Once again, the subprime wolves are on the prowl

Scary, I am sure this will continue to happen unabated while the taxpayers are taken for a ride. Read more at this link below.

http://www.kxxv.com/Global/Story.asp?S=9392488

Other stuff I’ve been reading lately:

Wholesale Rates and the Evolution of a Crisis by Jack M. Guttentag

http://finance.yahoo.com/expert/article/mortgage/123342?count=30&start=6#dtk-cmtscnt

What's Wrong With Berkshire Hathaway?

http://www.fool.co.uk/news/investing/company-comment/2008/11/21/whats-wrong-with-berkshire-hathaway.aspx

Moody's says alt-A mortgage delinquencies rise

http://www.forbes.com/feeds/ap/2008/11/18/ap5707587.html

New Year U.S. Housing Market Forecast: No Gain, More Pain

http://www.moneymorning.com/2008/11/20/housing-outlook-2009/