Group Think, Duct Tape and Slam Dunks
Mortgage Backed Securities
Canadian Banks Avoided Mortgage Meltdown
CBS News Bankers Eschewed Subprime Loans, Mortgage Securities; The Result — No Bank Failures Two more U.S. banks were taken over by the government overnight. And while a number of this country’s biggest banks reported improving conditions this week, some of their accounting methods have been questioned. One place where none of this banking drama […]
MoreGuess What? That Whole “Limit on Executive Pay” Thingy in Bailout is Bunk
Executive Pay Limits May Prove Toothless Loophole in Bailout Provision Leaves Enforcement in Doubt By Amit R. Paley Washington Post Staff Writer Monday, December 15, 2008; A01 Congress wanted to guarantee that the $700 billion financial bailout would limit the eye-popping pay of Wall Street executives, so lawmakers included a mechanism for reviewing executive compensation […]
More
::Tullycast:: 