Monthly Archives: November 2008

America came out in record numbers last night to choose their new leader. It was a sight that inspired hope. Whatever your politics, to see so many people from all walks of life come out to claim a stake in … Continue reading →

Some readers have expressed surprise at my endorsement of the JP Morgan plan to re-work some of their existing mortgage terms with distressed homeowners. For the record. I am not saying anything about the government bailing out homeowners here. I … Continue reading →

For many months I have said that the banks will have to admit where they over-lent, write off some principal and start working with homeowners to keep as many as possible in their homes. Friday we got some encouraging news … Continue reading →