Anatomy Of The Housing Crisis

With Oprah signing off this afternoon, perhaps it is time that this blog replaces her immensely popular book club. I just finished reading " The Big Short ," written by Michael Lewis (author of many notable books including " Liar's Poker " about his time as a bond trader...

End of (An) Empire (In) Nevada

You can now count Empire, Nevada as one of the unintended victims of the housing crisis. Yes, that's right, the whole town is gone. Unlike cities like Youngstown, Ohio (" Sweet Jenny I'm Sinking Down . . . Here Darlin' In Youngstown "), however, Empire is not shutting down because...