Developing Affordable Housing Ecosystems World Wide
[Continued from yesterday's Part 1.]
By: David A. Smith
[A full year's Month in Review available here: Dec 09, Nov 09, Oct 09, Sep 09, Aug 09, Jul 09, Jun 09, May 09, April 09, Mar 09, Feb 09, Jan 09.]
In January, aside from one little post about the invisible delights of apartment living (It’s what you [...]
By: David A. Smith
[A full year's Month in Review available here: Dec 09, Nov 09, Oct 09, Sep 09, Aug 09, Jul 09, Jun 09, May 09, April 09, Mar 09, Feb 09, Jan 09.]
A blog is pointillist – sparkly bits of insight (we hope) collected by the roving eye of an intellectual crow. Yet [...]
By: David A. Smith
[Continued from yesterday's Part 1.]
When the court adjourned yesterday, I was representing my client Rumpelstiltskin, doing business as Uncle Sam’s Club financing,
“You pays your money and you gets your loan.”
Mr. Stiltskin is single-handedly keeping the American financing system flowing with liquidity, and –
[Your Honor, must I listen to these public-gallery outbursts [...]
By: David A. Smith
If it please the court –
Comes now my client, your honor, the United States government, affectionately known as Rumpelstiltskin – who having rendered a valuable, nay an essential, service to the fair maiden investment banks and her father the banking industry, is now being both cheated of the compensation which he demanded [...]
[Continued from yesterday's Part 1.]
Some weeks back, the first banks not only repaid their TARP advances (some of which they took under intense pressure to accede) but also bought back their warrants, for cash. You’d think that seeing banks get out of hock and giving our deficit-ballooning government free cash would be a good thing, [...]
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