Filed under: Debt, Real Estate, Fraud, Recession, Mortgage Confidential

I got this email this day (a good one) from a reader wanting to know who we should hold responsible for the mortgage “crisis.”

Q: David: Can we hold our political leaders responsible for the financial crisis comprising misrepresented mortgage-based financial cars, like CDOs, derivatives, and other mortgage portfolio “packages” or is this so-called crisis just the by-product of a “natural” inclination of the mortgage market to correct itself in accord with principles of supply and demand? In other words, is there a specific group of humans culpable for this crisis?

A: Good question. Here’s my answer.

Continue reading Mortgage Confidential: Who is culpable for the credit crisis?

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Filed under: Utilities, Social Software, web 2.0

We haven’t written much about Dopplr, a social network for travelers, since we talked about its launch last year. If you’re a jetsetter, or even someone who travels a couple of times a year and has a lot of friends, we’d like to direct your attention to the new features in Dopplr’s “Copenhagen” release, which has been out for less than a month. The key improvements include the ability to add trips by e-mail, Twitter and SMS, and the introduction of public profiles.

These new methods of adding trips are a followup to the iCal and Google Calendar support that Dopplr added earlier this year. Now you can either automatically update your Dopplr by updating your calendar, or you can send in your trips in nearly any way you could wish for, short of mental telepathy. Public profiles mean you can show your trips to anybody, not just your Dopplr contacts, and select how much information you want to share. At this point, we’re basically looking for excuses to travel, just so we can use Dopplr.

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