Posts Tagged ‘PIMCO’

Ice, Ice Baby – Iceland’s people give cold shoulder to paying for acts of reckless bankers.

Written on 21 Feb, 2011 at 8:21

Now, the British and Dutch governments want their money back, but Iceland's people are saying, well... no, not to put too fine a point on it. You might even say that the Icelanders are saying: "Hell no!" ... (Continue reading)

Short Sale Lease-Backs Make Total Sense – Fannie, Freddie and Servicers Are the Problem

Written on 8 Sep, 2010 at 17:30

So, what's not to love? Banks win by getting more for the property than would otherwise be the case. Investors win through earning a return that averages 15% on their investment. Banks win by getting more for the... (Continue reading)