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Results for subprime tsunami. Search took 0.50 seconds.
Seen that? - Chinese Venture Capital Ushers in Thunder & Rainmakers
in China Venture News, on November 20, 2009
...engine fueling a 9.5 percent growth is the catalyst responsible for an Asian private equity capital tsunami spilling into new provinces and science and technology parks throughout the Middle Kingdom. ...
Google wave : le prochain raz-de-marée de Google ?
in Business Computer Blog (FR), on novembre 13, 2009
© 松林Ｌ
Google est partout ! La compagnie née d'un moteur de recherche est désormais sur tous les fronts : celui des courriers, avec gmail, celui des systèmes d'exploitation, avec la sortie annoncée de Chrome OS, celui des navigateurs internet, avec Chrome tout court, celui des logici...
MBA turkeys and the market
in Sox First, on November 8, 2009
Earlier this year, I did a blog entry slating the business schools for helping create the market meltdown. The Women on the Web site followed up with a brilliant roll call of MBAs, or Masters of the Business Apocalypse, from Harvard. The rogue's gallery includes former Merrill Lynch CE...
Seen that? - High Loft Drivers
in Eagle Par Birdie, on October 11, 2009
High Loft Drivers at Eagle Par Birdie Courtesy: Golfindustryonline.com Golf is not an easy game to play. We all know that. It's an on-going battle to get length off the tee and keep the ball in the fairway at the same time. But when it happens...
The Goldman Sachs lie
in Sox First, on October 11, 2009
...This includes not only the large lenders reducing exposure but also the shuttering of several major subprime credit-card lenders." Banks are lending less and that doesn't sound like they are that hea...
Should ratings agencies go the way of Arthur Andersen?
in Sox First, on October 3, 2009
...he system for the investment public. Why haven't the rating agencies that were complicit in the subprime-mortgage securities scandal suffered the fate of Arthur Andersen? Despite some moves in Con...
Tsunamis, climate change and the Olympics
in Sox First, on October 1, 2009
...
The devastating 8.3 earthquake striking the south of Samoa on Tuesday that triggered a tsunami followed several hours later by the 7.6 quake 30 miles off the east coast of the Indonesian island o...
魔鬼辞典之金融危机
in Wangtam, on 2009-09-23
随着金融危机从"狼来了"变成活生生的磨难，金融业的一些特有隐语也进入到了日常对话中。对于不熟悉华尔街这个小圈子的人来说，这种出乎意料的变化可能让他们不快。
安布罗斯•比尔斯(Ambrose Bierce)在1906年出版的魔鬼辞典《愤世嫉俗者词汇手册》(The Cynic's Word Book)中对当时的政治和文化用语给出了独出心裁的解释。按照这种精神，《华尔街日报》也在雷曼兄弟(Lehman Brothers)倒闭一周年之际编写了一个缩写词、新词和滥用词入门手册，这些词可以让人通俗、形像地了解雷曼倒闭给世人留下的烂摊子。
AAA，名词，废词。一种修辞工...
The next bubbles
in Sox First, on September 12, 2009
...ie, AIG, Citi and Bank of America getting pushed up in the rush to buy cheap; education; repackaged subprime mortgages; securitised life insurance schemes; commercial real estate (definitely popping n...
US taxpayer bailout for subprime firms
in Sox First, on August 31, 2009
...ystem. The Center for Public Integrity presents a new report showing that firms that created the subprime lending frenzy, including subsiiaries of Countrywide, Lehman Brothers and Merrill Lynch, ar...
Foreclosures dogging the middle class
in The Mortgage Roadmap, on August 14, 2009
...arted to boom? We liked to say it was because of all those greedy homeowners who took out high-risk subprime mortgages to get into homes they couldn't really afford.
Well, today's foreclosure...
Nach der Krise - kommt das dicke Ende noch?
in Das Börsen Weblog, on 19.07.09
...en dürften eine Antwort parat haben. Im Artikel heißt es: "Denn auch wenn die Krise mit Subprime-Krediten ihren Anfang nahm - global wurde sie erst richtig durch die von Bankern konstruierten str...
Berlin: Wo sich Geschichte und Gegenwart begegnen
in Bauen - aber richtig, on 03.07.09
© extranoise Die starken Kräfte Berlins verbunden mit Vertrauen und Zuversicht kann ich kann ich aus eigener Erfahrung unterstreichen. Ich erinnere mich sehr gut an die Achtziger Jahre, an die gemischten Gefühle auf der Autofahrt von Frankfurt am Main nach Westberlin und beim Tagesbesuch...
