The Associated Press reported on a new failed bank last month, the Georgian Bank, which of course was in Georgia. Whelan Jennings would have sung about “just some good ol’ boys, never meaning no harm,” and would have narrated in backwoods lingo, you can’t leave that Boss Hogg in charge...
Category: Federal Reserve
Case, Shiller and the Truth
As the mortgage pool assets are written down, and the collective that is America takes its lumps for this “perfect storm,” one question that just sticks in the craws of everyone (but the scarecrow before he met the Wizard); why? Real estate as an asset class has a classic growth...