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In Defense of Meredith Whitney

The bottom in housing and consumer credit is a long way off. When people talk of the bottom it is as if they are expecting a rebound and demand out of nowhere.

The bottom is a murky place where housing, unemployment, and consumer credit will languish for some time.

On PPIP and Geithner's Latest Power Grab (Linkfest)

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Consumer Credit: An International Crisis

Andy,
If you are serious about being a financial writer then you are goin to have to be serious about your subject matter and its content.
For example: the Canadian energy trusts are of overwhelming interest to most of us. What is the politcal climate telling us?
For example: I have been looking at Annaly(NLY). They seem to play on the interest rate differentials in the market. I would like to know exactly what and how they do that.
That is just a couple of items that readers would be grateful for good - GOOD- information.

Stop writing what everyone knows. It looks as though you are auditioning for a job.

Pension Benefit Corporation Rolls the Dice at Exactly the Wrong Time

This Augustus cat must be one of the boyz.

All that Schedlock is saying is that none-NONE-of the people who have administrated this fiasco can be trusted either because of incompetence or fraud(and fraud is too mild of a word in many cases).

Schedlock wants this guy fired and I agree and along with it - how the hell did he get the job in the first place. Manpower can provide better people than this.