Plan B? Plan C?

    I admit to not being a Wall Street guy, but I have always had a pretty good understanding of economics and a practical sense for business. I understand that there is an incredible snowball effect resulting from the fact that there is currently no demand in the market for mortgage-based securities. None. Who wants to buy this stuff today? Only people anticipating a government bailout | Read More »

    Plan B? Plan C?

    I admit to not being a Wall Street guy, but I have always had a pretty good understanding of economics and a practical sense for business. I understand that there is an incredible snowball effect resulting from the fact that there is currently no demand in the market for mortgage-based securities. None. Who wants to buy this stuff today? Only people anticipating a government bailout | Read More »