Propping Up The Giants
When the two US mortgage heavywieghts Freddie Mac and Fannie Mae went under, the major…More
Tagged: sub-prime
Down and Out in Santa Barbara
After 24 hours in transit, we landed in Los Angeles last week just as Bush…More
From Bad Loans to Bailout
The US financial crisis rolls on. On Wednesday night, President George W. Bush gave a…More
The Great Australian Nightmare
This country has always had lots of space. What contemporary Australia never has enough of…More
An Early Lent
As we are now learning, it’s all too easy to get into trouble in the…More
A Sub-Prime Morality Play
Global financial markets went pear-shaped last week. They do that from time to time. The…More