Wednesday, October 1, 2008

September Madness



Hat tip to Barry Ritholtz

2 comments:

db said...

Here's an interesting perspective from a well-run bank (BB&T) president:
http://media.gatewaync.com/wsj/pdfs/2008/09/allison.pdf

Also, a good article in the Times Business section on Monday, about a radio producer who did a show on the subprime mess. To quote: "If no one saw this coming, they were not looking." You can find the whole show online. One of the subprime mortgage brokers describes the operation he worked for as a scene straight out of Boiler Room.

DaveinHackensack said...

Thanks, DB. I'll think I'll post the Herb Allen letter separately.