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“An explosive critique about the investment industry: provocative and well worth reading.”
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Daily Archives: April 27, 2010
BNN appearance Wed April 28 at 8:35 am est
Ms. Park was a guest on BNN Wednesday morning at 8:35 am est. A clip of the segment is available here on the BNN web site.
Housing double dip already underway
This morning the Case Shiller Index for February confirmed that the ongoing decline in home prices in the US is still underway: ““Beginning last November, each report showed gains as fewer cities reported year-over-year declines than in the previous month; … Continue reading
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Housing double dip will question the asset values on bank balance sheets
Meredith Whitney on Goldman Sachs, no recovery on main street, the coming double dip in housing and how it will negatively restate bank balance sheets.