The housing bubble and subsequent bust has been a mainstay of the financial headlines for the past six years. Most pundits were chirping throughout the bubble – and a good chunk of the bust – that housing prices could only continue to rise. There were a few level headed individuals who did see the housing […]

Continue reading about An interview with Patrick Killelea of Patrick.net – the housing bust and what to expect next

layofflist on January 20th, 2010

I wrote about Goldman Sachs CEO Lloyd Blankfein’s statement, “doing God’s work” in my previous post “ Bonuses at Big 3 banks total nearly $30 billion in 2009 – Americans as a whole did not fare as well” in the context of how important he was to the world, but it occurred to me in a […]

Continue reading about Blankfein – “doing God’s work” or doing gods work?

Over the last two days we’ve been seeing the banksters plead their case in front of Financial Crisis Inquiry Commission, which is a Congressional committee of six Democrats and four Republicans. This is going to be more of a dog and pony show than an attempt to right the multitude of wrongs that the banking […]

Continue reading about Bonuses at Big 3 banks total nearly $30 billion in 2009 – Americans as a whole did not fare as well