French Banks Squarely at Risk in Euro Debt Crisis

By: Wednesday September 14, 2011 6:55 am

The big story out of Europe today is not about Greece or Portugal or Italy or any of the PIIGS states. It’s about French banks. To be sure, Greece remains on the brink of default, and European leaders are desperate to manage that. But understand that financing the Greek bailout has everything to do with [...]

The Same Financial Crisis: Stocks Falling Due to Same Mortgage Problems from 2008

By: Thursday August 11, 2011 7:01 am

I guess news outlets are still pushing the line that the S&P debt downgrade is what has driven the stock market volatility over the past week or so. They have to neglect that the market was falling before the downgrade to come up with this rationale, but no matter, I guess. In planet reality, there [...]

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