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Articles of Interest

Easy Loans

Easy loans mean a hard landing later. There's some talk in the article about the real estate bubble, but more importantly, the way banks are giving loans out to people is likely to create some problems when rates eventually get higher. Comments? (2)

New GM Deal

GM shifts from rebates to price cuts. Remember when GM began offering their Employee Discount for Everyone deal? More car makers followed suit soon after. Now GM is forced to change its strategy by cutting prices and offering improved warranties. These deals will affect the 2006 models; details about another program for moving 2005 inventory out will be released tomorrow.

The New York Times published this news as well. Comments? (2)

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