From DOW JONES NEWSWIRES Standard & Poor’s said delinquencies of home-related loans climbed in January, with the rate surging in particular from December for home-equity lines of credit and prime-rated jumbo mortgages. The agency released that month’s results for residential mortgage-backed securities created in 2005 through 2007 from the home-equity lines and jumbo mortgages asContinue reading ““Après moi, le déluge””
Author Archives: Quantum Tom
Don’t Panic
This from the Consumerist: At the end of 2008, the FDIC’s insurance fund ratio was 0.40% of all insured deposits, far below the minimum 1.15% mandated by Congress. But, don’t panic. The Chinese still want to lend us money. I’m sorry – what? They’re starting to buy fewer treasuries and more oil futures. Well, that’sContinue reading “Don’t Panic”
“Worst MLS photo ever?”
I have to give credit to the Westside Bubble blog. I LOL’d when I read the title to the post with this photo in it. Believe it or not, just two years ago you would’ve needed a jumbo loan to pick up this Mar Vista bad boy. The quality of the photograph tells us volumesContinue reading ““Worst MLS photo ever?””
Space invaders attack Los Angeles
One could argue that this is the first 8-bit global collective performance art project. It sort of reminds me of the 2007 Boston bomb scare fiasco. But without all that frothy bomb scare aftertaste. Maybe that’s where those Adult Swim guys got this idea. Because Invader started doing this back in 1999. Like MF Doom,Continue reading “Space invaders attack Los Angeles”
Skynet Research
Just noticed this viral campaign for new McG Terminator: Salvation, starring Christian Bale as John Conner. Remember that audio recording Christian Bale goes off on the DP? Yeah, that came from the set of this movie. I for one welcome our new ant overlords!
