Our Editor at Large (Michael Z. Williamson) sent this evidence that the MOAB will continue to grow, unchecked: A $15,000 gift for home buyers?
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Reader Leon H. suggested this great video segment: Peter Schiff: Stimulus Bill Will Lead to “Unmitigated Disaster”
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Bob McC. flagged this: California, Georgia banks are latest to be seized. Bob’s comment: “These bank failures were in Southern California and Atlanta, Georgia, no doubt being dragged down by failing real estate, in two of the formerly hottest markets. Is it me, or do the bank failures seem to be coming at a steadier pace now?”
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Cheryl sent us these: Financial Coup D’Etat — UK: 38,000 Companies Expected to Go Bust — Three More US Banks Shut By Regulators