Date: October 14th, 2008

What the financial crisis isn’t: Part 1, the situation itself

14 October, 2008 (09:06) | Capital markets, GSEs, Housing, Policy, Subprime, US News | No comments

Abandon all logic, ye who write about the financial crisis
 
So far a lot of nonsense has been written – mostly in the popular rather than professional press – about what the financial crisis is.  In fact, the Panic of 2008 is a global repricing of risk, the hangover from a decade of binge financial risk-taking […]