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Archive for March, 2011

The latest report from Core Logic shows that the “shadow inventory” of houses (those owned by banks) peaked in January of 2010.  The number of foreclosures has remained steady since July 2009 which means we are not out of the woods yet but the fact that the shadow inventory is falling is a good sign – [...]

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Hackers from China launched a massive attack on several large network operations centers at 8:00am CST March 8, 2011.  As many as 1.5 million packets per second paralyzed the networks.  The perpetrators used malware to invade servers all over the Internet that have weak security. It’s called a distributed denial of service attack or DDoS [...]

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