Monday, August 20, 2007

How Did The Nations Largest Banks & Investors Miss The Mortgage Crisis?

All through last year, Jim Melcher saw the signs of a rapidly deteriorating American housing market — riskier mortgages, rising delinquencies and more homes falling into foreclosure. And with $100 million in assets at his hedge fund, Balestra Capital, he was in a position to do something about it.

read more | digg story

No comments:

6-21-2026

Trump threatens to charge U.S. tolls in Strait of Hormuz if final Iran deal not reached in 60 days Delaying clean energy is what really make...