BILD ist dabei: BLÖD-Bank flutet den Geldmarkt
in Bauen - aber richtig, on 01.07.09
© MPD01605 442.240.000.000 Euro umfaßt der größte Kredit aller Zeiten von BLÖD B ank L äßt Ö ffentlichkeit D umm! Schulden haben die gegenwärtige Misere verursacht. Noch mehr Schulden sollen die gegenwärtige Talfahrt bremsen. Wer das glaubt, ist blöd! Deshalb wurde eine bekannte Zent...
Is plain vanilla the right goal?
in The Mortgage Roadmap, on June 30, 2009
...erest-only options or any of the other fancy stuff that got so many borrowers in trouble during the subprime mortgage-lending crisis — if they choose.
But the Washington Post today asks an impo...
Does owning a home have to be the American Dream?
in The Mortgage Roadmap, on June 17, 2009
We like to find people to blame for our problems, don't we? And today, a lot of us are busy looking for people to blame for the mortgage meltdown the country is currently suffering through.
You know all about the meltdown: Housing foreclosures are soaring. Owners are walking away from thei...
How'd the mortgage meltdown happen? NPR knows
in The Mortgage Roadmap, on June 15, 2009
... you ever wanted to know — and then some — about mortgage loans, bad lending practices, subprime mortgages and the reasons why the mortgage industry went so wrong: It's NPR, of course....
Are reverse mortgages the next trouble spot?
in The Mortgage Roadmap, on June 9, 2009
...ke action to prevent reverse mortgages from causing some of the same problems for homeowners that subprime loans have already caused.
Reverse mortgages are popular these days. They let homeowners 6...
Wells Fargo accused of pushing bad loans on African-Americans
in The Mortgage Roadmap, on June 8, 2009
... Bank singled out African-American borrowers in Baltimore and suburban Maryland for high-interest subprime mortgages.
Baltimore has since filed a lawsuit against Wells Fargo. The city claims that t...
Subprime and racism
in Sox First, on June 8, 2009
...
One of the things that has disturbed me the most about the subprime crisis is the impact it's had on the African American and Hispanic communities, and the way banks had targeted these people ...
Mortgage giant Mozilo charged with fraud
in The Mortgage Roadmap, on June 5, 2009
...ated $461 billion worth of mortgage loans. Too many of those loans, though, were bad ones. When the subprime lending crisis hit, Countrywide quickly fell apart.
Mozilo was once the king of the mortga...
More housing woes
in Sox First, on May 30, 2009
...rtgagees are in serious trouble. What's even more concerning is the fact that it's not the subprime loans that are the main cause of the problem. Prime fixed-rate loans now represent the larg...
Loan modifications not always helping homeowners
in The Mortgage Roadmap, on May 26, 2009
...difications aren't quite working .
The paper cites a Fitch Ratings report that points out that subprime loans that have been modified are turning bad again at high rates, even with a change in lo...
Looking to buy? Your mortgage loan might be smaller than ever
in The Mortgage Roadmap, on May 13, 2009
...elling today.
And qualifying for a mortgage loan today is more difficult, as lenders, stung by the subprime lending crisis, are doing everything they can to avoid passing out mortgage money to borrow...
A Hippocratic oath for managers
in Sox First, on May 9, 2009
...g virtual products as they did in financial markets wasn't serving anyone. Neither was flogging subprime packages to people who couldn't repay them, securitising them in packages that nobody c...
Bankroll blues
in Sox First, on May 7, 2009
...won't crack down on them? First comes its report showing that that the top 25 originators of subprime loans, the $1 trillion worth of assets that created the meltdown were owned and financed by...
Animal Spirits by George Akerlof and Robert Shiller
in Sox First, on May 4, 2009
... loan (S&L) crisis, the 2001 recession by Enron and the latest by the totally amoral selling of subprime mortgages to people who would never be able to repay them, and their securitization in pack...
More bad news ahead, says Roubini
in Sox First, on April 8, 2009
...rtgage delinquencies comes when you break down the figures further. According to the data, 39.8% of subprime borrowers were at least 30 days behind on their home mortgage loans, up 23.7% from last yea...
Bad Money by Kevin Phillips
in Sox First, on February 18, 2009
...take over the US economy, a turbo-charged growth of financial debt and extending mortgage credit to subprime and other unqualified buyers, swelling the housing, mortgage and credit bubble to the point...
The meltdown and fascism: minister warns
in Sox First, on February 10, 2009
...
In his book The Subprime Solution , economist Robert Shiller warns that in good times people are willing to co-operate and accommodate others but when optimism for the future turns sour, they bec...
Wall Street to Obama: the banks are insolvent
in Sox First, on January 21, 2009
... Wall Street is telling Obama something: US are in bad shape, perhaps insolvent. The banks led the tsunami with appalling performances by Citigroup, Bank of America, JP Morgan Chase, Morgan Stanley a...
