Eating the Seed Corn
I haven’t even read this article yet. But, from the description, the immediate commentary that comes to mind is ”eating the seed corn”.
Corporate-Cash Umbrellas: Too Big?
Many big companies are being too cautious with their cash. Meanwhile, shareholders could use some of it to make it through the recession.
Seeing Greed in San Jose
Last night I said that homebuyers were more likely to be greedy than lenders. I haven’t changed my mind yet. Instead, I read a story that convinced me even more.
The New York Times describes a couple who bought ”a modest home at the southern end of Silicon Valley”. Now they’re suing their broker and real …
Who Was Greedy?
I find the current narrative, about the housing market meltdown, to be extremely disingenuous. Take Barack Obama, for example.
He described this summer’s subprime lending crisis as a case study of greed among mortgage lenders and the agencies that provide information about them. …
Well, that’s certainly one way to describe what’s happening in the …