Reader Henri Tournyol du Clos calls to my attention a post I wrote back in September on an FT interview with Jean-Pierre Mustier, chief executive of corporate and investment banking at Societe Generale. The FT wrote: Mr Mustier reckons that credit conditions will normalise at around the level they were late in 2004. This means [...]
Graphic by Feilding Cage/Time.com The latest S&P/Case-Shiller Home Price numbers came out yesterday. The headline was bad: The 10-city composite was down 8.4% in the 12 months ending in November, the worst performance in the history of the index, which goes back to January 1987. But real estate is, as they say, local. So Feilding [...]
