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August 13, 2007
The Mortgage and Hedge Fund Implode-o-Meters
Wish I had thought of this first, but here are the live mortgage and hedge fund implode-o-meters. Clever stuff.[via FT]
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Not really funny and definitely not very clever...
The product of people that can't be hired by StarBucks... me thinks.
A bit late to the game on this one. Those of us actually watching the housing bubble have known about this and the whole subprime mess for a while now.
People like alpha24seven may not like it, but it puts the current situation and consequences of our ez-credit fueled economy in instant focus. People would do well to pay attention.
Best part is the ads for 1% payment mortgages at the top of the page.