Mortgages Part VIII – The Cause of the 2008 Crisis
On the 2008 mortgage crisis, from my perspective Ok friends, are you ready? I’m about to piss you off. Contrary to the dominant journalistic narrative
On the 2008 mortgage crisis, from my perspective Ok friends, are you ready? I’m about to piss you off. Contrary to the dominant journalistic narrative
Below are my reactions to the US Securities and Exchange Commission fraud suit that began yesterday against “Fabulous Fab” Fabrice Tourre, a Vice President at
Please see my earlier post, on the creation of a Mortgage bond which reviewed 3 parts of the mortgage bond market. “When Issued” forward-trading of
A friend asked me recently for investment advice. I sent her my thoughts by email but couldn’t resist making it into an “Ask an Ex-Banker”
How do mortgages make it to Wall Street anyway? None of the following is essential to understanding mortgages from a personal finance standpoint, I just
Follow the money! It’s not just “those corrupt folks” over there, it’s often “these corrupt folks” over here as well. Post read (6842) times.

I founded Bankers Anonymous because, as a recovering banker, I believe that the gap between the financial world as I know it and the public discourse about finance is more than just a problem for a family trying to balance their checkbook, or politicians trying to score points over next year’s budget – it is a weakness of our civil society. For reals. It’s also really fun for me.
The Financial Rules for New College Graduates: Invest Before Paying Off Debt--And Other Tips Your Professors Didn't Teach You
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