#toxic asset

[europeanimpact]

THE CAUSES OF THE GREAT RECESSION N.3. THE CONSEQUENCES OF THE GREAT RECESSION IN THE EURO ZONE

THE CAUSES OF THE GREAT RECESSION N.3. THE CONSEQUENCES OF THE #GREATRECESSION IN THE #EUROZONE

This article had been written for Alternativa Europea Blog on my column Wednesday: EUROPEAN IMPACT.

These specials have been written during the elaboration of University papers for the course “The EU Economic Policies” thought by Laszló Andor at the ULB. They follow an academic style.

Between Autumn 2007 and Spring 2008 the system described in the previous article was not sustainable anymore. The…

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[addictinginfo]

Wall Street Have Engineered A Disaster In The Making - Rental Backed Securities

Wall Street Have Engineered A Disaster In The Making – Rental Backed Securities

Photo of run-down building cc Karl Sinfeld. For rent sign added.

You would think banks would have learned their lessons with the financial crisis and resulting toxic mortgage-backed securities. But, they’re at it again, this time with rental properties.

Meet the Rental Backed Security, where it turns investors into landlords without any of the tools, experience, or legal training needed to do so.…

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