Interview: Mortgage Originator Explains the Crisis
Please click above to listen to full interview. Mike sat down with David, a former mortgage originator during the boom times. They discuss the move
Please click above to listen to full interview. Mike sat down with David, a former mortgage originator during the boom times. They discuss the move
In one obvious respect, The Big Short follows Michael Lewis’s winning formula for a blockbuster book on sports or finance: character sketches so compelling, funny,
The Senate Banking Committee long-ago proved itself to be not a truth-seeking body, but more of a combination woodshed and green room, in which distinguished
One last rant, and then I’ll rest a while on MF Global and Jon Corzine.[1] Yesterday’s news[2] pointed out the regulators’ problem that only Corzine,
You may, like me, be curious about what happened during the Great Credit Crunch. You may, like me, have the feeling we reached a financial
The New York Times’s James Stewart provides excellent details from the MF Global Trustee report that corroborates in part my speculative narrative on Corzine’s actions
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.
We’ll let you know when we have new posts!