Blockbuster is finally filing for bankruptcy, sometime next month. Friggin’ finally. Their failboat has been trying to dock for well over a year now. We’ve posted about this stupid company’s looming bk so many times now that if we had a nickel for each one, we could have bailed them out by now. C’mon, Blockbuster. [...]
Entries Tagged as 'fail'
HELOC? HELNO.
August 23rd, 2010 · 5 Comments · fail
From NYT, shocking, shocking news: you may have to stop looking at your house as a guaranteed cash cow. “There is no iron law that real estate must appreciate,” said Stan Humphries, chief economist for the real estate site Zillow. “All those theories advanced during the boom about why housing is special — that more [...]
More on this topic
(What's this?)
Best Investments During Inflation
(market folly, 8/10/10)
HOME PRICES ARE STILL TOO HIGH
(THE PRAGMATIC CAPITALIST, 8/24/10)
Marc Faber: Massive Inflation and then War
(Expected Returns, 7/14/10)
Tags:
Extreme Foreclosure On The Mansion Behind The Futon Factory
August 11th, 2010 · 4 Comments · fail
ABC’s “Extreme Makeover” – part of that endless procession of reality television that changes people’s lives for the better just long enough to get the ratings to come in – is also a great example of the excesses of the housing crisis, since it plopped people down square in the middle of gigantic homes that, [...]
More on this topic
(What's this?)
Shadow Housing Inventory: Two Houses for Every One for Sale
(naked capitalism, 7/15/10)
Could Millions of Homes Be Foreclosure Proof?
(naked capitalism, 8/20/10)
How To Find And Buy Cheap Farmland
(Learn Mining News, 7/21/10)
Tags:
ShoreBank Is Finally Dry Docked
August 10th, 2010 · 2 Comments · all ur bankz, fail
Bailout opponents alike can toast to this one — Chicago’s politically well-connected ShoreBank should start packing its bags, as it’s about to take a one-way trip on the failboat, per Charlie Gasparino: FOX Business Network has learned that banking regulators have informed officials at ShoreBank that the company is heading for the Federal Deposit Insurance [...]
More on this topic
(What's this?)
How (Mis)Use of Client Assets Pumped Up Shadow Banking System
(naked capitalism, 8/13/10)
Are Bank Stocks Such a Good Buy?
(naked capitalism, 8/17/10)
YOUR TEXTBOOKS LIED TO YOU – THE MONEY MULTIPLIER IS A MYTH
(THE PRAGMATIC CAPITALIST, 8/11/10)
Tags:
$GS Misses The Point
July 29th, 2010 · No Comments · all ur bankz, fail, goldman sachs
Let’s say, for the sake of argument, that you and I had devised a deal that would make us a lot of money at the expense of someone else. We would, of course, never do such a thing, but let us pretend. This being the 21st century, we would, naturally, communicate about this deal via [...]
More on this topic
(What's this?)
Richard Russell: “A hard rain lies ahead”
(Investment Postcards from Cape Town, 7/21/10)
How to Front-run the Chinese, Legally
(Wealth Daily, 7/21/10)
Europe’s uncertain century
(Investoralist, 6/23/10)
Tags:
