There’s No Superhero in the Wings
But we still can’t tally the losses for which these engineering geniuses are responsible. “No one knows how big the challenges in the financial sector are,” Mr. Kasriel said. “What I do know is that we have never had a more highly leveraged economy than we have today. We have never had a more highly leveraged household sector and we have never had a more highly leveraged housing sector than we have today.”
Real Estate Newsletter Articles this Week: Case-Shiller: National House
Price Index Up 2.3% year-over-year in May
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At the Calculated Risk Real Estate Newsletter this week:
[image: Case-Shiller House Prices Indices]*Click on graph for larger image.*
• Case-Shiller: Natio...
15 hours ago
2 comments:
But we still can’t tally the losses for which these engineering geniuses are responsible.
LOL I love that line.
Kevin
When Genius Failed: The Rise and Fall of Long-Term Capital Management
The next book in the series?
When Geniuses Failed: The Rise and Fall of Long-Term Capital Mismanagement
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