3
POPSAmerica risks the fate of Rome The writer is comptroller general of the United States and head of the US Government Accountability Office I wish I had a better feeling about a "credible champion" emerging from the existing political morass.
3
POPSFed’s efforts to calm markets not over basically, what they are saying is that as the market wakes up to the poor lending of the last 10 years, the fed can basically only provide short-term liquidity, but cannot do anything about fundamental insolvency of the counterparties involved in the large-scale mortgage-bond markets.