Thursday, March 12, 2009

Alice's bubble wrap

Drag Me to H-ll

Subprime mortgages as a horror movie.

Credit card delinquencies hit index record

As I said before, credit cards are the new subprime.

The Next Big Bailout Decision: Insurers

Greenspan Yet Again Blames Others for Housing Bubble

Talk to the hand, Al, no one is listening.

House prices 'could fall by further 55 per cent'

You mean I could actually afford to buy a house?

Who answers the phone in the US Treasury?

Since the Obama administration took over on January 20, the US Treasury has effectively been out to lunch.

3 comments:

  1. I can't wait to see this movie - a subprime borrower has revenge on a loan officer.

    ReplyDelete
  2. Greenspan told Alex Brummer that he kept interest rates low because of 9/11.

    ReplyDelete
  3. Wullie Boots was great fun: "it is even possible that Geithner has to make his own coffee, a task normally delegated to a Deputy Secretary. This is an insane situation that no self-respecting country should allow to continue".

    ReplyDelete