Mega-Banks and the Next Financial Crisis

JAMES FREEMAN – Hedge-fund manager Paul Singer recognized the risks of subprime mortgages and bet against them. Now he warns that monetary policy could cripple American banks again.

At the height of the housing bubble, hedge-fund manager Paul Singer was shorting subprime mortgages. By the spring of 2007, he was warning regulators on both sides of the Atlantic that the world was facing a major financial crisis.

http://online.wsj.com/article/SB10001424052748703899704576204594093772576.html?mod=WSJ_Opinion_LEADTop

Leave a comment

Saturday

March 19th, 2011

Staff Reporter EducationNews.org

Career Index

Plan your career as an educator using our free online datacase of useful information.

View All

On Twitter

As Massachusetts seems to move on from MCAS, PARCC and #CommonCore get attention http://t.co/tAM3jv63T8 #edchat #education #edreform

48 minutes ago

In New Jersey, Urban Hope Act and renaissance schools debate advances http://t.co/yYtUrQIbZt #education #edreform #edchat

2 hours ago

India working hard on #highered reform, will partner with US academics on cooperative exchange http://t.co/Vm22SsVwJS #edchat #ukedchat

3 hours ago

On Facebook

Subscribe

Enter your email to subscribe to daily Education News!

Hot Topics