Bill Knudson

Banking and Shadow Banking

Words… what do they really mean? What is banking? What does a bank do, or what is it that a bank is supposed to do? I’m 53 and in my lifetime, I’ve witnessed a complete change in the banking system in the U.S.

LANDCO Eyes Asia

China, for all of its wealth creation, continues to seek US investment alternatives. On our recent visit, manufacturers, business people, and family offices affirmed that the US, Latin America, and Africa are popular investment destinations.

Who Sunk Housing?

Morgan Stanley’s view of a “rentership society” is an interesting read, but underlying it is the specious argument that Fannie

Foreclosure Resolution

Q3-11 Situation Analysis Rental Housing Elizabeth Duke, a Governor of the Federal Reserve Bank of Richmond, spoke on September 1