Welcome back!The “make money” formula is really very simple, yet some of the biggest banks in the world got it wrong because they left out one essential ingredient. 
What is the formula and what essential element did the failed and bailed out banks leave out? 

Tags: Banking crisis, banks, financial crisis, make money, making money, mortgages, securitization, [...]

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, make [...]