Paradoxes Now, Paradoxes Then

For me the most intersting thing about the latest news on the real estate front is that there just isn’t anyway anyone could find to spin this as less than positive news.  As news on the real estate front nationally continues to be described as anemic at best, locally real estate prices have gone . . . → Read More: Paradoxes Now, Paradoxes Then

Ownership and Governance of Critical Financial Infrastructure

SEBI has released the Bimal Jalan committee report about the ownership and governance of critical financial infrastructure. We’re going to need a similar report on the questions about entry into banking also.

On High Risk Investments

So in reading the WDUQ snippet on the otherwise boring and esoteric machinations of public finance: 2 Votes move Bond Plan Forward, is a awfully important factoid.  In it there is a mention of the size and scale of the ‘illiquid assets’ held by the City of Pittsburgh combined municipal pension fund.  The line . . . → Read More: On High Risk Investments

Economic Events on November 24, 2010

The Mortgage Bankers’ Association purchase index was released at 7:00 AM EST, and there was a week to week increase of 14.4% in the Purchase Index and a week to week decrease of 1.0% in the Refinance Index as interest rates continued to rise from near record lows.

At 8:30 AM EST, the U.S. . . . → Read More: Economic Events on November 24, 2010