Posts Tagged ‘ new century ’

Subprime Ground Zero, Part I

Apr 11th, 2007 | By Byron King | Category: Emerging Markets
"NEVER TURN DOWN a combat assignment," said one of my old Navy commanding officers. "It is bad for your career," he noted. Bad for your career? So is dying. But what the man meant was that a combat assignment is "good" for your career if you live to tell about ...read more


Accounting Reflects Housing Market Reality

Feb 15th, 2007 | By Dan Amoss | Category: Macro Economics
  "Subprime" mortgage lending is a disaster unfolding before the eyes of financial market participants. Subprime refers to the practice of providing home mortgages to those with spotty credit histories in return for a few extra basis points of interest. The Mortgage Lender Implode-O-Meter Web site has gained a wide following as ...read more