April 15, 2008 - As the housing crisis expands beyond the United States, one group of people is not hurting at all: the ultra-rich. A 37-year-old investor told the New York Times, "On a spending level, [the recessio...
April 10, 2008 - Animal shelters are already pretty depressing, but they're getting worse thanks to the sub-prime mortgage crisis. According to an article in Wednesday's Washington Post, animal shelters are filling up wit...
Filed under: subprime loans,
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Countrywide Financial,
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subprime pets,
subprime foreclosures,
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New Century Financial Corporation,
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housing market,
Bear Stearns,
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economic downturn,
economic recession,
write downs,
subprime crisis,
housing downturn
March 17, 2008 - President Bush demonstrated recently that he had no idea how much a gallon of gasoline costs. But I'll bet he knows exactly how much a barrel of oil costs.
You can read more by Lloyd Garver at: lloydgarver.com...