Sunday , November 24 2024
Home / Mike Norman Economics / Matt Taibbi — The Bailout Miscalculation That Could Crash the Economy

Matt Taibbi — The Bailout Miscalculation That Could Crash the Economy

Summary:
A plan to help homeowners avoid foreclosure was good, in principle. In practice, it’s pushed the mortgage business toward yet another potential nightmare Another swindle from the industry, repeating previous bad behavior in a diffeernt key.Matt TaibbiThe Bailout Miscalculation That Could Crash the Economy

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Matias Vernengo writes Elon Musk (& Vivek Ramaswamy) on hardship, because he knows so much about it

Lars Pålsson Syll writes Klas Eklunds ‘Vår ekonomi’ — lärobok med stora brister

New Economics Foundation writes We need more than a tax on the super rich to deliver climate and economic justice

Robert Vienneau writes Profits Not Explained By Merit, Increased Risk, Increased Ability To Compete, Etc.

A plan to help homeowners avoid foreclosure was good, in principle. In practice, it’s pushed the mortgage business toward yet another potential nightmare
Another swindle from the industry, repeating previous bad behavior in a diffeernt key.

Matt Taibbi
The Bailout Miscalculation That Could Crash the Economy

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *