Friday, August 7, 2009
Thursday, August 6, 2009
Thursday, July 30, 2009
Saturday, July 25, 2009
News from 1930
News from 1930
check out this site: it's a guy who gives you a day-by-day summary of the Wall Street Journal from today's date in 1930.
check out this site: it's a guy who gives you a day-by-day summary of the Wall Street Journal from today's date in 1930.
Thursday, July 23, 2009
Nice Catch
Mark Buehrle pitched the first perfect game in the major leagues in 5 years, but he needed this catch from Dewayne Wise in the 9th inning to make it possible.
Sunday, July 19, 2009
Friday, July 17, 2009
Monday, July 13, 2009
Whitney Tilson: Why There Is More Pain To Come
Whitney Tilson: Why There Is More Pain To Come
According to one of the statistics in this presentation, 29% of all new car sales in California in 2007 were financed using Home Equity Lines of Credit. The same figure was about 20% in Florida in 2007. So, with these artificially-boosted car sales, how did the car companies still manage to go bankrupt? And how could they possibly keep up the same rate of sales during the housing crash, when HELOCs are no longer so easily obtained?
According to one of the statistics in this presentation, 29% of all new car sales in California in 2007 were financed using Home Equity Lines of Credit. The same figure was about 20% in Florida in 2007. So, with these artificially-boosted car sales, how did the car companies still manage to go bankrupt? And how could they possibly keep up the same rate of sales during the housing crash, when HELOCs are no longer so easily obtained?
Friday, July 10, 2009
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