Quantcast

The Money Blogs is the source for Blogs about the latest financial and stock market news with rss feeds

Bloomberg.com: "Evil Wall Street Exports Boomed With `Fools' Born to Buy Debt" "The bundling of consumer loans and home mortgages into packages of securities -- a process known as securitization -- was the biggest U.S. export business of the 21st century. More than $27 trillion ... Read more

  So it occurred to me that this mortgage crisis needed a little scrutiny based on the assumption that bankers and lenders aren't inherently stupid.  With all the crying about who's to blame, it'd be wise to "follow the money".  It's easy to wave off some of this as c ... Read more

Well Happy New Year to everyone!  I hope everyone is recovering from their Christimas dinners and New Years parties, and are looking forward to a banner year!  I certainly am, despite some of the bad news we've seen these first few weeks of '08.  For those of you hiding your heads i ... Read more