Posts Tagged ‘ subprime lending ’

Setting the Records Straight

Dec 21st, 2007 | By Whiskey Contributor | Category: Commodities
LAST WEEK, THE WORLD OF BASEBALL BRACED ITSELF for the release of former Sen. George Mitchell’s detailed report about steroids in the game. The findings of the investigation have now come out and been made public. Now baseball can begin the arduous task of rebuilding its image. It may be ...read more


We Can Rebuild It

Dec 17th, 2007 | By Dan Amoss | Category: Macro Economics
BANKS AND OTHER FINANCIAL COMPANIES OPERATE with lots of leverage. This is good for bank shareholders when times are good, but very bad when loan losses start impairing assets. If a bank were to invest its capital 6% in mortgages on an “unlevered” basis, its return on equity would be 6% ...read more