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  • > Interesting links I've found lately

Paper: Nearly One-Third Of All Mortgages Are Underwater

Posted On Monday, 17 Aug 2009 By David Westerfield. Under Economics  Tags: Economics, Foreclosure, mortgage, One-Third, underwater  
Brace for a Wave of Foreclosures, the Dam is About to Break - (Archive) Nearly One-Third Of All Mortgages Are Underwater (PDF) - (Archive) Is This the Start of the Big One? - (Archive) Apparently, we have not yet come to the end of the foreclosure mayhem, and therefore, the stress on banks, ... Read More
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How Did the Economic House of Cards Fall? (MP3′s)

Posted On Tuesday, 17 Feb 2009 By David Westerfield. Under Audio, Business, Economics, Events, History, Reviews  Tags: another frightening show about the economy, Audio, bad bank, default swap, Economic Crisis, economy, giant pool of money, Journalism, market crisis, mortgage, MP3, scenes from a recession, subprime loan, subprime mortgage, the watchmen, this american life  
These two three four five six radio programs on This American Life do an excellent job of giving an on-the-street perspective from the Wall Street investors to the lenders all the way down to the individual home-buyers and finally the results of the recession in everyday life. In addition, there ... Read More
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    AboutA sinner, adopted by the Father, made right with God by Christ's righteousness, reconciled through Christ's precious blood shed on the cross, saved in His time by the Holy Spirit, granted life in His resurrection by His loving choice; a husband, father, bass player, IT nerd, saved by grace alone.
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