Date: June 2nd, 2008

Nothing to see here: Part 1, Failure to report …

2 June, 2008 (09:12) | Capital markets, Governance, Rating agencies, Securitization, US News | No comments

If you can’t report the news on time, the news you eventually report is almost always bad.  I formulated this theory in 1977, and it’s served me well ever since.

It was a time of tight jeans and floppy hair
 
As the subprime mess reaches saturation of troubled borrowers and dissipates into tardy omnibus rescue legislation […]