«-- Jim's Quote of the Day: | Main | Letter Re: The Southeastern US Drought --»
Odds 'n Sods:
Does this sound familiar?: Burned
by Real Estate, Some Just Walk Away. Meanwhile, with thanks to RBS, here
is
a
housing
affordability
analysis from Dr.
Housing
Bubble:
A
$626,00 Short Sale in Burbank, California
o o o
Yet another reason to dislike eBay's ultra-liberal managers: EBay
customers' cash linked to risky assets
o o o
"Kit" sent us this AP wire story on the global SIV fiasco: The
credit crisis is far from over, just look at what
the new facts show
o o o
RBS sent us this
article from Alan Farago, posted at the Daily Times newspaper web
site in Pakistan. Farago hit the nail on the head with this statement:
"Trillions of asset-backed securities are floating around the globe
on digital pulses
through fiber optic cables, but no major financial institution wants to be
the first to re-price assets to market."
