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Mish's Global Economic Trend Analysis is the #1 Blogger for US Economic Bailout of 2008
Many banks are getting hammered with enormous credit card losses, and more foreclosures and commercial real estate writeoffs are coming down the pike and they have made no allowances to cover the losses.
Those wanting to rail about something ought to rail about FDIC and Fed decisions tha...
Congress and the SEC have not enacted any reforms. And the American people remain at risk of another financial debacle. Mr. President, we must never let this happen again. Mr. President, I rise today because I am deeply concerned that just over one year since the collapse of Lehman Brothers, a f...
Fri, Nov 6 | from Huffington Post