financial reality

Separating fact from fiction in finance and economics


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  • InLibrisLibertas
    Location : Mill Valley, California, United States

    I'm an independent investor. I make my living from the returns on my investments. I work at home, in the northern part of the San Francisco Bay area, or on my boat which I keep in the British Virgin Islands. I spent most of my career as an executive in high-tech, although I also spent time in banking. Down to one kid in university now!

Subprime Collapse

February 13th, 2007 by reality

Limited internet access, trying to take a vacation from the markets but couldn’t resist a peek. Looks like the ABX indexes are completely tanking, Fremont is eliminating the 80/20s and all seconds, NEW is restating because of high buybacks, etc. But the share markets seem not to care. Ah well. Patience, grasshopper.

Posted in Real Estate |

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