Financial Times
Meredith Whitney, the analyst who rose to fame for predicting trouble at some large US banks ahead of the financial crisis, last month called the financial ...
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Mish's Global Economic Trend Analysis: FCIC Investigation Misses ...
By noreply@blogger.com (Michael Shedlock)
The 2008 financial crisis was an “avoidable” disaster caused by widespread failures in government regulation, corporate mismanagement and heedless risk- taking by Wall Street, according to the conclusions of a federal inquiry. ... investigated the crisis casts a wide net of blame, faulting two administrations, the Federal Reserve and other regulators for permitting a calamitous concoction: shoddy mortgage lending, the excessive packaging and sale of loans to investors and ...
Mish's Global Economic Trend Analysis - http://globaleconomicanalysis.blogspot.com/
Damning Email: Did Bear Cheat Clients of $ Billions? | The Big Picture
By Barry Ritholtz
“Former Bear Stearns mortgage executives who now run mortgage divisions of Goldman Sachs, Bank of America, and Ally Financial have been accused of cheating and defrauding investors through the mortgage securities they created and sold while at Bear. ..... But this was not a “stock market crisis”. Apple went down from 200 to 85. But this was not a “smart phone crisis”. This was a real estate bubble. Any other interpretation is missing the SINGLE, BIG ISSUE. ...
The Big Picture - http://www.ritholtz.com/blog/
Dan Solin: Rich and Poor Serve Their Wall Street Masters
By Dan Solin
I used an initial investment of $3.6 million in 2003 and computed the value of the portfolio on December 31, 2008, using a passively managed portfolio of stock and bond funds. The ending value was $5051660! The panel should have done a ...
Industry News - http://industry-news.org/
Stocks Flat As Earnings From Blue Chips Disappoint - Money News ...
The Fed's $600 billion bond-buying plan, launched in November, was partially aimed at boosting stock prices. The S&P 500 has gained 8.9 percent in the last three months. "As long as the Fed keeps pumping money into the economy," Roberts said, ... With banks and lenders facing major troubles, gain some insight on how to sell, refinance or keep your home. You'll find everything mortgage in our special section. More. E-Mail News Alerts. Get breaking news and daily headlines . ...
TurnTo23.com - Money RSS - http://www.turnto23.com/money/
Bank of America Sued for Countrywide's Mortgage Sins, Again ...
By Abigail Field
On Monday, a group of institutional investors sued Countrywide and Bank of America over Countrywide's mortgages practices. The bank is accused of issuing vast numbers of loans using methods that went beyond lax standards and into fraud, with the sole goal of repackaging them ... Tagged: clues, common-law fraud, Countrywide Financial, lawsuit, mortgage backed securities, mortgage fraud, mortgage fraud schemes, mortgages, ratings agencies, real estate, real estate bubble ...
DailyFinance - http://www.dailyfinance.com/
2011 Corporate Earnings Off to a Strong Start, but Will it Last ...
And JPMorgan's 47% pop in fourth-quarter earnings was good news for the financial sector - even with the other big banks delivering mixed results. JPMorgan reduced by 66% the amount it set aside for future losses. .... to enter into a market position either stock, option, futures contract, bonds, commodity or any other financial instrument at any time. We recommend that independent professional advice is obtained before you make any investment or trading decisions. ...
The Market Oracle - http://www.marketoracle.co.uk/
Taking Advantage Of Central Bank Interventions
So let's take a look at some other capital control strategies that are being used by global central banks and how to take advantage of such an opportunity. Korea's Intervention South Korea, with an export economy similar to Japan's, ... It was during this time that traders bought Japanese yen and sold U.S. dollars on the news that China was investing in Japanese bonds. The momentum helped the Japanese yen appreciate against the U.S. dollar from an exchange rate of about ...
Investopedia.com Headlines - http://www.investopedia.com/
Business and Economy News Summary From The Wall Street Journal
By Admin
From Up North, Covered Bonds () Tue, 25 Jan 2011 17:04:19 EST Canadian banks are back in the U.S. market selling covered bonds, taking advantage of strong investor appetite for mortgage-backed debt with a twist. ..... As the financial crisis of 2008 fades into the past, corporate executives are having to navigate an unbalanced global economic recovery, marked by supercharged growth in the developing world and painfully slow growth in mature economies. ...
Global Mediablog - http://global-mediablog.blogspot.com/
Brothers Widespread Panic | Tickets for Sports, Shows and Major Events
By admin
So the Bush Administration, with Treasury Secretary Henry Paulson and Fed chairman Ben Bernanke as point men, brokered the sale of troubled investment bank Bear Stearns and brokerage firm Merrill Lynch to stronger financial firms, took over giant housing lenders Fannie ... In the continuing financial crisis the Treasury Department next established the Troubled Asset Relief Program (TARP ), funded with $700 billion to purchase the troubled assets of financial institutions. ...
