Blog > Archive by tag 'subprime'
"You might think this is all down to the credit crunch or market volatility wiping these funds out, but that’s not always the case. I want to take a look for a moment at the possible motives behind some of these closures." — Dominic Frisby
Blogger’s note: As the subprime debacle unravelled itself earlier this year, [...]
Tags: banking, credit crunch, Dominic Frisby, economist, hedge fund, incentive, Moneyweek, ospraie, self interest, subprime, volatility
Financial editors like to point out obvious investing opportunities. But the obvious is not necessarily the profitable. Vice stocks, especially, are not quite what they’re cracked up to be. Watch the video now…
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The subprime meltdown has taken down lenders and borrowers alike. That makes the U.S. national debt look like a double-edged sword — especially to global creditors. Watch the video now…
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“As a service to Money Morning readers who are unfortunate enough to have been holding Fannie or Freddie paper, or to the venturesome few who wonder whether there is any among the debris, I thought I’d peer through the fog of uncertainty and try to figure out what the different classes of Fannie and Freddie [...]
“Just over two years ago, when this business was floated on the stock market, Johnson had nothing to do with it. Instead 51% of the shares were in the hands of Tony Williams and John Stickley, who were intent on growing the company through providing asset finance [...]
“Once upon a time, asset valuation was easy, even for banks. Whatever you paid for it (the asset) was the value at which you carried it in the books.” — Martin Hutchinson
by Martin Hutchinson
Baltimore – (TFN): “When I use a word” said Humpty Dumpty in Lewis Carroll’s Through the Looking-Glass, “it [...]
“There is an interesting trend occurring at the bank - one that bodes well for banks and the economy as a whole.” — Karim Rahemtulla
by Karin Rahemtulla
Baltimore – (TFN): It’s one of the most important companies in America today…
But like any company, it’s got its share of pros and [...]
“With 80% of losses from the subprime crisis already reported, according to a Fitch Ratings Inc. report released Wednesday, the collateralized debt obligation (CDO) market that many had written off for dead could be showing new signs of life.” — Jennifer Yousfi
by Jennifer Yousfi
Baltimore – (TFN): With 80% of losses [...]
“That key marker of investor anxiety, the gold price, fell 15 percent from its top of mid-March to the end of April. The preceding surge had taken gold bullion up from $650 per ounce in August to above $1,030 the day after Bear Stearns was sold to J.P. Morgan.” [...]
“All are coming to see more than 30 of The Sovereign Society’s financial experts from around the globe confront the hard issues facing investors today. They’ll be offering straight talk and actionable advice.” — Erike Nolan
by Erika Nolan
Baltimore and Panama City, Panama – (TFN): It seems like every day I [...]
Tags: asset protection, bankruptcy, china, consumer debt, credit crunch, energy sector, investment ideas, offshore, patriot act, presidential election, privacy, subprime, tax code, yuan
“So who - or what - is to blame for what’s being called the greatest financial crisis since the Great Depression? Strangely it’s all tied back to not only derivatives… but also the currency markets. Or more specifically, the carry trade.” — Jack Crooks
Blogger’s note: Jack Crooks sent [...]
Tags: carry trade, citigroup, credit crunch, currency, dervatives, fannie mae, fnm, foreclosure, subprime, UBS, yen
Baltimore — (TFN): Hillary Clinton’s recent encounters with her husband and staffers earning big bucks on acting against her proclaimed campaign issues have become too numerous to count. The latest one involves $800k earned by Bubba on supporting a Colombia free trade group.
Click here for incredible stunts…
****Make sure you sign up for our FREE TFN [...]
“We thought we’d take a bit of a different approach, and use some of the social indicators that we’ve come across to develop a ‘Top 10 List’ of reasons the U.S. economy may have achieved a new market bottom - though perhaps it’s not yet the ultimate market bottom.” — Keith [...]
by J. Christoph Amberger
Baltimore — (TFN): Say what you may, you certainly cannot accuse Hillary Clinton of inflexibility. Following the Democrat motto of “Do as I say, not as I do,” the Clinton campaign has become a living kamasutra of moral contortionists — a migrant carnival of double-jointed confidence artistes whose spectacular limberness would normally [...]
“Evidence suggests that as adjustable rate mortgages (ARMs) reset to higher interest rates, consumers in these regions - and across the country - are relying more on their credit cards to finance such day-to-day living expenses as groceries and gasoline.” — Robert Williams
by Robert Williams
Baltimore – (TFN): Late credit card [...]
“While gold stole all the headlines when it broke the $1,000 mark, few took notice seven days earlier when silver hit its highest price in 28 years.” — Michael Checkan
by Michael Checkan
Baltimore – (TFN): Leprechaun investors found their pot of gold four days before St. Patrick’s Day, when gold [...]
"It was as if they had subjected the Japanese economy to waterboarding and forgotten to pull it up out of the water. The economy drowned. Even now, 18 years after the Nikkei Dow went under, the poor thing is still coughing up suds." — Bill Bonner
by Bill Bonner, The Daily [...]
"It’s refreshing when you get to see an analyst really laying into something. And that’s exactly what Dresdner Kleinwort’s Alastair Stewart did to the housebuilders yesterday." — John Stepek
by John Stepek
Baltimore – (TFN): Strongly expressed opinions are a rarity in analysts’ notes.
Comment is usually hedged and [...]
"He cheerfully admits that this is capitalism, red in tooth and claw, at its finest… And still the market applauds him as a hero." — John Stepek
by John Stepek
Baltimore and London – (TFN): You have to admire Warren Buffett.
He's offered to relieve the ailing monoline bond [...]
"We think it'll take a lot more pain than that before the collapse of the credit bubble has fully unwound." — John Stepek
by John Stepek, Money Week
Baltimore and London – (TFN): How bad could the US recession get?
While the majority of commentators now believe that a US recession [...]