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Too Big to Fail

Too Big to Fail(0)

November 10, 2008

What does Lehman and Merrill and AIG and Fanny and Freddie have in common?
They all know how to lose money big time.
Some, it seems are too big to fail.
How about you, what size are your debts?
You may be eligible to get propped up like some of these institutions if you are saddled with obligations in [...]

Too Big to Fail

Old timers day

On a sad note, Old timers may have seen better days.
I read an article today that suggested that many Seniors are significantly in debt, and the trend is escalating. Health care and soaring medical bills have forced an increase of 150% in bankruptcy filings since 1991 to 2007 for adults aged 65 and older.  Worse, [...]

Two by Two

Spring markets are supposed to be vibrant and healthy.
Not missing in action.
The media continues to barrage us with daily reminders of just how bad things are.
Unfortunately, I still believe them.
Perhaps most chilling is the latest from Yale economist Robert Shiller.  His take is more bearish than most, but he is well respected and his insights should [...]

Going for a Haircut

Shooting the breeze with my barber once a month while he attends to business, I get a fresh perspective on the state of the economy and local real estate activity.
These days I guess he seems to be more of a psychiatrist then a barber. “Everyone is depressed, complaining they have no money and can’t pay [...]


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