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Posts Tagged ‘eWallstreeter’

Are Student Loans an Impending Bubble? Is Higher Education a Scam?

Posted by Larry Doyle on April 26th, 2011 9:00 AM |

What did we experience in the sub-prime housing debacle?

1. Shoddy underwriting standards for borrowers.
2. A massively flawed system promoted and perpetuated by the Wall Street securitization business.
3. Borrowers overleveraged leading to skyrocketing rates of foreclosures and defaults.
4. A mentality that housing finance could promote a real social benefit and a profitable enterprise.
5. A government backstop and ultimate bailout for investors.
6. An ultimate fiasco for our society as a whole.

Have we learned our lessons from the sub-prime housing nightmare? Could we possibly be going down the same path in another segment of our economy? Yesterday a reader inquired if I had addressed the potential impending fiasco in student loans. This morning I discussed the cost of higher education with my better half. Will our economy be able to generate both the jobs and income levels for students to manage their increasing levels of indebtedness? (more…)

Sense on Cents Endorses eWallStreeter

Posted by Larry Doyle on August 28th, 2010 8:15 AM |

News happens fast and travels faster. Markets react accordingly. Print media is unable to keep pace with the blogosphere in capturing, deciphering, and distributing market moving news and information. This reality does not mean that the blogosphere is not filled with much disinformation, if not worse. What is one to do? Where is one supposed to turn? I am happy to inform readers of Sense on Cents that when I want to know what is happening on Wall Street, I turn to one site to get the quickest and most comprehensive recap of breaking news. Which site might this be? eWallstreeter. (more…)

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