Everyone is waiting for the February employment numbers tomorrow morning to put an exclamation point behind the story of a recovering economy. Personally, I think the ISM report today already took care of that bit of punctuation. Here is what ISM said: Economic activity in the manufacturing sector expanded in March for the eighth consecutive month, […]

Ed Harrison had a nice post the other day concerning mortgage fraud. He started off his piece this way: Rampant fraud in the mortgage industry has increased so sharply that the FBI warned Friday of an “epidemic” of financial crimes which, if not curtailed, could become “the next S&L crisis.” Assistant FBI Director Chris Swecker […]