Four ways to ensure the Fed’s stimulus will work

November 12, 2010

By John Wasik
The opinions expressed are the author’s own.

The Federal Reserve can buy all the US Treasury bonds it wants, but it won’t do much other than make corporate treasurers waggily over being able to borrow at incredibly low rates.

Bleak fall of the $100 billion mortgage bubble

October 29, 2010

foreclosures

We’re entering the “Bleak House” period of the mortgage bubble. The action has shifted to the courts. Worse, it will drag on for years and cost hundreds of billions of dollars.