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financial stress

Pigs and Hogs

10
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Posted on July 12, 2008 - 7:44am at WhitesCreek Journal
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Do these important financial geniuses look worried to you? I'm thinking they will be in a lot of history books one day...
Their names are Paulson and Bernake.

From our "The Free Market Works...Every time" Department:

WASHINGTON

"...doing what we can to avoid preventable foreclosures is not just in the interest of lenders and borrowers. It's in everybody'

11
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Posted on May 15, 2008 - 5:19am at Stone Soup Station
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Bernanke's getting scared....

Bernanke's Federal Reserve Freakout

It’s Also a Prime Problem

11
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Posted on February 12, 2008 - 8:20am at The Crone Speaks
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Surprise, surprise. The “sub-prime” disaster is spreading to prime-rate mortgage holders.

The credit crisis is no longer just a subprime mortgage problem.

As home prices fall and banks tighten lending standards, people with good, or prime, credit histories are falling behind on their payments for home loans, auto loans and credit card

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