The bubble keeps on deflating
By now everyone knows that reckless and even predatory mortgage lending provoked the financial meltdown. But bad lending did not stop there. The easy money also fed a corporate buyout binge, with private equity firms borrowing huge sums to buy up public companies and pay themselves big dividends. Full Story »
Posted by Kaizar Campwala
Relatively straightforward analysis without comment. A valuable heads up to one of the many big shoes about to drop. See Links. http://dredeyedick.wordpress.com/2008/10/20/economic-collapse-game-changer-for-global-markets/