Search results

  1. B

    1.8 million borrowers will lose their homes this year, up from 1.4 million last year

    Indeed, mbs. Indeed.
  2. B

    1.8 million borrowers will lose their homes this year, up from 1.4 million last year

    http://www.washingtonpost.com/wp-dyn/content/article/2009/08/17/AR2009081703035.html?hpid=topnews Unemployment Spike Compounds Foreclosure Crisis By Renae Merle Washington Post Staff Writer Tuesday, August 18, 2009 The country's growing unemployment is overtaking subprime mortgages...
  3. B

    Let's Do A Very Simple Dissection of the Housing Numbers, Shall We? (consumer is RIP)

    http://www.bloomberg.com/apps/news?pid=20601087&sid=a5oDxafZlx2I -" Aug. 18 (Bloomberg) -- Housing starts in the U.S. unexpectedly fell in July, pulled down by multifamily dwellings, while single-family starts which make up most of the industry rose to the highest level since October. The...
  4. B

    Coming Soon: Banking Crisis of Historic Proportions

    Can you spot the criminals & thieves in this picture?
  5. B

    Criminal Banking Syndicates w/absolute sh*t as asset base - Max Keiser on Face Off

    <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/i0s7kl1o3Mc&hl=en&fs=1&"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/i0s7kl1o3Mc&hl=en&fs=1&"...
  6. B

    Coming Soon: Banking Crisis of Historic Proportions

    CONTINUED FROM ABOVE Third Factor: Defaults Are Going to Increase for Several More Quarters With home mortgage foreclosure rates remaining very high (and possibly increasing) and with the bulk of the commercial real estate defaults yet to come, the failure rate of banks is likely to...
  7. B

    Coming Soon: Banking Crisis of Historic Proportions

    Coming Soon: Banking Crisis of Historic Proportions By: John B. Lounsbury Ph.D., CFP http://seekingalpha.com/author/john-lounsbury August 16, 2009 http://seekingalpha.com/article/156269-coming-soon-banking-crisis-of-historic-proportions?source=article_sb_popular With everyone (well...
  8. B

    Economy/stock market forming more parallels with Great Depression

    http://seekingalpha.com/article/156523-is-anyone-else-skittish-about-markets-lately Is Anyone Else Skittish About Markets Lately? by: Craig Brown August 17, 2009 | about: DIA / SPY Is anyone out there just a bit skittish?? I ask as I am seeing a lot of press, yes even mainstream...
  9. B

    Economy/stock market forming more parallels with Great Depression

    Wessel Answers Questions on the Changing Fed A year after Wall Street went into a tailspin, the Fed continues to take unprecedented steps to revive the economy. David Wessel has penned a book about Ben Bernanke and the changing role of the Fed. He answered questions in an Online NewsHour...
  10. B

    Economy/stock market forming more parallels with Great Depression

    http://www.etfguide.com/research/213/8/Is-The-Worst-Really-Over?/ Is The Worst Really Over? By, Simon Maierhofer Aug 17, 2009 Are you a glass half full or half empty kind of a person? More importantly, are you able to discern an empty glass? Wall Street views the stock market through...
  11. B

    Short Companies That Derive Heavy % of Rev from Processed Meats

    http://news.bbc.co.uk/2/hi/health/8202188.stm Don't think this will be a passing thing. More and more parents are going to treat lunch meats, hot dogs and the other toxic crap these companies sell for kids lunches and such like they do cigarettes, especially since they are also proven to be...
  12. B

    single moms barely making it on 300k/year

    If you live on 2k a month or less. 200k income, taxed at ordinary rates, is about 135 to 150k, net, BEFORE state taxes, property taxes, sales tax, etc. That's 11,250 to 12,500 per month, just after federal taxes. Assume (conservatively) another 17% in combined state income taxes...
  13. B

    Evidence of Green Shoots....NOT

    And the auto sector. Green shits!!!!
  14. B

    Fed Extends TALF Program for Commercial Real Estate

    Not just commercial real estate, but the automotive sector, now, too! Pretty soon, the neighbor's kids' lemonade stand will qualify for TALF loans! Green shits! http://www.elitetrader.com/vb/showthread.php?s=&threadid=173530
  15. B

    Green Shits•Fed Extends TALF Program to Bolster Lending for Commercial Prop AND Autos

    There's another post that just mentions commercial real estate, but no, the fed & treasury, in their infinite wisdom, have extended TALF access to the automotive sector, too! Green shoots! Why not just add every business and person in the U.S. (and abroad, for that matter) to the roster of...
  16. B

    •Japan's Economic Recovery May Falter as Companies Cut Investment, Payrolls

    http://www.bloomberg.com/apps/news?pid=20601087&sid=aEoI0GUP57kw Green shits!
  17. B

    Delinquency rate on bank loans up to record 6.49%

    Green shoots! On a serious note, there is bounty of reasons we're headed off the cliff for another Great Depression, and scant few reasons why we could avoid one.
  18. B

    Fed Extends TALF Program for Commercial Real Estate

    Delaying the inevitable crash, just like with RMBSs. The government is distorting markets, delaying equilibrium, clouding outlooks, and doing irreparable damage. The forest fire never allowed to burn leads to a massive inferno, eventually.
  19. B

    New finan'l systemic shock lurking in commercial property; 50% of Value To Be Los

    3.5 trillion in loans, gentlemen, with BSDs already just mailing the keys back on the cream of the crop, best assets, even... - ""As on the residential side, we have similar problems on the commercial side that are just starting to raise their head. "There are some very prestigious owners...
  20. B

    •Foreign Direct Investment in China Falls 35.7% on Global Economic Slump

    Wait, instead of a bad "W," why not an "L?" I'd bet on a 'L' if I had to bet.
Back
Top