Tag Archives: Finance
Learning To Trust Real Estate Again * Ally Bank * California’s Ongoing Challenges
Once Bitten: Learning to Trust Real Estate Again The housing bust burned real-estate investors. Even more frightening, many investors were blindsided by the bust because “credible” officials as high up as then -Federal Reserve Chairman Alan Greenspan were convincing them housing was immune to speculative bubbling. At some point, however, investors will be wise to forgive the real-estate market and […]
There’s A Czar For That Too * Our Trade Deficit Answer * California’s Mortgage Protection Plan
Yeah, There’s a Czar for That It is beginning to appear that the job of high-up elected officials is simply to hire others to oversee the issues we elected them to solve. President Obama has appointed a czar for nearly every significant issue that faces his administration. According to a recent article in the Chicago Tribune, “Republican Sen. John McCain […]
Loan Modifications * Recession Proof * Recovery Timing
Subprime Lenders, Transformed With shady subprime-lending practices behind us, former subprime lenders have been forced to put their devious skills to work elsewhere. The complexities of loan modifications have attracted many ex-lending predators and provided them a vehicle to employ their corruption. Now no one is saying that each and every person involved in loan modification is corrupt. In that […]
The New “R” Word: Reset
The New “R” Word: Reset Over the past 18 months, we have been inundated with bleak tales of economic strife. Inevitably, the media has worn us all thin with their never-ending string of bad news. Yes, we are stuck in the thick of a very painful recession. Unemployment rates are flirting with double digits, fears of inflation are beginning to […]
Putting Money Back To Work
Mr Money – Unemployed A Slice of Real Estate Pie Investors know that building a solid portfolio involves striking a balance between producing high returns and protecting the portfolio’s assets. The underlying factor in both of these is risk. However, our desire to manage risk does not mean we need to sacrifice high returns, and that is the beauty […]
deMarigny: Taleb Almost Has Solution Right
In today’s article: “Taleb offers a universal solution to our ills” (Published July 14, 2009 at 10:46 AM “THE DEAL”) Prof. Taleb, author of “The Black Swan,” a book about the likelihood of outlier events otherwise believed to be improbable, profers a solution to the current debt and liquidity malaise. He says to make a mandatory conversion of all public […]