Search Results - financial-crisis
When we think about the current economic crisis that was, to a large extent, brought on by the lax lending practices of banks when financing the residential real estate market, what is it that comes to mind?
Is it the low documentation/no documentat...Real Estate Market (Feb 12th, 10)
Keep Adding Zeros And Pretty Soon You’re Talking About Real Money!
The Obama administration has issued its budget for the upcoming year, and the numbers are staggering. Unfortunately though, the numbers are not positive, but are record setting in ...(Feb 1st, 10)
Previously we explained how the underwriting guidelines of lenders on main-street are merely a reflection of the kinds of bonds the secondary market wants to purchase. Also how the advent of credit default swaps led to an increase in demand for subprime ...Banking (Nov 4th, 09)
Previously we discussed what a derivative is and, more specifically, what a credit default swap (CDS) is and how they work. We saw that credit default swaps are actually comparable to simple insurance policies. Today I want to discuss a specific market where c...Banking (Nov 3rd, 09)
With our financial system in disarray, it seems that no one will give us a straight answer on what caused it. My goal in the next few blogs is to explain specifically what happened during the economic crisis, and how it happened. I am going to break down the...Banking (Oct 27th, 09)