Subprime

India's ICICI: UK unit has no US subprime exposure Reuters - USA BO: Quote, Profile, Research, Stock Buzz), India's second-largest lender, said on Monday its UK unit had no exposure to the US subprime credit and 98 ... See all stories on this topic

Inner City Press Subprime Stoked By Deregulation and Bipartisan Greed, not CRA ... Inner City Press - Bronx,NY,USA In fact, community advocates had been telling the Federal Reserve about the dangers of subprime lending since the 1990s. For example, Bronx-based Fair ... See all stories on this topic

Book review: 'Chain of Blame' brings subprime mess to life USA Today - USA The duo home in on the years 2000 to 2007, when executives from Merrill Lynch, Bear Stearns, Lehman Bros. and others provided financing to subprime lenders. ... See all stories on this topic

Subprime fallout a factor in Milken index Milwaukee Journal Sentinel - Milwaukee,WI,USA A key factor for cities moving up in the rankings this year was a lack of subprime loan fallout, DeVol said. Heavy concentrations of technology businesses ... See all stories on this topic

Subprime mortgage suspects Washington Times - Washington,DC,USA There is no more insidious myth than the notion that the subprime-mortgage debacle began on Wall Street and that predatory capitalism was responsible for ... See all stories on this topic

Daring to Say Loans Made No Sense New York Times - United States Nonetheless, he was fascinated as he watched the subprime mess unfold. His dumb question? “Why are they lending money to people who can’t afford to pay it ... See all stories on this topic

US subprime crisis effect on China's banking industry limited ... Insurance News Net (press release) - Harrisburg,PA,USA The worsening US subprime crisis and the subsequent financial market turmoil have produced a limited effect on China's banking industry, said Liu Mingkang, ... See all stories on this topic

No Free Lunch How not to subsidize housing Inquirer.net - Philippines One might say that the subprime crisis that triggered the Wall Street collapse may be traced to the noble US government objective of making housing ... See all stories on this topic

Subprime litigation surges Assuming US lawmakers agree on a $700-billion bank bailout, the financial sector still faces billions of dollars in toxic-asset litigation, and Canadian companies and pension plans are being swept up in the claims. Most Popular Stories - http://www.financialpost.com/most_popular/

Bird and Fortune - Subprime Crisis By acoustiss(acoustiss) Very funny, straightforward and revealing discussion of the subprime crisis by two excellent British comediennes. Acoustiss - http://jim-mckee.blogspot.com/

Foreclosing on the Free Market: How to Remedy the Subprime Catastrophe By Pan-African News Wire(Pan-African News Wire) In January 2008, the American Dialect Society selected 'subprime' as 2007's Word of the Year. 'Everyone is talking about subprime,' said Wayne Glowka, a society spokesman. 'It's affecting all kinds of people in all kinds of places.' ... Pan-African News Wire - http://panafricannews.blogspot.com/

How A Clinton-Era Rule Rewrite Made Subprime Crisis Inevitable By Raoul Among those decisions were changes that let Fannie and Freddie get into subprime loan markets in a big way. Other rule changes gave Fannie and Freddie extraordinary leverage, allowing them to hold just 2.5% of capital to back their ... AMERICA-Where Are You? - http://america-whereareyou.com

Bernanke: no subprime problem… no worries…?? By MataHarley Bernanke Plays Down Threat From Subprime Defaults, by Stephen Wisnefski and Jesse Thomas, WSJ: Federal Reserve Chairman Ben Bernanke said Thursday that the financial system can withstand the fallout from the subprime-mortgage market ... Flopping Aces - http://www.floppingaces.net