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TOPIC | Asset-Price Bubbles


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Panel finds financial crisis was avoidable Updated: Thu, Jan 27, 2011 WASHINGTON — The government-appointed panel investigating the roots of the financial crisis says the meltdown occurred because government officials and Wall Street executives ignored warning signs and failed to manage risks. The crisis could have been avoided, the Financial Crisis Inquiry Commission determined... Read More
New Mortgage Foreclosures Set Record Updated: Thu, Sep 6, 2007 WASHINGTON (AP) -- The number of homeowners receiving foreclosure notices hit a record high in the spring, driven up by problems with subprime mortgages. The Mortgage Bankers Association reported Thursday that mortgage-holders starting the foreclosure process in the April-June quarter reached 0.65... Read More
Fun's over for lofty market Updated: Sun, Jul 30, 2000 Afew weeks back I got an unwanted jolt when I drove down from the Colorado mountains and suddenly emerged onto the flat, hot, humid plains. I was shocked. The pleasant vacation was finished. The pine scent, the cool air, the snow-capped peaks -- all behind me. I found myself yearning for the mountains less than a... Read More
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