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Category Archives: Economics
Covering The Watchdogs
Dean Starkman writes: The business press has written about the mortgage crisis as a predatory-lender problem, a naïve borrower problem, a compromised rating-agency problem, an irresponsible debt-buyer problem, and, first and foremost, a problem manufactured on Wall Street, which fueled … Continue reading
Posted in Economics
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Subprime Mortgage Crisis Predicted By Three Academica In 2004
On December 18, 2007, Jonathan Chevreau writes for the National Post: A group of three finance academics foresaw the looming U.S. subprime mortgage crisis at least three years before the problems started to become public early in 2007. Go … Continue reading
Posted in Economics
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You Can Earn A Living Blogging
I’ve done it for more than a decade. Yes, most of that time, I made most of my money writing about the porn industry, but now I’m determined to make a clean living online. You can too if you’re smart … Continue reading
Posted in Economics
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Powell’s turns the page
From the LAT: …The company started selling books online in 1994 — before Amazon — and ships millions of dollars of books, about 90% of them outside the Pacific Northwest, each year. (The company, privately held, does not release its … Continue reading
Posted in Economics
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Which LA Banks Will Go Bankrupt?
The housing crisis/implosion is starting to come off the rails. Lots of local banks are holding loans against said houses, and those loans are starting to have all the credit quality of a loan to a third world country. The … Continue reading
Posted in Economics
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