October 4th, 2008

Terminology of the Bailout »

It seems that every significant event in history leads to a new vocabulary - new words or, old words and phrases used in new ways. The last year has been illustrative as writers and commentators struggle to find words or phrases to describe unique situations related to the housing and credit crises. Here are ten of my favorite

Now the Fun Begins: Impossible Conflicts? »

As most expected, the bailout provision did pass and is now law. And now the fun begins as our government is about to engage in an outsourcing binge with a $700 billion kitty. The stated intention of the Treasury Department is to employ a small internal staff (about two dozen people) to orchestrate and oversee the purchase of mortgages and