I don't much link to (or read, for that matter) Kos any more, but this is just too good not to pass along. Once again, this really is quite simple.... [More]
November 2, 2007
November 21, 2007
Subprimes Are Just The Beginning
I've been so focused on the impact of the subprime mortgage collapse that I didn't think to look beyond it to se what was next. Assuming that the economy manages... [More]
November 27, 2007
"Privatizing Profits and Socializing Losses"
If you thought the mortgage mess was bad before, go read this. With almost no public scrutiny or supervision, Countrywide has borrowed nearly $51 billion (yes - that's with a... [More]
November 28, 2007
Don't Believe The Hype [UPDATED]
The market didn't rally today because, as the Post claims in its tease, investors are confident "that at least some damage from credit crisis is finally mitigating." The market rallied... [More]
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