The US housing bubble wasn't unique; many other countries had their own. The Fed can't be blamed for the bubble which was fueled by bad lending practices. But the stock market's punishment of bank stocks far exceeds the actual potential losses due to bad loans.
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6-2-2026
Quote of the day by Oracle co-founder Larry Ellison: "Citizens will be on their best behavior, because we’re constantly recording and r...
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They're saying F-U to Congress, essentially read more | digg story
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A lot of criticism was given to the Bush Administration for proposing a 3-page bill to address the financial markets. While I had some criti...
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