Subprime meltdown drives litigation
in Sox First, on January 8, 2009
...were sued in a federal securities class action in 2008, compared to only 5 percent in 2007. And the subprime/liquidity crisis was associated with 97 federal securities class actions. In 2008, 111 cla...
US drivers off the road
in Sox First, on December 15, 2008
The Big Three might be sweating blood over whether the Bush administration bails them out or not, but there is a story that's fart broader than the managerial incompetence of US automakers. The bottom line is that Americans are buying fewer cars and driving less. According to American In...
Why did the housing meltdown happen in the US?
in Sox First, on December 8, 2008
...preventing riskier loans. And finally, there was the unique role of securitisation which encouraged subprime lending. The big question for the US now is whether the egg can be unscrambled. Given that...
The Subprime Solution - Robert Shiller
in Sox First, on December 1, 2008
...
Have just finished reading Robert Shiller's The Subprime Solution which offers plenty of food for thought. Provocative and unsettling stuff. Shiller argues that the the impact of the US ho...
US market: it's back to 1997
in Sox First, on November 21, 2008
...loomberg says the collapse comes as writedowns and credit losses stemming from the collapse of the subprime mortgage market reaches $965 billion. And it's growing. The market is responding to da...
How the predication models failed
in Sox First, on November 11, 2008
...rectly predicted that a drop in real estate prices of 10 or 20 percent would imperil the market for subprime mortgage-backed securities but the analysts assigned a very low probability to that happeni...
Deutsche Bank's accounting shell games
in Sox First, on November 5, 2008
...o be strongly capitalized. The message: the banks are capable of lending even more. But when the US subprime loan market collapsed, resulting in the credit crunch, those same assets have been marked d...
Greenspan's legacy
in Sox First, on October 26, 2008
...
In his book The Age of Turbulence , former Fed chief Alan Greenspan proclaimed that subprime was a good thing for America. "The gains were especially dramatic among Hispanics and blacks, as ...
One Version of How the Meltdown Happened
in The Personal Finance Weblog, on October 20, 2008
...ill happen in the future.
Ben Stein goes on to give a generally understandable explanation of the subprimes mess and credit swaps and other financial instruments you and I will never grasp completely...
The "R" word highlighted - the worst since 1982
in Sox First, on October 20, 2008
... less long than the 1982 recession." The big worry in all this is whether we are looking at a tsunami of corporate defaults. And if that happens, the banks face another wave of losses....
Financial meltdown and climate change
in Sox First, on October 18, 2008
...
Why does the subprime meltdown remind me of our inability to deal with climate change? Both are the result of market failure, both are symptoms of the inability of government and markets to plan f...
How the Credit Crisis is (Sort Of) Like 9/11
in The Personal Finance Weblog, on October 1, 2008
... as us shaking our heads from afar at the greed of Wall Street and the stupidity of Willy -nilly subprime mortgages could now morph into a financial crisis that will personally touch us, that reall...
Washington Mutual - another one bites the dust
in Sox First, on September 26, 2008
...ating had been cut to junk status by Standard&Poor's. It has already lost $6.3 billion on subprime mortgages and was facing $19 billiion in losses over the next two and a half years. An e...
Boxing Cox
in Sox First, on September 23, 2008
...buddies in corporate America and on Wall Street." One thing for sure. When the history of the subprime and debt mess is written, Cox will not be spared.
...
Meet & Drive for Charity
in Oldtimer & Classic Cars, on 19.09.08
...die Vereinigung Lichtblick, die im Jahr 2005 aus Dankbarkeit an die Einheimischen während der Tsunami- Katastrophe am 26.12.2004 gegründet wurde fließen. Das berichtet Oldtimer-Info und natürlich da...
Is AIG next?
in Sox First, on September 16, 2008
... used by many companies world-wide to manage a range of risks, including exposure to investments in subprime mortgages. Its demise would potentially make it harder or more expensive for businesses to ...
Pegasus Sees 36th Month Of Positive Returns
in The Hedge Funds Weblog, on September 12, 2008
...g the 36th subsequent month of positive returns for the Pegasus Auto Loan Fund, which invests in US subprime auto loans.
In the $200 billion auto industry there is high demand for auto loan originati...
Why the markets imploded
in Sox First, on September 13, 2008
...ent when you read this IMMF working paper Transmission of Liquidity Shocks: Evidence from the 2007 Subprime Crisis . The blame is sheeted home to the unprecedented complexity and integration. "...
Wal-Mart CEO says US contagion spreading
in Sox First, on August 15, 2008
...
Is this the canary in the coal mine? In another sign that the effects of the US subprime crisis have spread globally, Bloomberg reports that global business air traffic fell 0.4 percent in June...
