The Money Code Blog
Kalinda Rose Stevenson, Ph.D.  

Banking Crisis: Why The Banks Went Broke Making Money From Mortgage Loans

Wednesday, November 4th, 2009

Welcome back!The banking crisis raises many questions. 
Do you wonder how banks that claimed to hold billions of dollars in real estate mortgage assets could go broke? 
And most importantly, how did a banking crisis involving mortgages turn into a global financial crisis that affects all of us? 

Tags: bank crisis, banking, Banking crisis, economic crisis, financial crisis, [...]

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“When The Government Gets Into The Banking Business”

Tuesday, October 14th, 2008

In response to the global credit crisis, governments are buying ownership in banks. Often, we don’t recognize significant moments when they happen. We don’t see the events that change things forever. But the economic events of the last few days are a clear sign of enormous systemic changes that are underway around the world.
For weeks, [...]

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