Follow
____________________________
Monthly Archives: August 2013
The long-term cost of the student loan bubble
The student loan bubble is more dangerous and far-reaching than even the subprime mortgage fiasco. The origins of each have much in common: Bottomless credit equals inflated prices equals more money for colleges and universities, more hidden taxes for the … Continue reading
Posted in Main Page
Comments Off on The long-term cost of the student loan bubble
China’s shadow banking system is sub-prime on steroids
A look at China’s off-the-balance-sheet loans, which are at the heart of the country’s $6 trillion shadow banking industry. Here is a direct video link.
Posted in Main Page
Comments Off on China’s shadow banking system is sub-prime on steroids
SEC extracting admissions of fault in settlement negotiations (at long last)
Hedge fund manager Philip A. Falcone has agreed to admit wrongdoing and to be banned from the securities industry for at least five years to settle market manipulation accusations. As part of the settlement, he and his fund, Harbinger Capital … Continue reading
Posted in Main Page
Comments Off on SEC extracting admissions of fault in settlement negotiations (at long last)
;
