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.”
1st Look at Local Housing Markets in March
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Today, in the Calculated Risk Real Estate Newsletter: 1st Look at Local
Housing Markets in March
A brief excerpt:
This is the first look at several early...
3 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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