from BC - I have a complaint - The NYT accepted ad revenue and ran these ads.  Now they imply the ads were bad.  Isn’t that a bit hypocritical as they accepted advertising revenue, and now criticize?  -  thanks to 3 readers for pointing this article out.  - The Debt Trap Home Equity Frenzy Was a Bank Ad Come True -  LOUISE STORY - An ad in 2002 from Fleet, now a part of Bank of America, asked, “Is your mortgage squeezing your wallet? Squeeze back.” Another Fleet ad said: “The smartest … New York Times  

————

Subprime Litigation: Something Old, Something New? - Kevin LaCroix - … But amidst the repetition, there has also been some innovation, or at least variation, as a result of which the subprime litigation wave has continued to evolve. Two recently filed subprime and credit crisis- related lawsuits demonstrate both of these elements. … - D&O Diary

————

Detroit Houses = $1 - Barry Ritholz - … Today? - There are 182 Properties for sales for less than $1,000 on Realtor.com/search — and the asking price on some of those houses is one dollar   … - <a href="http://bigpicture.typepad.com/comments/2008