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I’m concerned about the growing number of prime borrowers who are delinquent on their mortgages. According to Wall Street traders and pundits, we still have a decent chance seeing a double bottom on the S&P 500. If the short term economic outlook involves anything resembling the phrase “prime mortgage …
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I realize that most people are probably tired of discussing how Wall Street’s greed cannibalized their own pro-capitalist business model, but when one of the most articulate Wall Street insiders decides to speak out, it’s probably in your best interest to listen.
CNN’s Fareed Zakaria interviewed Michael Lewis, author of one of the …