Blogs about: Collateralized Debt Obligations
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Thousands of investors hit hard
The investments of many of the 380,000 people who have joined the KiwiSaver scheme have taken a battering with the dramatic slump in sharemarkets. New Zealand and world sharemarkets have taken a dive … more »
Aotearoa: a wider perspective
FBI Expands and Intensifies Criminal Investigation of Mortgage Industry
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Fox wrote 6 days ago: The New York Times reported today that the federal taskforce established in January to investigate t … more »
FBI Expands Probe of Mortgage Fraud -- Now Involving 19 Mortgage Companies and 1,300 Cases. Reverse Mortgages Also Under Scrutiny.
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Fox wrote 3 weeks ago: The FBI is expanding its wide-ranging probe of the mortgage industry. At a Senate hearing on Wedne … more »
Thousands of investors hit hard
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travellerev wrote 2 months ago: The investments of many of the 380,000 people who have joined the KiwiSaver scheme have taken a batt … more »
The Subprime/Securitization Market Panic
travellerev wrote 3 months ago: A Guide for the Perplexed Larry Peterson This article is from the November/December 2007 issue of Do … more »
Borrowers stretched to the limit
travellerev wrote 3 months ago: In 24 years as president and chief executive officer of Sacramento’s Safe Credit Union, Henry … more »
Update: Crash! Biggest fall in shares since September 11
travellerev wrote 3 months ago: Recession fears wipe £84bn off the value of Britain’s biggest companies as stock markets tumb … more »
Udate: US recession fears wipe £77bn from London shares
travellerev wrote 3 months ago: London’s FTSE 100 fell to an 18-month low as markets took a dim view of President Bush’s … more »
ARM Teaser Freezer Plan Designed To Help Banks, Not the Market
travellerev wrote 5 months ago: So it was that Henry Paulson came up with an idea… the ‘teaser freezer‘ plan. The ARM teaser f … more »
Bank loan funding costs at 10 year peak
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travellerev wrote 5 months ago: The Good Returns mortgage rate table is awash with red this week as lenders push rates up even thoug … more »
The Fat Cats Protection League
travellerev wrote 7 months ago: Wherever you hear the words “free market”, you’ll find massive state handouts to corporations … more »
Credit Crisis Worse Than Long-Term Capital Management Collapse in ’98
travellerev wrote 7 months ago: Posted by Marc Faber on Sep 20th, 2007 Unlike all the Wall Street strategists who compare the curren … more »
Fed to meet for US rate decision
travellerev wrote 7 months ago: The Federal Reserve is preparing to meet to decide whether US interest rates should be reduced from … more »
The Supply-Side Fraud: Republican Economics Don't Work
travellerev wrote 8 months ago: By Hale Stewart, HuffingtonPost.com. Posted September 10, 2007.Supply-side economics is a great mark … more »
Central bankers warn housing crisis could hit whole US economy
travellerev wrote 8 months ago: BASEL, Switzerland (AFP) - The crisis in the US housing market risks spreading to the whole of the n … more »
Countrywide to cut up to 12,000 jobs
travellerev wrote 8 months ago: Fri Sep 7, 2007 7:39PM EDT NEW YORK (Reuters) - Countrywide Financial Corp, the largest U.S. mortgag … more »
Are The Banks In Trouble?
travellerev wrote 8 months ago: By Mike Whitney “The new capitalist gods must love the poor – they are making so many m … more »
Reserve Bank of Australia Plans Loans for Distressed Lenders
travellerev wrote 8 months ago: Posted by Dan Denning on Sep 6th, 2007 Who is knocking on the door of the Reserve Bank of Australia … more »
House prices in some areas may fall as much as 50%
travellerev wrote 8 months ago: By Finfacts Team Sep 3, 2007, 07:01 US homes may lose as much as half their value in some US cities … more »
The Real Cost of a Picket White Fence: 3 Housing Factors to Think About; Prices set at the margin, income discrepancies, and bubble euphoria.
travellerev wrote 8 months ago: After drinking water out of the bailout fire hydrant, I think most people are scrambling to get an … more »
