is this due to the Fannie/Freddie takeover? ...