Blogs about: Collateralized Debt Obligations

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FBI Expands and Intensifies Criminal Investigation of Mortgage Industry1 comment

Fox wrote 6 days ago: The New York Times reported today that the federal taskforce established in January to investigate t … more »

Tags: Foreclosures, General Real Estate, Real Estate Law, Real Estate News

FBI Expands Probe of Mortgage Fraud -- Now Involving 19 Mortgage Companies and 1,300 Cases. Reverse Mortgages Also Under Scrutiny. 1 comment

Fox wrote 3 weeks ago: The FBI is expanding its wide-ranging probe of the mortgage industry. At a Senate hearing on Wedne … more »

Tags: General Real Estate, Foreclosures, Real Estate Law, Real Estate News

Thousands of investors hit hard1 comment

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 »

Tags: Economic Meltdown, Banking practices, John Key, Dodgy debts, Alan Greenspan, dollar collapse, Derivatives

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 »

Tags: Banking practices

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 »

Tags: Banking practices, bankruptcy, credit, Crisis, Dodgy debts, dollar collapse, Economic Meltdown, Investment Banking, John Key

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 »

Tags: Banking practices, bankruptcy, crash, credit, Crisis, Dodgy debts, dollar collapse, Economic Meltdown, federal reserve

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 »

Tags: Banking practices, bankruptcy, crash, credit, Crisis, deregulation, Dodgy debts, dollar collapse, Economic Meltdown

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 »

Tags: Economic Meltdown, federal reserve, Banking practices, Disasters, bankruptcy, Dodgy debts, corruption, Don Brash, dollar collapse

Bank loan funding costs at 10 year peak1 comment

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 »

Tags: Banking practices, Central Bank, Corporate Takeover, crash, credit, Crisis, Dodgy debts, dollar collapse, Economic Meltdown

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 »

Tags: Globalisation, Housing bubble, Hedge Funds, federal reserve, Banking practices, trade deficit, National Party, neo-liberalism, John Key

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 »

Tags: Apec, Economic Meltdown, federal reserve, Inflation

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 »

Tags: Apec, Banking practices, bankruptcy, capitalism, Central Bank, Corporate take over, deregulation, Dodgy debts, Economic Meltdown

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 »

Tags: Corporate take over, Privatisation, Globalisation, Economic Meltdown, Housing bubble, predatory lending, Hedge Funds, USA, Borrowing

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 »

Tags: Corporate take over, Privatisation, Globalisation, Economic Meltdown, Housing bubble, predatory lending, USA, Borrowing, free trade agreements

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 »

Tags: Corporate take over, Privatisation, Globalisation, Economic Meltdown, Housing bubble, predatory lending, Hedge Funds, USA, Borrowing

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 »

Tags: Corporate take over, Privatisation, Globalisation, Economic Meltdown, Housing bubble, predatory lending, Hedge Funds, China, USA

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 »

Tags: Corporate take over, Privatisation, Globalisation, Economic Meltdown, Housing bubble, predatory lending, Borrowing, federal reserve, Banking practices

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 »

Tags: Corporate take over, Globalisation, Housing bubble, predatory lending, Hedge Funds, USA, Borrowing, corporate crime, federal reserve

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 »

Tags: Privatisation, Globalisation, Economic Meltdown, Housing bubble, predatory lending, Hedge Funds, USA, Mortgages, free trade agreements


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