Posts Tagged ‘deleverage in us’

Bringing Up the Rear – Dale Westhoff, Credit Suisse Group AG

Bringing Up the Rear – Dale Westhoff, Credit Suisse Group AG

Apparently, right before you made your idiotic comments about moral hazard, saying that principal write-downs won't save homes, Credit Suisse had just won the bidding process and as a result bought $7.014 billion in face value RMBS from the Federal... (Continue reading)

WSJ Surveys Economists… US Incomes Won’t Make Up Lost Ground Before 2021

WSJ Surveys Economists… US Incomes Won’t Make Up Lost Ground Before 2021

Yesterday, for the first time since the recession began, the Wall Street Journal survey of 50 economists now say that incomes in this country have been falling since 2000 and they don't expect us to make up the lost ground... (Continue reading)