Posts Tagged ‘ bankruptcy filings ’

There Is a Tsunami Coming

Sep 10th, 2007 | By | Category: Macro Economics
“Everyone, it seems, is preparing for a coming wave of new bankruptcy filings,” noted a recent article in The New York Times.   According to Robert Sheehan, the managing partner of the law firm of Skadden, Arps, Slate, Meagher & Flom, there is a tsunami coming in the bankruptcy arena. Mr. ...read more

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A Look at Averages

Jun 15th, 2006 | By | Category: Macro Economics
Is household debt manageable? That is the question of the day. Bernanke sure seems to think so, at least according to this Chicago Tribune headline: "Bernanke: Household Debt 'Manageable'":   "Household finances are in good shape even as the greater availability of credit has led to higher levels of debt, Federal Reserve Chairman ...read more

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