Banks face another mortgage crisis. Barron's.
But Chris Whalen of IRA thinks the exposure of the banks is much greater than Barron's says.
Fannie Mae, Freddie Mac and the Coming Wave of Foreclosure Buybacks. RealtyTrac.
There will be blood. Paul Krugman.
Call Their Bluff, Mr. President. David Cay Johnston.
sorta related fare:
Obama the house negro --- pity the man who walks on his knees (and the nation he leads from that position). Evert Cilliers aka Adam Ash, 3QD.
However, this was but a screwup in a teacup compared to what the Dems did, which was wreck their chances for making any more “reforms” for the next two years or more. And a silent fart in a huge cathedral compared to what our President has wrought, which was wreck his chances for re-election. Just like the Republicans have successfully obstructed anything that can do the country any good over the last two years so they can blame everything wrong on the Democrats, they are now going to make damn sure nothing good happens at all so they can blame everything wrong on the president, and replace him with Mitt Romney (maybe even Sarah Palin). Simple election strategy, and amazingly effective.totally other fare, especially for basketball lovers:
When David beats Goliath: When underdogs break the rules. Malcolm Gladwell, The New Yorker.
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