ultraswank

19 ms·

1. 1.▲
   by ultraswank 14y ago

   Or the big boogy man from the crisis, credit default swaps. They're complex financial basically insurance that you can take out on any asset, even one you don't own. Many institutions saw the chance of these securitized mortgage assets fa
2. 2.▲
   by ultraswank 14y ago

   There were people who were posting their stuff on the internet. http://www.calculatedriskblog.com/ was a great resource before the crisis documenting how far off the rails the mortgage business had gone. I wouldn't say it went viral, bu
3. 3.▲
   by ultraswank 14y ago

   Although one big problem with COBRA is that if you go work for a start up and it fails you're ineligible, there's no one left for you to buy insurance from. That happened to me a few years ago and if the timing had been slightly different
4. 4.▲
   by ultraswank 14y ago

   I've been hearing a lot of anecdotal evidence lately that the costs of private health insurance are stopping people, especially those with kids, from making the leap into their own start ups. Is anyone else getting that same impression?
5. 5.▲
   by ultraswank 14y ago

   I moved to The Mission in 1996 So I'm likely included in the internet crowd that ruined the city. I loved living there, but I when I visit now its not the lack of artists that I notice, its the (relative) lack of crack addicts. Lets not l