Can Housing Recover With Zombie Lenders?; Eisenbeis: Will Our Children Pay?

us1.irabankratings.com — In this issue of The Institutional Risk Analyst, we wonder how a housing recovery can be achieved with the TBTF banks firmly in control of the US mortgage market. And we feature a comment by Bob Eisenbeis, Cumberland Advisor's Vice Chairman and Chief Monetary Economist, asking whether tomorrow's children will really pay those benefits that their parents anticipate today.
Geithner book title suggestion? From @rcwhalen Mutually Assured Destruction: Legacy of Tim Geithner t.co/igJWOvsV
If S&P can't get U.S.lawsuit dismissed, it should bring in Wall Street banks as 3d-party defendants, @rcwhalen says t.co/WJU7V8NB
#zombie #banks are sucking $1 tln out of the economy every year, cannot finance housing recovery @rcwhalen argues t.co/igJWOvsV