Tickets for Sports, Shows and... - http://www.hawktails.com/
Why JPMorgan Is Bullish On The Worst Housing Market In America
By Gus Lubin
Summary. JPMorgan Chase & Co. is a global investment banking and securities firm . It is a major provider of financial services with assets of $2 trillion, and the largest market capitalization and third largest deposit base U.S.... More » ... A chart showing the Vegas unemployment rate, and a chart showing all the nonperforming mortgage loans that JPM is carrying at face value instead of the dimes on the dollar that they are worth. .... Stock Quotes · Job Listings ...
Money Game - http://www.businessinsider.com/moneygame
Protesters Are Getting Killed in Egypt, As President's Son Flees ...
By arevamirpal::laprimavera
Financial Crisis Inquiry Commission Slams Greenspan, Bernanke, Geithner, Paulson , Summers, SEC, Rating Agencies and Big Banks for Causing Crisis - →* ** Washington's Blog* The Financial Crisis Inquiry Commission is releasing its report ... Along with commentary on day's financial news, it also provides links to the sites with financial and economic news, market data, stock technical analysis, and other relevant information that could potentially affect the financial ...
EX-SKF - http://ex-skf.blogspot.com/
Keiser Report: China + Yuppies = Chuppies (E115) | Gold Futures Prices
@23animanga The “bailout” should have gone towards underwater mortgages through a national mortgage modification program to stabalize the housing market and the economy, but instead the “bailout” was funneled to a few financial elitists' off -shore accounts and bonuses through their ... @squirreljester2 That\s what banks , funds, insurances, and securities doing all the time. Using money to create investment packages that attract more money. Welcome to the “new economy”. ...
Gold Futures Prices - http://goldfuturesprices.org/
Panel says financial crisis avoidable - Yahoo! News
The financial crisis could have been avoided and was the result of poor decision ... The report faults investment banks Bear Stearns, Goldman Sachs, ... For their part, the Democrats on the crisis commission argue that the mortgage giants ... A lost to the taxpayers (Fannie Mae & Freddie Mac for buying the loans). ...
news.yahoo.com/s/nm/.../bs.../us_financial_regulation_fcic
Print - phillyBurbs.com: Home
Banks are still under a lot of pressure from bad home loans. ... Falling bond prices likely hurt fixed income trading results in the fourth quarter, ... Citi received $45 billion in rescue funds during the financial crisis, ... first glimpse to how much the investment bank's employees are likely to make in bonuses. ...
www.phillyburbs.com/news/news...in.../print.html?...
Wall Street firms earn high profits while still owing Uncle Sam
Breaking financial news 24/7 courtesy of TradingCharts.com Inc. / TFC Commodity Charts ... with helping to keep money flowing at the height of the financial crisis, ... of the subprime mortgage meltdown, which crashed the global economy. ... guarantees ensured that bonds that dozens of lenders, investment banks and ...
news.tradingcharts.com/futures/2/6/152123062.html
How to Regulate Mortgage Lending, Part 3
There are financial regulators with a track record of success, regulators who ... regulator investigating the banks whose nonprime loans and CDOs drove the crisis. ... the theory of regulatory capture, 1971, The theory of economic regulation ... of any stock or advise on the suitability of any trade or investment. ...
www.creditwritedowns.com/.../how-to-regulate-mortgage-lend...
New Hit to Strapped States | oolaah
The muni bond market was hit with the latest wave of bad news Thursday, ... The stress is on display at the New Jersey Economic Development Authority, ... amount of these types of loans borrowed the year before, according to Thomson Reuters. Rollover crunches were a major part of the financial crisis, as banks that ...
oolaah.com/?p=16625
Banks say fewer consumer loans are going bad
The bank news comes after a holiday shopping season in which spending was the ... accounts in response to regulations passed after the financial crisis. ... In the economic mess that followed, loan defaults increased sharply for ... The investment bank's chief financial officer, David Viniar, ... Local News · Money ...
www.palmbeachpost.com/.../banks-say-fewer-consumer-loans-...
Goldman earnings fall 53 percent in fourth quarter | Comcast.net
Goldman fell 2.4 percent to $170.48, leading other financial stocks lower. ... In a troubling sign, the bank said its backlog of investment banking ... who say the trades played a role in the financial crisis by allowing banks to take on ... Find the best rates on mortgages, CDs, auto loans, credit cards and more. ...
www.comcast.net/articles/finance/.../US.Earns.Goldman.Sachs/
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