ARCHIVED BLOG POSTS
Listening to the broadcasters on some of the Business Networks, from Squawk Box (U.S. and Europe) to Fox Business, it is clear that the economic crisis facing California and its residents is either completely misunderstood or being ignored. Statistically, if California were a separate country (wh...
As I see it, with the possible Bankruptcy filng by CIT Group the commercial lending market is going to freeze up even tighter. CIT had 17% of the $14 Trillion commercial lending market, and over 1 Million small business borrowers. Only BofA, WFB, and Chase will remain in the domestic market. G...