The Open Market Blog

• By: Hans Bader
• 02/06/2008

A lot of subprime mortgage loans are defaulting.  A big reason why is that, to avoid discrimination charges, lenders gutted their traditional lending standards in order…

• By: Hans Bader
• 02/04/2008

Ignorance can lead to unjustified anger. Congressional leaders are mad at the Supreme Court for enforcing a 180-day deadline for filing discrimination claims in the…

• By: Hans Bader
• 02/03/2008

USA Today has a story today about how public employees are much better compensated than people in the private sector, with an average compensation…

• By: Hans Bader
• 02/01/2008

Insurers of municipal bonds got tired of their sleepy little domain and decided to try and make a quick buck by insuring subprime mortgage securities…

• By: Hans Bader
• 01/31/2008

Altria, the parent company of cigarette-maker Philip Morris, is shutting down its headquarters in New York City and will no longer employ the “vast…

• By: Hans Bader
• 01/30/2008

Last night, ABC News lavished sympathy on a North Carolina couple whose mortgage payments had risen to just over $2,000 a month, owing to the…