Friday, January 26, 2007

Tremors at the Door / nyt on subprime

the full article (headline) from the nyt paints a tame pciture of whats really going on. i think this from fleckenstein, russ winter, itulip and aaron is much more accurate.

here is washington mutual as an example how bad the situation even with some of the bigger banks is

der artikel (überschrift klicken) zeigt nur einen "geschönten" blick was wirklich gerade stattfindet. denke das iht mit den o.g. links ein besseres bild bekommt.




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