I should know better than to pay attention to the evening news on teevee. It just ticks me off. Not because I can’t handle the news, but because of the way that it’s slanted.
|By: joe shikspack Saturday January 11, 2014 7:01 pm|
|By: David Dayen Friday December 21, 2012 8:16 am|
More than half of the loans Glenn Hubbard “studied” came from lenders being sued by other entities for fraud in their underwriting process.
It’s pretty incredible that Hubbard, an academic, thought he could throw this fastball by lawyers involved in MBS litigation for years and years. And it’s almost a shock that Countrywide got so little for their money.
|By: Eric Laursen Saturday October 9, 2010 4:15 pm|
Charles Ferguson has made a documentary that must be seen if you want to understand why the same people who let the housing bubble and the 2008 financial meltdown happen are still in charge. But if you can’t go out and see Inside Job right away (it opened in New York and Los Angeles Friday), read Ferguson’s article, “Larry Summers and the Subversion of Economics,” summarizing his case in the Chronicle of Higher Education.