Yves Smith has an interesting post out asking whether student loans are going the way of subprime, potentially triggering another financial crisis if the US goes into recession. I think it's a good question to ask in light of my last weekly post on risk re-pricing. I want to go into a bit o that now but I have to lead this off with some news about where Credit Writedowns is headed. This is important for Bronze members especially.
What I have decided is that it is too cumbersome to deal with fre...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.