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Sorry to hear that you are sick. I'll check kiva when the site goes up.

I am sure that there are a few honest micro-lenders, just not sure which one. On the other hand, I know quite a few reputable charities with a long history of helping the poor. I can go to their web site http://www.kiva.org/ the donation button is working but anything else is not. Why...

Ever since Carmeen bank was awarded the Nobel price, I have been expecting micro-lending to come to Main Street. However, there are some dirty secrets to micro-lending, see here for more discussion http://www.elitetrader.com/vb/showthread.php?threadid=79794 If you have $20 to spare, give...

Some of the ugly facts about micro-credits have been discussed here http://www.elitetrader.com/vb/showthread.php?s=&threadid=78738

Agree. One of the best journals I have read.

And in particular their $100B fund?

The most dangerous places are formerly hot areas. Mid-west will probably do fine.

Looking forward to that.

It is up 7% today.

Thanks for sharing your insight.

That is why I think this is just the beginning of the end. More soft landing to come.

CAR looks dirty cheap on surface. Why investors keep away from it?

The forward P/E is 18 as of today. P/S is 1.2. It's not too cheap. And there is no insider buying.

My research seems to say the momentum strategy did not work in the last two years for large/mid caps (2005, 2006).

In the US the sub prime lending is often associated with predatory lending, as the sub prime borrowers are often better off without the loans. No one would consider a US sub prime lender for a Nobel prize. I believe the sub prime lenders in US will call themselve micro-financers soon and will...

Micro-credit has been a controversy in some countries, e.g. India. Death by Micro Credit (from The Times of India, Sept 16, 2006) Sudhirendar Sharma The tragic suicides by more than 60 self-help group members in Andhra Pradesh during April this year may have been subsumed...

This year's Nobel Peace Prize was given to the guy (Muhammad Yunus )who started the microcredit industry. On the surface, microcredit sounds like a great concept: make loans to these poor people whom the traditional banks will not touch. But, after scratching the surface, I find the whole...

Companies tend to annouce bad news on Friday's close so that by Monday no one will remember.

selective justice

No. Fed cannot. Correlation between short rate and 30-yr mortgage rate is close to zero. However, there are a lot of ARM mortgages whose rates are dependent on the short rates.