subprime crisis

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Latest blogosphere posts tagged “subprime crisis”

  • Housing Market – Not going anywhere


    Metropolitan Real EstatesAuthority Authority: 92
    House sales are still low but it shows some improvement, not according to analysts who say there are still too many new homes with not enough buyers. In areas where there used to be high home sales are suffering due to the pullout of insurance companies from their area due to the high losses they had during Katrina ...
    17 hours ago
  • The death of the stigma of default revisited


    Michelle MalkinAuthority Authority: 816
    I know this is a futile battle. Not sure why I keep trying to fight it. I can’t help it. So, here I go again.In January 2008, I lambasted the bipartisan “victim politics of foreclosure” and the disappearance of the stigma attached to defaulting on your mortgage.A refresher: From President Bush to Hillary ...
    1 day ago
  • No escape from debt by selling jails | Sasha Abramsky


    The Guardian - guardian.co.ukAuthority Authority: 988
    Arizonas plan to sell prisons to the highest bidder is a leap back in time for correctional thinking, and a recipe for fiscal disaster Heres an idea: sell off our prisons to the highest bidders, reap a pile of short-term cash to inflate near-empty state coffers, then lease back the prisons for 20 years at a cost to ...
    1 week ago
  • Bankers Pay Revisited


    Models & AgentsAuthority Authority: 399
    Yet again the debate on bankers’ bonuses has taken an ugly turn, with ostensibly sober commentators getting caught into the populist flow… …Which is really too bad, as op-eds like this are a missed opportunity to inform the public about the fundamental problems in the financial sector (of which compensation ...
    1 week ago
  • Gruebel vows to return UBS to profit, in time (Reuters)


    BloggerAuthority Authority: 168
    Reuters – UBS boss Oswald Gruebel set an ambitious target for annual pretax profit of $15 billion, vowing to rebuild the loss-making bank and win back clients after the subprime crisis and a bitter U.S. tax row. Read more: (Reuters)"> (Reuters)">Gruebel vows to return UBS to profit, in time ...
    2 weeks ago
  • Bring US homeless in from the cold | Sasha Abramsky


    Comment is free | guardian.co.ukAuthority Authority: 164
    Recession has magnified the misery of homelessness in the worlds richest country. This crisis deserves Obamas attention Last weeks United Nations findings on Americas homeless crisis couldnt have been more timely or more depressing. Three years into the post-housing bubble era, special rapporteur Raquel Rolnik ...
    2 weeks ago
  • The Good, and the Quick ‘n Dirty


    Models & AgentsAuthority Authority: 399
    You look at the key housing indicators and you’re probably thinking the government’s homeowner support plan has got to be working… mortgage rates at record lows, house prices stabilizing, inventories coming down, new home sales (begrudgingly) crawling upward. Yet, it all depends on how you define ...
    2 weeks ago
  • Bubble trouble: rise in asset prices adds to fears for recovery


    The Guardian - guardian.co.ukAuthority Authority: 988
    Central banks are relaxed about booming asset markets. But with repossessions rising and jobs still scarce, some fear were heading straight for another bust. The din from the commodity pits on the Chicago exchanges is growing louder. Estate agents in Kensington and Chelsea say they cant meet demand for £1m-£1.5m ...
    2 weeks ago
  • UN studies homeless victims of American property dream


    The Guardian - guardian.co.ukAuthority Authority: 988
    From New York to LA: UN human rights expert tours US hearing from subprime crisis victims • UN say US is neglecting deepening homeless crisis There were not many people packed in to the Los Angeles "town hall" meeting who had heard of the foreign woman with the unfamiliar title who had come to listen to their ...
    2 weeks ago
  • Short-sellers back in the money for now


    Global InvestingAuthority Authority: 125
    For better or worse, hedge fund returns have a tendency to follow markets, in part because most long-short funds are net long most of the time. So after a huge rebound in the stockmarket this year, which has helped hedge funds make up some much-needed ground, October proved a difficult month when the market fell ...
    2 weeks ago
  • Short-sellers back in the money for now


    Hedge HubAuthority Authority: 133
    For better or worse, hedge fund returns have a tendency to follow markets, in part because most long-short funds are net long most of the time. So after a huge rebound in the stockmarket this year, which has helped hedge funds make up some much-needed ground, October proved a difficult month when the market fell ...
    2 weeks ago
  • Freddie Mac posts $5 billion loss – Yahoo! Finance


    Right VoicesAuthority Authority: 418
    Freddie Mac posts $5 billion loss – Yahoo! Finance . NEW YORK (Reuters) – Freddie Mac (NYSE: FRE – News ; NYSE: FRE – News ), the second largest provider of U.S. residential mortgage funding, on Friday posted a loss of $5 billion in the third quarter and predicted it would need more government support ...
    3 weeks ago
  • Mortgage Crisis: Shark With an Appetite


    The Daily Reckoning AustraliaAuthority Authority: 538
    I was in New York earlier in the week for the Value Investing Congress. Among the more valuable presentations were those of Sean Dobson at Amherst Securities and Whitney Tilson and Glenn Tongue of T2 Partners. They were valuable because they helped frame where we are in the mortgage crisis, which has been the main ...
    3 weeks ago
  • The Housing Bust – The Final Chapter


    The Daily ReckoningAuthority Authority: 597
    I was in New York earlier in the week for the Value Investing Congress. Among the more valuable presentations were those of Sean Dobson at Amherst Securities and Whitney Tilson and Glenn Tongue of T2 Partners. They were valuable because they helped frame where we are in the mortgage crisis, which has been the main ...
    3 weeks ago
  • Old fashioned brawl in New Jersey | Richard Whitby


    The Guardian - guardian.co.ukAuthority Authority: 988
    Republicans and Democrats are slugging it out for control of a state beset by political corruption and economic turmoil It is tempting to view todays election for governor of New Jersey as a referendum on Barack Obamas presidency. It is, after all, a state Obama won handily in last years presidential contest. But ...
    4 weeks ago
  • Bird and Fortune on Bonuses and Bailouts


    Dollars & Sense blogAuthority Authority: 422
    An amusing video of Brit satirists John Bird and John Fortune giving their take on the financial crisis, from the Financial Times . Hat-tip to KH. D&S collective member Ben Greenberg posted a video of Bird and Fortunes Subprime Primer almost two years ago.
    4 weeks ago
  • Culture of corruption: Democrats Maxine Waters and Laura Richardson under investigation


    Michelle MalkinAuthority Authority: 816
    Corrupt-o-twin powers, activate! L: Rep. Maxine Waters; R: Rep. Laura RichardsonReaders of this blog are quite familiar with the corruption scandals involving California Democrats Maxine Waters and Laura Richardson.Back in March 2009, I spotlighted Waters, her husband, and their smelly involvement with minority-owned ...
    4 weeks ago
  • Americas least wanted | Sadhbh Walshe


    The Guardian - guardian.co.ukAuthority Authority: 988
    Homelessness in US cities has reached record highs. Instead of helping, we harass and punish the people who suffer the most When you live in New York you spend a lot of time riding the subway. If you have an iPod and a book and manage to get a seat, it could be a pleasant enough experience were it not for the ...
    5 weeks ago
  • SEIU leads new banking shakedown campaign


    Michelle MalkinAuthority Authority: 816
    At the annual American Banking Association conference this weekend in Chicago, the SEIU army spearheaded an angry mob protest against major financial institutions who have taken federal bailout funds.It was the usual left-wing Kabuki theater. If the protesters were sincerely mad about the government bailouts, they’d ...
    5 weeks ago

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