Does this sound familiar?: Burned by Real Estate, Some Just Walk Away. Meanwhile, with thanks to RBS, here is a housing affordability analysis from Dr. Housing Bubble: A $626,00 Short Sale in Burbank, California
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Yet another reason to dislike eBay’s ultra-liberal managers: EBay customers’ cash linked to risky assets
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“Kit” sent us this AP wire story on the global SIV fiasco: The credit crisis is far from over, just look at what the new facts show
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RBS sent us this article from Alan Farago, posted at the Daily Times newspaper web site in Pakistan. Farago hit the nail on the head with this statement: “Trillions of asset-backed securities are floating around the globe on digital pulses through fiber optic cables, but no major financial institution wants to be the first to re-price assets to market.”