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The Goldman Years
as the toxic cloud surrounding u.s. subprime mortgages continues to waft through the global financial system, banks and governments are seeking guidance from a battle-tested army: former goldman sachs executives. and with good reason.
www.globeinvestor.com

subprime Mortgages--good Luck Getting One - Businessweek
the federal reserve has just released its annual home mortgage disclosure act report , and you won’t be shocked by its conclusion: it has become very, very hard for people with iffy credit to get mortgage loans, including many blacks and hispanics ...
www.businessweek.com

Where Failure Is The Only 'option' - Detroit News
actually, home foreclosures are down all over metro detroit -- except for swanky oakland county, where the rate has more than doubled since august of last year. while 40 percent fewer homes were foreclosed in gritty detroit and the rest of wayne ...
www.detnews.com

The Goldman Touch
as the toxic cloud surrounding u.s. subprime mortgages continues to waft through the global financial system, banks and governments are seeking guidance from a battle-tested army: former goldman sachs executives
www.reportonbusiness.com

Putting Lipstick On A Pig
if nothing else, we've learned recently that if you put lipstick on a pig, it's still a pig. presumably that has always been true - unless of course the pig in question was a subprime mortgage derivative, circa 2006. then it was quite possibly a "runaway bargain," a "great time to buy," or an "opportunity in a market that's only going to go up."
money.cnn.com

Alt-a Mortgages Next Risk For Housing Market As Defaults Surge - Bloomberg
sept. 12 (bloomberg) -- for dean nessen, the choice of a mortgage was easy. by agreeing to pay only interest for three years, the self-employed salesman didn't have to show proof of income and landed a rate of 6.25 percent. now, four years later ...
www.bloomberg.com

Buying On Margin: The Long And The Short Of It - Globe And Mail
debt, said newsletter writer jim grant, is always repaid - either by the borrower or by the lender. this explains much of what is taking place in the market today: borrowers can't pay their debt, so their lenders must - either by selling out the ...
www.theglobeandmail.com

Rp Won't Follow Us Subprime Mess
the newly bailed out us housing firms, fannie mae and freddie mac, have a philippine version: the national home mortgage...
newsbreak.com.ph

``the Subprime Mortgage Crisis: What´s Next?´´ Uc Berkeley Real Estate Economist And Panel Of Experts To Discuss ...
what: the subprime crisis research council (scrc) will discuss root causes and policy
www.wallstreet-online.de

Statement From Michael D. Calhoun, President - Center For Responsible ... - Forbes
the preliminary report issued today by federal reserve board on mortgages made in 2007 suggests that troubling lending patterns of years past persisted, with latino and african-american families continuing to receive a disproportionate share of high ...
www.forbes.com

Treasury Said To Call On Wall Street To Back Lehman (update1) - Bloomberg
sept. 13 (bloomberg) -- u.s. treasury secretary henry paulson and new york federal reserve bank president timothy geithner urged the heads of wall street's biggest firms to find a solution to the plight of lehman brothers holdings inc. , signaling ...
www.bloomberg.com

"the Subprime Mortgage Crisis: What's Next?" Real Estate Economist To Discuss Solutions To The Subprime Mortgage Crisis
uc berkeley real estate economist and panel of experts to discuss solutions to the subprime mortgage crisis.
www.newswise.com

Alt-a Mortgages Next Risk For Housing Market As Defaults Surge
sept. 12 (bloomberg) -- for dean nessen, the choice of a mortgage was easy. by agreeing to pay only interest for three years, the self-employed salesman didn't have to show proof of income and landed a rate of 6.25 percent.
www.bloomberg.com

Aig Shares Dive Almost 30% On Mortgage Worries - Cnbc
shares of american international group fell almost 30 percent on friday as investors grew increasingly concerned that its large exposure to mortgages is backing it into a corner. the stock has fallen more than 70 percent since it earlier this year ...
www.cnbc.com

Pension Perils - New York Post
mayor osby davis, who has lived in this waterfront city across san pablo bay from san francisco for 60 of his 62 years, says: "if you have a can that's leaking two ounces a minute and you put an ounce a minute in it, it's going to get empty." he is ...
www.nypost.com

Aig Shares Fall 30% On Growing Mortgage Worries
shares of american international group (aig) fell 30% friday as investors grew increasingly concerned that its large exposure to mortgages is backing it into a corner.
www.usatoday.com

Subprime Lawsuits Outpace S&l Cases: Study
the u.s. subprime-mortgage crisis has now spurred more federal lawsuits than the savings and loan debacle of the late 1980s and early 1990s ever did, data released on wednesday shows.
news.yahoo.com

Putting Lipstick On A Pig - Cnn Money
(fortune magazine) -- if nothing else, we've learned recently that if you put lipstick on a pig, it's still a pig. presumably that has always been true - unless of course the pig in question was a subprime mortgage derivative, circa 2006. then it was ...
money.cnn.com

Shiller: Our Financial Infrastructure Needs To Improve - Street.com
this column was written by robert shiller, author of the new book 'the subprime solution: how the current global financial crisis happened and what to do about it .' there was very poor understanding of the housing and mortgage lending boom of 1997 ...
www.thestreet.com

S&p Cuts Ratings On Another $24.6 Billion In Subprime Rmbs Deals
standard & poor's cut its ratings on $24.6 billion in residential mortgage- backed securities deals backed by u.s. subprime mortgages issued in 2006 and 2007.
www.nasdaq.com