Financial Waves

"I believe the country faces a critical crossroad and that the decisions that are made or not made within the next 10 years or so will have a profound effect on the future of our country, our children and our grandchildren. The problem gets bigger every day, and the tidal wave gets closer every day." - David Walker, comptroller general Aug. 2005

Wednesday, November 07, 2007

The Headlines Get Uglier!

Markets Fear Banks Have $1 Trillion in Toxic Debt

'The Worst Crisis in 30 Years'

Beazer, Hovnarian Cancellations Up - Pink Slips Galore

Bill Gross: Fed Can't Afford to Let Housing Crack

Borrowers Face Dubious Charges in Foreclosures

BW: The Persistent Credit Crunch
Posted by Alex Mitonidis, BComm, CFP at 8:03 AM
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      • Lies, Dam Lies, and Government Statistics!
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      • The Bearish Financial Advisor
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      • The Headlines Get Uglier!
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