11.22.2008

Sheila Bair scores the Hat Trick!

Nice work, Sheila! The FDIC seized three banks yesterday, including a couple biggies: PFF Bank & Trust and big sleazy mortgage lender Downey Savings & Loan.

Ouch! Sucks to be you if you're a taxpayer!

No comments:

CalPERS Fail

Despite the awesome bull market this year, CalPERS again missed its return target, earning only 5.8% vs. its required 6.8%. CalPERS has mi...