Archive for September, 2008

As we’ve seen the major banks start to fall apart or get bought by the government, we’ve been inundated with suggestions, opinions, and infighting between parties and ideologies.
However, what so many are forgetting about is that the crux of the issue regarding house pricing and the worth of derivatives based on home mortgages […]

This could turn out to be a very bad thing. There has been a lot of coverage recently about the money that the Arizona government has “lost” or more appropriately, “not realized” due to the bursting of the housing bubble. As Arizona grew in leaps and bounds, so did the budgets based on […]