Very interesting video clip on some research done by Amherst Securities illustrating the foreclosure crises. Source: Bloomberg Laurie Goodman, Amherst Securities
Posts on ‘January 19th, 2010’
KPIG Radio January 19
Stocks moved steadily higher from the open on mixed data. The November Treasury International Capital flows or TIC report jumped to 126.8 billion as risk adverse foreign investors bought 118.3 billion in various Treasury issues, about 3 times October’s figure. Agency issues, Fannie Freddie etc, were positive at 5.9 billion while equities slipped to 9.7 [...]
Hi and welcome to The Profit Motive, I’m your host Caleb Lawrence. Once upon a time in America the media acted as the watchdog of the corporations and the state. In the modern era it’s all about ratings and profits, opinion has been substituted for news and frequently is presented as fact. Much like my daily radio show on KPIG 107.5 FM in Santa Cruz California and KPYG FM 94.9 Cayucos/San Luis Obispo California. A thousand Blogs were able to spot the current problems and many began discussing it years before it reached crises proportions. While there were exceptions, and these exceptions are becoming more common, the mainstream media failed to get it and largely continue to do so.
