July 30th, 2009
The Federal Reserve Bank of Cleveland has posted an article that puts forth ten common misconceptions, or myths, about subprime mortgages and the current financial crisis. We'll take a look at each in two posts, the first five here:
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July 22nd, 2009
Federal regulatory agencies like the Federal Reserve, Office of Thrift Supervision, and the Office of the Comptroller are considered by many to be regulating the activities of banks to protect consumers. Not so, says a New York Times opinion article on July 19th.
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July 20th, 2009
It's been a tough couple of years for everyone. Whether you're a lender or a borrower, the financial crisis brought about by indiscriminate and predatory lending practices is creating havoc throughout the world economy.
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