Coming Up On The One Year Anniversary Of Market Low
February 26, 2010 Leave a comment
What a crazy 2 years. Looking back and seeing so many articles and signs of problems in the credit markets; through September 2008 and the near free fall in the markets. Reaching the low point on March 6th – it seemed like it could keep going down at that point, no one (that I know) knew where the bottom was. Took a while for the whole mortgage-backed security and derivative concepts to make it into the popular stream; here is one that made the rounds, that sums it up nicely.