Posts under ‘Uncategorized’

The Profit Motive August 13

The Profit Motive May 13

The Profit Motive May 10

An interesting discussion of the causes of the excessive residential price appreciation during the boom years. GlaeserGFCPaper2010 Source: Did Credit Market Policies Cause the Housing Bubble? May 2010 By Edward L. Glaeser (Harvard University) , Joshua Gottlieb (Harvard University), and Joseph Gyourko (Wharton School, University of Pennsylvania) And The Rappaport Institute for Greater Boston and [...]

KPIG Radio May 5th Podcast

Jim’s a great guy with tons of experience, the economy bad luck and misfortune finds him in difficult times. If you could use his services give him a call. Caleb Lawrence After a serious brain injury from a hit and run bicycle accident, no insurance and then losing all of his consulting gig with Merrill [...]

Frank Rich hits the nail on the head regarding accountability and being responsible for ones actions. As the parade of executives, regulators and interested parties to this fiasco continue claim that they didn’t know and that nobody saw it coming. BS! Anybody who was reasonably intelligent and paying attention could see this coming, I warned [...]

Our tax Dollars go down the rat hole to prop up failed institutions that engage in creative accounting rendering the whole idea of transparency laughable. 2-Years after the meltdown we still don’t have real financial reform and for the banks its business as usual. The collusion between Wall Street and Washington DC must end or [...]

More fun with creative accounting… Some excerpts below: A letter written by Barney Farnak head of the Financial Services Committee to the 4 largest banks contained the following two paragraphs. Many investors in first-lien mortgages have indicated that they are willing to accept the fact of significant losses on those investments in order to move [...]