The Morning Report
Get the news and information you need to take on the day.
None of us want to get to work Monday morning, right? Here are a couple of things to read to delay the inevitable a bit.
- In light of this weekend’s standoff over the casino rising in Jamul, Rob Davis‘ piece from last week seems all the more worthwhile to read again (or for the first time).
- The New York Times’ Gretchen Morgenson published a fascinating article Sunday comparing the current turmoil in the subprime mortgage securities market to the Dot-Com bust of seven years ago. As you probably have noticed, we’ve been all over this story. Rich Toscano has done an incredible job explaining not only the dynamics of the housing market locally, but the national and international developments that affect it as well — including the mortgage-backed securities.
In light of all the news about the subprime mortgage market falling out, it’s worth it to look back on a classic Toscano piece from November describing what else is at risk in this Byzantine financial world that orbits around your home loan.
- The U-T had a great news story last week on the current difficulties restaurateurs are having getting their alcohol licenses. You might have missed it. Give it a read if you did.
The effects of the city of San Diego’s financial crisis may never fully cause buildings to collapse while trash to builds up on street corners in some kind of terrible reckoning with our indiscretions. But in these seemingly little ways, it continues to chip away at our economy and quality of life.
- Last but not least, the MonDiego Tube: