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Alexander Brokaw contributes to The Edge on a weekly basis with his posts on the latest frauds perpetrated in the financial industry.   In the throes of the subprime mortgage crisis, executives running the Birmingham, Alabama-based Superior Bank realized they had a problem. Their loan book had fallen into dire shape. Borrowers for a slew

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Greetings, While economists continue to forecast a pickup in inflation this year, two supposedly “transient” factors are keeping disinflationary pressures intact. 1. The trade-weighted US dollar index continues to climb and is now at the highest level since 2002. 2. The yellow number below is not a typo. Brent crude oil is now firmly below $30/bbl. In

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