My Manhattan Project: How I helped build the bomb that blew up Wall Street. [print version]
posted by blasdelf on Mar 30, 2009 - 34 comments

Jonathan Koppell and William Goetzmann on why Congress should let Wall Street hang for a bit and use the $700 billion to directly refinance homowners' bad mortgages. Fire away, mefites! [more inside]
posted by puckish on Oct 1, 2008 - 84 comments

Minsky Meltdown ahead? Named after Hyman Minsky, an economist who was known for his research concerning financial crises, specifically asset bubbles based on credit cycles. [much more inside]
posted by umop-apisdn on Aug 29, 2007 - 75 comments

What's the link between:
1) the quickly-growing number of American homeowners becoming unable to pay their mortgages after their ARM's reset (a trend nicknamed "ARMageddon" -- applicable in the UK too), which is translating into soaring foreclosure rates, and in turn forcing at least 60 US semi-shady mortgage brokers to go belly-up in the past year (i.e. the "subprime meltdown"), and...
2) the recent implosion and impending financial bailout -- which may become the biggest since the Long Term Capital Management fiasco of 1998 -- of two Bear Stearns hedge funds which dealt in mortgage securities? [more inside]
posted by Asparagirl on Jul 11, 2007 - 123 comments