Difference between revisions of "2008-06-25 Money for Nothing"
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− | + | {{page/link|article}} | |
− | + | [[title/short::Money for Nothing]] | |
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− | + | * '''when''': [[when posted::2008-06-25]] | |
− | {{ | + | * '''author''': [[author::James R. Hagerty]] |
− | + | * '''topics''': [[topic::US/economy]] [[topic::2008 mortgage crisis]] | |
+ | * '''link''': [[URL::https://www.wsj.com/articles/SB121435152605601613]] | ||
+ | * '''title''': [[title::Money for Nothing]] | ||
+ | * '''summary''': [[Summary::“The [[Bear Stearns]] people dismissed my questions with ill-concealed contempt. Their computer models told them that home prices wouldn't fall much and that few people would default on their loans, barring another [[Great Depression|Depression]]. .. About the same time, [[Richard Bitner]], the co-owner of a small subprime mortgage bank in Dallas, was coming to a different conclusion. Mr. Bitner wasn't relying on mathematical formulas. He was dealing with actual subprime borrowers...” The article is a review of Bitner's book ''[[Confessions of a Subprime Lender]]''.]] | ||
+ | {{page/link/footer}} |
Latest revision as of 23:21, 18 July 2020
- when: 2008-06-25
- author: James R. Hagerty
- topics: US/economy 2008 mortgage crisis
- link: https://www.wsj.com/articles/SB121435152605601613
- title: Money for Nothing
- summary: “The Bear Stearns people dismissed my questions with ill-concealed contempt. Their computer models told them that home prices wouldn't fall much and that few people would default on their loans, barring another Depression. .. About the same time, Richard Bitner, the co-owner of a small subprime mortgage bank in Dallas, was coming to a different conclusion. Mr. Bitner wasn't relying on mathematical formulas. He was dealing with actual subprime borrowers...” The article is a review of Bitner's book Confessions of a Subprime Lender.