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Hat tip: Barry Ritholtz’s The Big Picture


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The credit mess: And so it began

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This post includes a fascinating reminder from The New York Times of September 30, 1999 on how the whole credit mess began. […]

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Poll Results: Will the US Bailout Plan Work?

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This post reports on the results of a snap poll on the issue of whether the US bailout plan will work. The results suggest a great deal of scepticism regarding the rescue package and, possibly, the realization that the financial turmoil is foreshadowing a hard landing for the US and European economies. […]

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