Lunchtime Links 9-22
AIG may never pay backtaxpayer billions, GAO (WaPo) $120.4 billion to be precise. Why make AIG pay all that money back? Why can’t we go after banks like Goldman that were the ultimate recipients of much of the money?
MUST READ—USDA Home Loans, subprime redux? (BusinessWeek, ht Felix) You can get 100% financing from the Dept of Agriculture. They’ve extended $10.5 billion worth of loans this year. Here I thought FHA was offering the easiest terms on government home loans!
Housing is getting less affordable (ML-Implode)
Lebanon’s “Madoff” embarrasses Hezbollah (Reuters)
A D.C. whodunit: Who leaked and why? (Politico) Bob Woodward scores another scoop.
Vikings were warned to avoid Scotland (Telegraph)
For LPHI shareholders, it’s been one heck of a ride, but now it’s over (Citron) The Stock Lemon guys have another short idea for us. I wonder if the borrow is actually available for this one…
Cool time-lapse video…