The Position Makers

the money gardener tips us that Bank of America (BAC) is going to keep the dividend policy in place, baring any further unforseen developments–which could very well happen if this happens.  (specifically, if “prime” borrows start to default due to similarly ballooning mortgage payments).
at 6%+ yield, BAC should be pretty attractive, especially since the housing […]

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“History Repeats Itself”
Can we all agree on that statement? If so, then there WILL be another recession at some point in time. It is usually not something that happens over night, but there has been warning of this for some time now. Real estate prices dropping, the sub-prime mortgage fallout, more credit card debt and […]

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jesus, i don’t put that down lightly.
trolling through the blogosphere this afternoon, i came across an amazing post on the current subprime fallout. what’s really interesting about this post is it’s more about the lending industry in general. and, much, much more important, is that we’ve not seen the bottom yet–not nearly.

check it!
what’r […]

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