Posts Tagged ‘foreclosures’
S&P, the Fed, IKEA, etc.
This is going to be a quick series of links–it’s a beautiful day out and I want to enjoy the last couple of hours of daylight! (1) Now that stock volatility has returned, it’s time to start monitoring the Brokers With Hands On Their Faces Blog. It’s hilarious. (Hm… the lead photo for today is ...Read more.
Europe Slumming, foreclosure rulings, etc.
(Click on the image above–it is from a very interesting exhibit from 2005.) (1) Europe Slumming It: Last month the LA Times and other outlets reported about IKEA’s factory in Virginia where the company is treating workers in ways that would be unacceptable, and illegal, in Sweden. Workers are pushing back, garnering not much attention ...Read more.
Foreclosure Trouble, etc.
(1) “Foreclosuregate” and the too-big-to-fail banks: The blogosphere is abuzz about the trouble the big banks seem to be in with respect to foreclosures. What’s gotten people going is the scandal that has been called “foreclosuregate” and “the Robo Signing Scandal,” wherein the big banks have evidently falsified or fabricated missing paperwork in order to ...Read more.
Recession Long Over! (?); plus: Thank God for Bailouts!
(1) Recession Ended in June ’09, Declares NBER: The Business Cycle Dating Committee of the National Bureau of Economic Research declared yesterday that the Great Recession (not the term they used) had ended in June of 2009. From the press release: CAMBRIDGE September 20, 2010 – The Business Cycle Dating Committee of the National Bureau ...Read more.
