Net Net: Promoting innovation and managing change

Kroll rates first CMBS transaction (Housing Wire) KBRA assigned four ratings to the deal, including a triple-A rating on a class with an anticipated balance of $310 million.

Time for Plan B; Unfortunately there is No Plan B (Mish) Lend-and-Pretend (Plan A) is clearly not working.

Is Austerity Worse Than Default? (The Atlantic) For the US, not Greece.

New Services Adds Your Drunken Facebook Photos To Employer Background Checks, For Up To Seven Years (Consumerist) You'll never work on this planet again

This 24-Year-Old Guy Just Quit Goldman Sachs For Guacamole (Business Insider) Double dip?