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November 2026 S M T W T F S 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 Archives
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George Soros: ongoing risk of Greek Debt `Death Spiral'
George Soros speaking today about Greece's debt crisis and the prospect of further tensions in the euro region.
Watch the 1 hour Bloomberg interview here.
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Elizabeth Warren "Let's sober up" on housing
Elizabeth Warren urging that we get realistic about expecations for loan modifications:
* 1 in 4 homeowners is underwater on their mortgages.
* For every 1 homeowner who got a loan modification last year, 10 lost their homes.
* We will not be able to save every homeowner; we are through the sub-prime we are into the prime mortgages now
* Lenders need to take cents on the dollar to get people into workable loans
* Even those who are able to modify their mortgages, 60% have a bunch of other consumer loans to juggle.
Watch the clip on Bloomberg here.
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