Slowly, the message spreads
Book review by Toro s Running of the Bulls Blog. I was in the Calgary airport a few weeks ago on my way to the west coast when I wandered into a bookstore and picked up Garth Turner s book Greater Fool, a critique of the current Canadian housing market. A little ironic, I thought, given that the bookstore looked out onto the open rolling hills at the edge of one of Canada s hottest real estate markets, unencumbered by any natural barriers which might put a halt to the ever-expanding buildin
New York Feels the Pinch From Wall Street Downturn (Washington Post)
NEW YORK — Wall Street’s woes are mounting. Investment banks are swamped by bad mortgage debt. Profits have fallen. Tens of thousands of jobs are being cut. And those lucrative year-end bonus checks are likely to be the stingiest in more than a decade.
Freddie Talks The Talk (Forbes)
Bad news piles up for mortgage agency.