Risk managers come clean
in Sox First, on August 11, 2008
... bundles of risky debt, including mortgages, bonds backed by some of the riskiest home loans in the subprime market, credit card debt, loans to private equity, all parcelled up into neat little sectio...
Subprime + volatility = litigation
in Sox First, on July 30, 2008
...
It's clear that the subprime debacle has resulted in an outpouring of litigation. The trend was fairly obvious just months ago when I looked at the issue here . Now, the trned seems to be ga...
Merrill Lynch's day of reckoning
in Sox First, on July 29, 2008
...hrough a public share offering. That's after revealing another $5.7 billion in write-downs on subprime mortgages. Significantly, Merrill Lynch's total writedowns are now put at close to $4...
GM staves off bankruptcy
in Sox First, on July 16, 2008
... is the problem with GM? One way of looking at it is to say that high oil prices, combined with the subprime debacle, has stopped people buying its cars. But Toyota has responded quickly to a fall of...
Subprime's hot spinoff: arson
in Sox First, on July 7, 2008
Another sign of desperate times! Expect a record number of arson incidents with the growing number of mortgage defaults, reports Bloomberg . Still, you would have to ask why people would do it when, as the policy holder, you would be the first suspect on the list. People do dumb things ...
Moody's subprime error bug
in Sox First, on July 4, 2008
Ratings agency Moody's has admitted that it incorrectly graded several European mortgage debt instruments because of a computer bug. The agency admits that it incorrectly gave its highest AAA rating to about $1bn worth of European "constant proportion debt obligations" (whi...
How to Think Like Warren Buffett, Part 31
in The Personal Finance Weblog, on July 1, 2008
...e whole first 4 paragraphs of this letter are worth reproducing here, especially as pertains to the subprime crisis that so many people are still feeling the effects of:
Our gain in net worth during ...
No SOX relief in sight
in Sox First, on June 24, 2008
...rnment sitting on its hands and doing nothing, reports Financial Week's Neil Roland . With the subprime crisis in full swing, and the US economy in deep strife, regulators are unlikely to start u...
Arrests everywhere
in Sox First, on June 20, 2008
...is in some emails. These included some correspondence that had Tannin telling Cioffi that the "subprime market looks pretty damn ugly'' and could be "toast'' and another wher...
Lawsuits come in
in Sox First, on June 19, 2008
...laiming Deutsche Bank fraudulently sold M&T high-risk collateralized debt obligations linked to subprime loans. M&T has accused Deutsche Bank of intentionally withholding material infor...
FBI steps up on mortgage fraud
in Sox First, on June 13, 2008
...berg reporting that the FBI has pulled agents off financial crimes cases so that they can focus on subprime. Clearly, this problem is getting bigger than anyone expected....
Beware of "Surgery Today, Pay Later"
in The Personal Finance Weblog, on June 11, 2008
...ers get a portion of the practitioner's fee.
Consumer Reports calls the practice "akin to subprime mortgages," saying that some patients are pressured into risky financing plans by the ...
Blame subprime on the banks: accounting rule-maker
in Sox First, on May 26, 2008
...ican . Now living in Johannesburg, Mr Garnett was scathing about the way the banks have blamed the subprime crisis and credit crunch on accounting rules. And he says there are major problems with dis...
FBI reports: fraud cases are up
in Sox First, on May 24, 2008
...
Another sign that times are getting tough. The market gyrations and subprime crisis are providing plenty of opportunities for the unscrupulous, says the Federal Bureau of Investigation. An FBI do...
Mortgage fraud getting worse
in Sox First, on May 14, 2008
...r cent to 46,717 reports. An extraordinary number when you compare it to the 6936 reported in 2003. Subprime loans are a big contributing factor. This is going to get a lot worse. With warnings tha...
When companies get too big
in Sox First, on May 13, 2008
... cents in every dollar spent on groceries. True, Wal-Mart's been doing well in the wake of the subprime mortgage crisis as Americans rein in their spending, something that Slate writer explains i...
George Soros: market fundamentalism and other illusions
in Sox First, on May 12, 2008
...g to get a lot worse and problems with such adjustable-rate mortgages shaping up to be as as bad as subprime mortgages. And in the final wash-up, he says, the US will no longer the economic superpowe...
UBS woes
in Sox First, on May 7, 2008
...on the way to cutting 5500 jobs after losing $11 billion in the first quarter as a result of the US subprime crisis. Most of the jobs will go in the US and Britain, all part of a giant shakeup of the ...
Volunteer Vacations: The High Cost of Doing Good
in The Flyaway Weblog, on May 7, 2008
...above photo features the Khao Lak Police Boat, which was washed several kilometers inland after the Tsunami. This, as well as the devastating photos of Hurricane Katrina, inspired many people to consi...
