Barry Ritholtz

Here’s a huge pat on the back and a show of support for Barry Ritholtz, who truly has had it with those who keep clinging to the widely discredited belief that the Community Reinvestment Act caused the housing crisis. Ritholtz writes at The Big Picture that he’s offering a debate challenge, with a prize of [...]

At The Big Picture, Barry Ritholtz spares few words regarding his view of voluntary foreclosure freezes. Ritholtz says he never thought much of the idea in the first place, and he dismisses other “gimmicks” by banks to temporarily avoid foreclosures. Now that foreclosures are on the increase, he says, it proves his point that eventually, [...]

Mortgage lenders aren’t selling subprime loans much anymore, but apparently the credit rating agencies that certified them as safe and profitable investments are back at it, this time killing a book critical of, well, a ratings agency.
The tale comes from Barry Ritholtz at The Big Picture, who had a contract with publisher McGraw Hill, which [...]