Entries tagged "Barry Ritholtz"
The debate over the Community Reinvestment Act's role in the credit crisis continues in the blogosphere as Barry Ritholtz challenges opponents to a real debate not via blogs.
Fingers are pointing at the Community Reinvestment Act as the main culprit for the credit crisis, even though this tired meme has been debunked over and over again.
The pundits speculate that the Obama administration's willingness to intervene in Chrysler's affairs indicate it may still nationalize banks.
The heads of the Big Three are again on their way to Washington to ask for bailout money, and financial and political bloggers are offering their opinions. US News & World Report's business blog Flow Chart lists the seven worst ideas on how to rescue Detroit. Deal Journal's Heidi Moore questions Ford Motor Co.'s CEO Alan Mullaly's sincerity about his company's restructuring plan, noting that the provision to possibly sell Volvo is in fact nothing new having been the industry's worst-kept secret since July. So what's another $25 billion or even $50 billion to save Detroit anyway, when the...
