Showing posts with label Fixing the economy. Show all posts
Showing posts with label Fixing the economy. Show all posts

Sunday, October 31, 2010

Let's talk about a Bank Holiday

Bank examiners swarm into the banks, starting with the big ones.  The 10 largest ones are all examined over the weekend.  MBS and other instruments, including HELOCs, are all marked to the market at today's prices.