Jeb Bush: Current housing and debt situation unsustainable

Jeb Bush: Current housing and debt situation unsustainable

Is the clock ticking on the 30-year mortgage?

Senate banking committee passes massive regulatory relief bill

Big implications in legislation for housing and mortgage finance

Existing home sales crater in April, falling 3.3%

Spring buying stalls out after strong March performance
W S
Servicing / The Ticker

Lehman Brothers collapse did more good than bad

broken pig
/ Print / Reprints /
| Share More
/ Text Size+

The bankruptcy of Lehman Brothers was a fall heard around the world. But according to analyst Christopher Whalen, it was the best thing that could ever happen to the banking sector. Per CNBC:

The moral of the story of Lehman Brothers is that no amount of regulation can prevent acts of wanton stupidity, fraud, and greed in a free society. Expecting regulators to proactively prevent a financial crisis is at best wishful thinking. In the end, the failure and bankruptcy of Lehman Brothers was the best and only outcome for ending this latest nightmare on Wall Street.

Source: CNBC
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus