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Paulson bets on gold — and yields little so far

0 Comments Published June 23rd, 2009 in News.

After gaining notoriety with his bets against the housing market, hedge fund manager’s gold play has yet to pan out as inflation fears appear to have been held at bay.

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« The Ratings Game: Citi ‘too big to fail’, will hit $12 a share: Bove
Paul B. Farrell: ‘Public Enemies’ run, not rob, our banks »
This blog discusses subprime mortgage problems. Subprime problems began when lenders offered loans to potential home owners with bad credit or credit / income that did not meet the standards of traditional lending. Subprime mortgages for people with bad credit or no credit face an uncertain future. Once the hope of many to enter into home ownership has now been corrupted both by overreaching consumers and predatory lenders. I hope to follow the aftermath of this crisis.

Mortgage Lender Implode-o-Meter






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