Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
Fanny and Freddie had not led to bubbles -- on their own. But in a prolonged low interest rate environment they ended up holding the bag for an enormous amount of fraudulent credit issuance, all disguised with self regulating lipstick and rouge.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sat Aug 28th, 2010 at 11:25:29 AM EST
[ Parent ]

Others have rated this comment as follows:

Display:

Top Diaries

Impeachment gets real

by ARGeezer - Jan 17
9 comments

A Final Warning

by Oui - Jan 10
97 comments

Environment Anarchists

by Oui - Jan 13
4 comments

More Spanish repression

by IdiotSavant - Jan 6
8 comments

Occasional Series