Liquidity Looked in the Mirror but Insolvency Stared Back

It is basically for people who are interested in litigation over the subprime and credit mess.

Look at some of the topics:

Look inside the mortgage industry, its underwriting, risk analysis procedures and loan approval technology...Get up-to-date on who is suing whom and the status of the recent wave of securities complaints ... Learn the key elements necessary for proving or disproving fraud and negligent misrepresentation ... Find out what to look for when it comes to disclosures, disclaimers and limitations on standing ... Learn the role played by rating agencies, insurers and the feds ... Acquire the skills necessary to successfully prosecute or defend mortgage-backed securities suits.

This is going to take years to sort through.

I wrote in late 2006 that the housing and subprime crisis was going to result in massive litigation. read more