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June 24, 2008. Baby Boomers Face Massive Loss of Retirement Wealth Due to Housing Market Meltdown. Plummeting house prices will leave millions of homeowners dependent on Social Security in their retirement.
Burry earned millions during the U.S. housing and credit meltdown that led to the 2007-2008 global financial crisis. He was one of the first people to predict the bubble burst and is believed to have scored a personal profit of $100 million and nearly …
You might think after a year and 700 interviews, 10 smart people could give a straight answer on where $11 trillion went. America is not so lucky. The Financ…
I don't think a student loan payoff would have been in the works for a housing price collapse, but I get your point. Besides, a “bailout” of homeowners wasn't needed. The fed should have bought bad mortgage debt for $0.40 on …
–Gary B. Gorton, Professor of Management and Finance, Yale School of Management (lifted from Repowatch). Subprime mortgages did not cause the financial crisis, nor did the housing bubble or Lehman Brothers.
Subprime mortgages did not cause the financial crisis, nor did the housing bubble or Lehman Brothers. The financial crisis originated in a corner of the shadow banking system called the repo market. That's where the bank run occurred that froze the …
–Gary B. Gorton, Professor of Management and Finance, Yale School of Management (lifted from Repowatch). Subprime mortgages did not cause the financial crisis, nor did the housing bubble or Lehman Brothers. The financial crisis originated in a corner …
Gary B. Gorton, Professor of Management and Finance, Yale School of Management (lifted from Repowatch). Subprime mortgages did not cause the financial crisis, nor did the housing bubble or Lehman Brothers. The financial crisis originated in a corner of …