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Quote of the Day (1)
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Manhattan Real Estate: New York City Real Estate Tips (0) permalink
"This is worse than a divorce. I've lost half my net worth, and I still have a wife." - says one shell-shocked trader via NY Post's "Chaos Caps Dow Nightmare Week" *courtesy WSJ.com That quote says it all as the Dow experiences its worst week ever in its 112 year history of trading. Readers of some macro economic blogs (Calculated Risk, NakedCapitalism, The Big Picture, Roubini's Blog, Mish's Global Economic Analysis, UrbanDigs, etc..) can't say ...Shared by nicolas rolland (0)Contribute comment -
Recapitalize & Steepen; Markets Paralyzed (1)
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Manhattan Real Estate: New York City Real Estate Tips (0) permalink
A: Alright, so I've read all the articles, read all the bloggers, and its clear there are very strong views on the flaws of this recapitalization plan that easily could exceed some $700,000,000,000. I'm more interested now on what the general theme is here. In my humble opinion, the goal is to recapitalize and strengthen the banks, period! Yea, Im sure there will be clauses inserted in the plan to help foreclosures, and work with ...Shared by Greg (0)Contribute comment
