Felix Salmon

The SF Chronicle’s prescient mortgage conspiracy theorizing

By Felix Salmon
June 1, 2011

Back in December 2007, before Bear Stearns went bust but just as the country was tipping into recession, a California lawyer named Sean Olender was worrying about the putbackpocalypse — the idea that holders of mortgage-backed bonds would force banks to buy them back at par, thereby wiping out the capital in the banking system. To his credit, Olender was one of the first people to latch onto this worry, which still hasn’t gone away.

Maneker on Salmon

By Felix Salmon
September 17, 2009

I’m most flattered that The Big Money considered me interesting enough to warrant a 1,800-word profile by Marion Maneker. There’s a few bits of it which are interesting even to me: