Subprime Related News

Subprime Related News 11.19.07

2007-11-19T01:29:00.000-08:00

Swiss Re Writes Down $1.07 Billion on Credit Swaps (Update1) - Bloomberg - Nov 18, 2007
Swiss Re sees 1.2 bln sfr loss from credit underwriting activities - Forbes - Nov 18, 2007
Moody's revises Mizuho outlook to negative - The Asian Banker (subscription) - Nov 18, 2007
Swiss Re Hit by $1 Bln Credit Mkt Insurance Loss - Reuters.uk - Nov 19, 2007
Putnam Touts Alternative Fixed-Income - Institutional Investor (subscription) - Nov 18, 2007
Citigroup Pushes Bank Borrowing Costs Above Companies (Update6) - Bloomberg - Nov 16, 2007
Citigroup Pushes Bank Borrowing Costs Above Companies (Update3) - Bloomberg - Nov 16, 2007
Ambac Financial Group Conference Call with Senior Management - Final - Insurance News Net (press release) - Nov 16, 2007
Event Brief of Q3 2007 ING Groep NV Earnings Conference Call ... - Insurance News Net (press release) - Nov 16, 2007
Dollar Falls as Gulf States Will Discuss Currency Revaluation - Bloomberg - Nov 18, 2007
Private equity gains ground in recruitment wars - but for how long? - FT Alphaville - Nov 18, 2007
Rising stars Newman and Katekis quit F&C for hedge fund world - CityWire.co.uk - Nov 18, 2007
London shares outlook - higher after US rally Friday, financials ... - CNNMoney.com - Nov 18, 2007
Lampson won't play partisan politics - Houston Chronicle - Nov 18, 2007
Wilbur Ross sees 2008 US auto sales below 16 mln - Reuters - Nov 18, 2007
Focus on boe and FOMC minutes - FXstreet.com The Foreign Exchange Market - Nov 18, 2007 Be careful about home improvements - UK Loan News - Nov 18, 2007
Annual Report to shareholders - Sydney Morning Herald - Nov 18, 2007
Mortgage resets will cause pain - Palm Beach Post - Nov 18, 2007
AB Foods, BA, Northern Rock, Burren: UK, Irish Equity Preview - Bloomberg - Nov 19, 2007
Recycling water? It's a gray area - Greensboro News Record - Nov 19, 2007
Michael Y. Cannon Real Estate - MiamiHerald.com - Nov 19, 2007
Bank job a heist or hoax? - MiamiHerald.com - Nov 19, 2007
Noe leads ASU rout of UC Santa Barbara - ASU Web Devil - Nov 19, 2007
The bulls have left the building: Freight analyst - Today's Trucking News - Nov 18, 2007
Weekly Outlook, Nov 19 - Optionetics - Nov 18, 2007
International Markets Report - Business Day - Nov 18, 2007
Goldman Sachs Rakes in Profit in Credit Crisis - New York Times - Nov 18, 2007
They Said What? - Barron's - Nov 18, 2007
Tommy Hilfiger plans Euronext float -paper - Reuters - Nov 18, 2007
Private equity firms face tougher UK rules - report - Thomson Investment Management News (subscription) - Nov 18, 2007
DLF sells 49 stake in projects to PE firms - Financial Express - Nov 18, 2007
Euroshares outlook - up with M&A news from Northern Rock, S&N ... - Euro2day - Nov 18, 2007
Bruising musical chairs on Wall Street - Business Day - Nov 18, 2007
NAR Installs 2008 Officers - Nov 16, 2007
NAR Survey Shows Americans Believe Buying a Home Still a Good Financial Decision - Nov 16, 2007
NAR Survey Shows Consumers Very Satisfied with Agent Performance - Nov 13, 2007
NAR Puts Housing Market in Perspective - Nov 13, 2007
Modest Recovery for Existing-Home Sales in 2008 - Nov 13, 2007
Analyzing cmg's early-mortgage-payoff program - Mortage 101 - Nov 19, 2007
Sacramento's sub-prime silence - Los Angeles Times - Nov 16, 2007
Mortgage resets will cause pain - Palm Beach Post - Nov 18, 2007
US RMBS worth 3.7 bln usd downgraded, 21.53 bln on negative watch ... - ABCmoney.co.uk - Nov 18, 2007
Standard And Poor’s Show Folly Of Fonterra Float - Scoop.co.nz - Nov 18, 2007
Moody's assigns A2 / Prime-1 ratings to Macquarie Group - The Asian Banker (subscription) - Nov 18, 2007
CNN: Anchor let go for poor performance, not race, age - Daily Report - Nov 18, 2007
Winds of change as voters reject former mps - Standard - Nov 18, 2007
Focus on boe and FOMC minutes - FXstreet.com The Foreign Exchange Market - Nov 18, 2007 Yen Advances on US Housing Slump, Gulf Review of Dollar Pegs - Bloomberg - Nov 18, 2007
$ Dollar At a Standstill – Which Way Next? - Daily FX - Nov 18, 2007
EMERGING MARKETS REPORT: Turkey's Star Status In Jeopardy As ... - FXstreet.com The Foreign Exchange Market - Nov 18, 2007
Ways to Play the Downtrodden Dollar - Barron's - Nov 18, 2007
Texas AG urges lenders to take steps to prevent foreclosures - Dallas Morning News - Nov 18, 2007
Fed's Stern: Foreclosures in housing to rise - Reuters - Nov 18, 2007
After foreclosures, crime moves in - Boston Globe - Nov 18, 2007
Foreclosures hit home - News-Herald.com - Nov 18, 2007
The Goldy Standard - Barron's - Nov 18, 2007

Subprime Related News 11.15.07

2007-11-15T01:56:00.000-08:00

Barclays comes out fighting to kill sub prime rumours - CityWire.co.uk - Nov 15, 2007
Commercial Real Estate Lenders Take Hit But Keep Rolling - Retail Traffic - Nov 15, 2007
Barclays Announces Write-Down, Results for Barlcays Capital Unit - Wall Street Journal - Nov 15, 2007
Barclays to reveal sub-prime losses today to end crisis ... - Hemscott - Nov 14, 2007
Barclays to Write Down $2.7 Billion on US Subprime (Update2) - Bloomberg - Nov 15, 2007
Citigroup, Merrill, HSBC Credit-Default Swaps Fall (Update6) - Bloomberg - Nov 14, 2007
Markit Buying Owners of itraxx, CDX Credit Indexes (Update2) - Bloomberg - Nov 14, 2007
Markit says buys IIC, agrees to buy CDS indexco - Reuters.uk - Nov 14, 2007
Markit Buys itraxx Index Owner, Agrees CDX Company Purchase - Bloomberg - Nov 14, 2007
HEARD ON THE STREET - Wall Street Journal - Nov 13, 2007
Understanding the ABX - CNNMoney.com - Nov 14, 2007
Markit consolidates global derivatives indexes and may launch a ... - FinancialWeek (subscription) - Nov 14, 2007
Resolution boutique Cartesian eyes 1 bln stg assets as merger ... - Thomson Investment Management News (subscription) - Nov 14, 2007
Long Treasuries/tlts - FXstreet.com The Foreign Exchange Market - Nov 14, 2007
Risk is still Interesting - FXstreet.com The Foreign Exchange Market - Nov 14, 2007
TOM TEEPEN: HOUSE BILL TO FIX TAX MESS IS ALMOST SURELY DOOMED - The Wichita Eagle - Nov 14, 2007
Steer clear of ‘mass market investing’ - Hindu - Nov 14, 2007
Thursday Newspaper Review - Irish Business News and International ... - FinFacts Ireland - Nov 14, 2007
The dangers of an apology - International Herald Tribune - Nov 14, 2007
Investors 'vital to housing market' - Irish Independent - Nov 14, 2007
Consumer Confidence Plummets Due to Gas Price Hikes, Credit Crunch - Marketing Vox News - Nov 14, 2007
Asian markets fall on Wall Street drop - Prescott Herald - Nov 15, 2007
Hong Kong shares close lower on profit-taking; Mengniu Dairy ... - Forbes - Nov 15, 2007
Ascent Resources Announces Funding and Operational Update - OilVoice (press release) - Nov 15, 2007
Supplying the demand - Jackson Hole Star-Tribune - Nov 15, 2007
Wall Street's bruising musical chairs - MSNBC - Nov 15, 2007
skorean technology shares close lower on credit concern, Internet ... - CNNMoney.com - Nov 15, 2007
Bear Stearns "market perform," target price reduced - newratings.com - Nov 15, 2007
Banks may lose up to $400 bln from US housing woes - Turkish Daily News (subscription) - Nov 15, 2007
Hong Kong shares close lower on profit-taking after nearly 5 pct ... - CNNMoney.com - Nov 15, 2007
Markets: Irish banks hit by torrid session - Irish Independent - Nov 15, 2007
Barclays' bounce - BBC News - Nov 15, 2007
Watch List (Nov. 11-17): Guarded Apprehension for Commercial Demand - CoStar Group - Nov 15, 2007
TFN NEWS BRIEFING: Mergers and acquisitions highlights to 09:20 GMT - Hemscott - Nov 15, 2007
UK small caps open lower; Enova weighed down by increased Q3 losses - Euro2day - Nov 15, 2007
ARM Borrowers Keep Moving To Fixed-Rate Mortgages - Wall Street Journal - Nov 14, 2007
New York Mortgage Trust Announces Completion of Net Deferred Tax ... -NNMoney.com - Nov 14, 2007
Anworth Mortgage Asset Corporation Announces Third Quarter 2007 ... - Trading Markets (press release) - Nov 14, 2007
Avoiding Foreclosure - ABC30.com - Nov 14, 2007
ARM Borrowers Keep Moving To Fixed-Rate Mortgages - Wall Street Journal - Nov 14, 2007
Mccormick buying Lawry's seasonings - Baltimore Sun - Nov 15, 2007
Cleaning up a financial blunder - Allentown Morning Call - Nov 15, 2007
China Glass rating, outlook unaffected by unit relocation - S&P - CNNMoney.com - Nov 15, 2007
The trouble with slogans - Rutland Herald - Nov 15, 2007
Dollar Declines as US Reports May Show Manufacturing Slowed - Bloomberg - Nov 14, 2007
15-11-2007: NZ dollar dips on weak retail sales, bonds firmer - The Edge Daily - Nov 14, 2007
Yen Falls on Speculation Japanese Funds Buying Overseas Assets - Bloomberg - Nov 14, 2007
Dollar weakens against euro in Asian trade - Economic Times - Nov 14, 2007
Yen May End Two-Day Drop as Stock Losses Spur Carry-Trade Exit - Bloomberg - Nov 14, 2007
Nationwide Foreclosures Increase 42%, Foreclosure Listings Grow Daily - PR Web (press release) - Nov 15, 2007
Foreclosures in Delaware County appear to be decreasing - Muncie Star Press - Nov 15, 2007
Foreclosures Hit a Snag for Lenders - New York Times - Nov 14, 2007
US home foreclosures nearly double from a year ago - World Socialist Web Site - Nov 14, 2007

Subprime Related News 11.13.07

2007-11-14T02:34:00.001-08:00

Bond Insurance in the ABS World and ambac's Exposure - Seeking Alpha - Nov 13, 2007
Fortress Investment Group Q3 2007 Earnings Call Transcript - Seeking Alpha - Nov 13, 2007
Credit market problems for US banks may last until 2009; but ... - International Herald Tribune - Nov 13, 2007
jpmorgan CDO Exposure Not a Worry to CEO - Forbes - Nov 13, 2007
Do Britain's banks have ub-prime skeletons hidden in the closet? - Independent - Nov 13, 2007
Citigroup, Merrill Credit Risk Falls as Concerns Ease (Update1) - Bloomberg - Nov 14, 2007
Global Diversified Investment Grade Income Trust - Amendments to ... - Canada NewsWire (press release) - Nov 13, 2007
Global Diversified Investment Grade Income Trust - Amendments to ... - CNW Telbec (Communiqués de presse) - Nov 13, 2007
Citigroup, Merrill Default Swaps Rally; Goldman Eases Concerns - Bloomberg - Nov 13, 2007
HEARD ON THE STREET - Wall Street Journal - Nov 13, 2007
The two UK banks that still look good - MoneyWeek (Subscription) - Nov 13, 2007
BUSINESS BRIEFS - New York Post - Nov 13, 2007
Face to Face - Coronation - Business Day - Nov 13, 2007
India seems fully valued, risk on upside: Baer Cap - Moneycontrol.com - Nov 13, 2007
Amaranth Sues jpmorgan for Disrupting Goldman, Citadel Deals - Bloomberg - Nov 13, 2007
United States Living on Borrowed Time As Housing Bust Could ... - The Market Oracle - Nov 13, 2007
SBC Profit Rises, Countering US Deterioration (Update1) - Bloomberg - Nov 14, 2007
ood and fuel rises hit mortgage cut hopes - Mirror.co.uk - Nov 14, 2007
Buy gold - not buy-to-let - MoneyWeek (Subscription) - Nov 14, 2007
Economic scene: US turmoil has a bright side - International Herald Tribune - Nov 14, 2007
Buying still better than renting - Your Mortgage - Nov 14, 2007
HSBC reports $3.4bn subprime writedown - Financial Times - Nov 14, 2007
HSBC 3Q Net Profit Ahead, Little US Subordinated-Prime Exposure -4- - EasyBourse.com - Nov 14, 2007
Hong Kong shares close sharply higher on Wall St rally, 'through ... - Hemscott - Nov 14, 2007
Cattle growers voice concern about potential threats to livestock - Quay County Sun - Nov 14, 2007
Bear Stearns Are Ripe for European Offers: Matthew Lynn - Bloomberg - Nov 14, 2007
Columbia condo tower faces risks - Baltimore Sun - Nov 14, 2007
Nikkei bounces back from 15-month low - Reuters - Nov 14, 2007
As Wal-Mart goes, so too does the market - Globe and Mail - Nov 14, 2007
Two finalists for DIA hotel site - Denver Post - Nov 14, 2007
UK small caps open sharply higher; Star Energy strong on Petronas bid - CNNMoney.com - Nov 14, 2007
verisign looking to divest units-WSJ - Reuters - Nov 14, 2007
Human resources service provider Ceridian starts work under owners ... - PersonnelToday.com - Nov 14, 2007
Venture-capital financing up in Q3 - Ottawa Citizen - Nov 14, 2007
Debt financing for acquisition of Almatis by Dubai International ... - AME Info (press release) - Nov 14, 2007
NAR Survey Shows Consumers Very Satisfied with Agent Performance - Nov 13, 2007
NAR Puts Housing Market in Perspective - Nov 13, 2007
Modest Recovery for Existing-Home Sales in 2008 - Nov 13, 2007
Housing crisis hits home - Northwest Herald - Nov 13, 2007
MFA Mortgage Investments Sells 2.25 Million Overallotment Shares - Trading Markets (press release) - Nov 13, 2007
Lending Red Flags - WKRC TV Cincinnati - Nov 13, 2007
Fitch Affirms 65 RMBS Classes from 21 Wells Fargo Mortgage Backed ... - PR-Inside.com (Pressemitteilung) - Nov 13, 2007
Mitsubishi's 25 bln yen senior unsecured domestic bonds rated 'A ... - ABCmoney.co.uk - Nov 13, 2007
Asian markets rally with Wall Street as Wal-Mart, Goldman ease ... - CNNMoney.com - Nov 13, 2007
Qantas to Buy $6.3 Billion of Airbus, Boeing Planes (Update4) - Bloomberg - Nov 13, 2007
United States Living on Borrowed Time As Housing Bust Could ... - The Market Oracle - Nov 13, 2007
HM Rivergroup, unit affirmed at 'B-' with stable outlook - S&P - Hemscott - Nov 13, 2007
Posted by: Ian Rowley on November 13 - BusinessWeek - Nov 14, 2007
Short View: Thuds, rebounds and the Fukuda/yen factor - FT Alphaville - Nov 13, 2007
Some consolidation after yesterday's volatility - FXstreet.com The Foreign Exchange Market - Nov 13, 2007
United States Living on Borrowed Time As Housing Bust Could ... - The Market Oracle - Nov 13, 2007
Nov 14 - Close: Investors push kiwi higher - Stuff.co.nz - Nov 13, 2007
Ripple effect is feared from foreclosures - Baltimore Sun - Nov 14, 2007
Real estate update: Finding alternatives to home foreclosures - Tahoe Daily Tribune - Nov 14, 2007
Area No. 3 in nation in foreclosures - San Bernardino Sun - Nov 13, 2007
Local foreclosures rocket - Palm Beach Post - Nov 13, 2007
New Figures Show Foreclosures Rising In Florida, US - WFtv.com - Nov 13, 2007
High-yield bonds head for poor year - Financial News Online US - Nov 13, 2007

Subprime Related News 11/13/07

2007-11-13T09:57:00.000-08:00

CDO, ABS, CMBS, RMBS, and covered bonds

* Genzyme Now Sees Approval Of Synvisc To Be Delayed In The US Until ... - RTT News - Nov 13, 2007
* JP Morgan Chase writedowns of ABS CDOs expected to be manageable ... - Euro2day - Nov 13, 2007
* DAVID WEIDNER'S WRITING ON THE WALL: Denial Isn't Working Anymore ... - CNNMoney.com - Nov 12, 2007
* Fitch downgrades 37.2 bln usd worth of SF CDOs - Forbes - Nov 12, 2007
* Shares of E*Trade Financial down 58%; downgraded to market perform ... - Trading Markets (press release) - Nov 12, 2007

Credit Default Swap / CDS

* E*Trade's Questionable Receivables - Minyanville.com - Nov 13, 2007
* CDS report: The brave trade is to back the banks - FT Alphaville - Nov 13, 2007
* Global Diversified Investment Grade Income Trust - Amendments to ... - Canada NewsWire (press release) - Nov 13, 2007
* Bank Debt Risk Increases in Europe on HSBC Writedown Concerns - Bloomberg - Nov 12, 2007
* Morgan Stanley Marks Down $3.7 Billion, Cuts Outlook (Update5) - Bloomberg - Nov 8, 2007

ABX Index

* The two UK banks that still look good - MoneyWeek (Subscription) - Nov 13, 2007
* Credit crisis takes trading to street level - Gulf News - Nov 9, 2007
* Ben Stein Watch: November 11, 2007 - Conde Nast Portfolio - Nov 11, 2007
* Financial's Burning As CDS and Municipal Bond Markets Explode ... - The Market Oracle - Nov 9, 2007
* Subprime Losses May Reach $400 Billion, Analysts Say (Update5) - Bloomberg - Nov 12, 2007

Hedge Fund News

* Holiday Gift Idea For The Hedgie Who Has Everything - FINalternatives - Nov 13, 2007
* Hedge funds on course for best year since 2003 - Hedge Funds Review Magazine - Nov 13, 2007
* Overstock's Complaint Draws Cross-Complaint - Hedgeworld (subscription) - Nov 13, 2007
* Go Ahead – Sing It! 800-333-ROCK! - My TV20 Detroit - Nov 13, 2007
* Gibson Dunn Promotes 14 Lawyers to Partner - Earthtimes - Nov 13, 2007

Housing Market

* Wall Street gets boost from Wal-Mart - MSNBC - Nov 13, 2007
* Treasurys Wilt as Stocks Hold Gains - Wall Street Journal - Nov 13, 2007
* Credit Crunch Hits UK House Market - Forbes - Nov 13, 2007
* Home Depot posts lower profit, cuts outlook - Guardian Unlimited - Nov 13, 2007
* Dollar slips vs. most major rivals but gains on yen - MarketWatch - Nov 13, 2007

U.S. Subprime Originators

* Feds file briefs for closure of dump - Pacific Daily News - Nov 13, 2007
* Commentary: Vibrant Urban Neighborhoods Need Lower Buildings - Berkeley Daily Planet - Nov 13, 2007
* Nexen Provides Buzzard Update - Market Wire (press release) - Nov 13, 2007
* Three directors quit bug scandal NHS trust - Bexhill Observer - Nov 13, 2007
* Dutchess roads to get state funding - Poughkeepsie Journal - Nov 13, 2007

Bear Stearns, Cheyne Capital and Cambridge Place Investment Management

* E*Trade's Caplan took brokerage into banking, mortgage risk - MarketWatch - Nov 13, 2007
* Daytraders Pay Tribute to Mind-Boggling 100% Trading Streak - Market Wire (press release) - Nov 13, 2007
* Premarket Roundup: Adobe Systems, Orbitz - Forbes - Nov 13, 2007
* 2nd UPDATE: Home Depot's 3Q Net Drops 27%; Cuts Outlook - CNNMoney.com - Nov 13, 2007
* Ahead of the Bell: Smith & Nephew - Forbes - Nov 13, 2007

Private Equity

* General Mills Treasurer Joins Somerset Asset Management - Business Wire (press release) - Nov 13, 2007
* Dollar's tumble to stoke US biz sell-offs - FinancialWeek (subscription) - Nov 13, 2007
* Shanta Gold - Mining MX - Nov 13, 2007
* Stork rejects Dutch court's call for compromise with activist ... - Thomson Investment Management News (subscription) - Nov 13, 2007
* Macquarie puts in highest bid for land parcel B at Marina View - Channel News Asia - Nov 13, 2007

Press Releases National association of realtors

* REALTORS® Convene, Aim to Improve Market Confidence - Nov 12, 2007
* REALTORS® Welcome Home Parker Family of Las Vegas - Nov 12, 2007
* NAR Celebrates 100 Years of Bringing America Home - Nov 12, 2007
* NAR Combats Homelessness Among Veterans - Nov 9, 2007
* NAR Supports Natural Disaster Legislation to Help Property Owners - Nov 9, 2007

Adjustable Rate Mortgage

* Days of getting easy cash are over - Detroit Free Press - Nov 11, 2007
* Will home values recover in 2008 - Deseret News - Nov 11, 2007
* Fed in delicate juggling act - Chicago Sun-Times - Nov 12, 2007
* Housing market has buyers, sellers anxious about future - Lansing State Journal - Nov 12, 2007
* Dream Home or Dream On? Part I - WVLT - Nov 12, 2007

Fitch / Standard & Poor"s / Moody"s

* Germany's L-Bank's outlook raised to positive; ratings affirmed - S&P - ABCmoney.co.uk - Nov 13, 2007
* Peru Seen Receiving Investment Grade Rating Next Year -Economists - EasyBourse.com - Nov 13, 2007
* Ambac Lays Out Current Operations - Forbes - Nov 13, 2007
* Fiserv prepares debt sale, loan for checkfree deal - Bizjournals.com - Nov 13, 2007
* US Mortgage Bank Earnings Will Be Hit In 2008 -S&P - EasyBourse.com - Nov 13, 2007

Yen carry trade

* S.Africa rand firms; Anglo, BHP weaken stocks - Reuters South Africa - Nov 13, 2007
* GLOBAL MARKETS-Investor sentiment turns on Wal-Mart results - Guardian Unlimited - Nov 13, 2007
* Today in Finance for November 13, 2007 - CFO.com Magazine - Nov 13, 2007
* UK Pound Gains Versus Dollar; Recent Decline Seen as Overdone - Bloomberg - Nov 13, 2007
* Dollar falls but market cautious on risk - Reuters.uk - Nov 13, 2007

Foreclosures

* South Florida Foreclosures May Mean Bargains - Local10.com - Nov 13, 2007
* New Figures Show Foreclosures Rising In Florida, US - WFtv.com - Nov 13, 2007
* Despite foreclosures, rents hold steady - Central Valley Business Times - Nov 13, 2007
* Mobilization Grows for the One - Executive Intelligence Review (EIR) - Nov 13, 2007
* Home Foreclosures ... Credit Crunch ... Trouble Brewing for US Economy - Socialist Alternative - Nov 12, 2007

Covenant-lite bonds

* High-Yield Market Poised To Stall - Wall Street Journal - Nov 11, 2007
* Investors call time on junk boom - Financial News Online US - Nov 11, 2007
* Securities & investment banking - Financial News Online US - Nov 11, 2007
* High-Yield Market Poised To Stall - Wall Street Journal - Nov 11, 2007
* Investors call time on junk boom - Financial News Online US - Nov 11, 2007

NY Fed | Fed Funds

* US: 4.49 FedFunds 2007-11-09 NYFed daily fed funds effective rate - Nov 9, 2007
* US: 4.58 FedFunds 2007-11-08 NYFed daily fed funds effective rate - Nov 8, 2007
* US: 4.39 FedFunds 2007-11-07 NYFed daily fed funds effective rate - Nov 7, 2007
* US: 4.22 FedFunds 2007-11-06 NYFed daily fed funds effective rate - Nov 6, 2007
* US: 4.29 FedFunds 2007-11-05 NYFed daily fed funds effective rate - Nov 5, 2007

Subprime Related News

2007-11-12T04:20:00.000-08:00

CDO, ABS, CMBS, RMBS, and covered bonds
Heat is on bond insurers too, with talk of downgrade death spiral - FinancialWeek (subscription) - Nov 12, 2007
Market Report -- In Play (ETFC) - MSN Money - Nov 12, 2007
Wachovia's ratings unaffected by 1.1 bln usd write-down of ABS ... - Forbes - Nov 11, 2007
Wachovia ratings, outlook unaffected by portfolio revaluation ... - Forbes - Nov 11, 2007
Singapore's OCBC says US subprime exposure small; further losses ... - Forbes - Nov 11, 2007

Credit Default Swap / CDS
Q3 2007 Fairfax Financial Holdings Earnings Conference Call - Final - Insurance News Net (press release) - Nov 9, 2007
Event Brief of Q3 2007 Fairfax Financial Holdings Earnings ... - Insurance News Net (press release) - Nov 9, 2007
Q3 2007 Fairfax Financial Holdings Earnings Conference Call - Final - Insurance News Net (press release) - Nov 9, 2007
Event Brief of Q3 2007 Fairfax Financial Holdings Earnings ... - Insurance News Net (press release) - Nov 9, 2007
Q3 2007 Fairfax Financial Holdings Earnings Conference Call - Final - Insurance News Net (press release) - Nov 9, 2007

ABX Index
Fitch Affirms Ratings of Morgan - Ad-Hoc-News (Pressemitteilung) - Nov 8, 2007
Bush Fiddles While The Dollar Burns - Bits of News - Nov 11, 2007
Ben Stein Watch: November 11, 2007 - Conde Nast Portfolio - Nov 11, 2007
Fitch Affirms Ratings of Morgan Stanley; Outlook Remains Negative - PR-Inside.com (Pressemitteilung) - Nov 8, 2007
Ben Stein Watch: November 11, 2007 - Conde Nast Portfolio - Nov 11, 2007

Hedge Fund News
blackrock's Absolute Alpha offering - Moneyextra.com - Nov 12, 2007
Lampert loss - Financial News Online US - Nov 12, 2007
Former Abbey boss swoops on the Rock - This is Money - Nov 12, 2007
Banks' debt fund for distressed securities defers day of reckoning - International Herald Tribune - Nov 12, 2007
Bundchen Proves Buffett-Savvy Paring Dollar Risk for Modeling - Bloomberg - Nov 12, 2007

Housing Market
AM, Mon 12th nov - Inheritance tax changes will 'make little ... - Landlord Expert - Nov 12, 2007
Subprime panic on the Hifgh Street - This is Money - Nov 12, 2007
READER COMMENTS (13) - This is Money - Nov 12, 2007
Southern Cyprus a "victim of its own success" - London Stock Exchange - Nov 12, 2007
Wall Street on economic watch - CNNMoney.com - Nov 12, 2007

U.S. Subprime Originators
Fuel costs portend much pricier mudbugs - New Orleans CityBusiness - Nov 12, 2007
Large-scale lenders survive subprime flop - New Orleans CityBusiness - Nov 12, 2007
The Moral Hazard of Subprime Risk - Seeking Alpha - Nov 12, 2007
Japanese Yen Strengthens To 1 1/2 High Vs. Dollar As Investors ... - AHN - Nov 12, 2007
W.Va. gas industry butts heads with coal, landowners - Daily Mail - Charleston - Nov 12, 2007

Bear Stearns, Cheyne Capital and Cambridge Place Investment Management
Capstead Mortgage Corporation Announces Public Offering of Common ... - dBusinessNews Dallas (press release) - Nov 12, 2007
Opinions mixed on investing abroad - Montreal Gazette - Nov 12, 2007
Valassis sees 3Q jump, no thanks to freestanding inserts - Crain's Detroit Business - Nov 12, 2007
Monday Newspaper Review - Irish Business News and International ... - FinFacts Ireland - Nov 12, 2007
Japan's Topix Drops to a 2-Year Low; Exporters, Banks Lead Fall - Bloomberg - Nov 11, 2007

Private Equity
Trying some new recipes: Cameron Mitchell plans to perfect fresh ... - Trading Markets (press release) - Nov 12, 2007
Banker's Northern Rock salvage plan - Guardian Unlimited - Nov 12, 2007
Stay clear of China's classic equity bubble - Toronto Star - Nov 12, 2007
She'll never tire of her job - Toronto Star - Nov 12, 2007
Sami Mnaymneh and Matthew Sanford Join Milacron’s Board - dBusinessNews Cincinnati (press release) - Nov 12, 2007

Press Releases National association of realtors
NAR Combats Homelessness Among Veterans - Nov 9, 2007
NAR Supports Natural Disaster Legislation to Help Property Owners - Nov 9, 2007
Lawrence Yun Named NAR Chief Economist - Nov 2, 2007
New Print Ad Gives Consumers the Real Facts - Nov 2, 2007
REALTORS® Serve Consumers with Designations, Certifications - Nov 2, 2007

Adjustable Rate Mortgage
Lessons from the housing fallout - Boston Globe - Nov 9, 2007
Scout's honor: America lacks financial responsibility - UT The Daily Texan - Nov 11, 2007
Housing market has buyers, sellers anxious about future - Lansing State Journal - Nov 12, 2007
State takes action to help troubled borrowers - WTHR - Nov 11, 2007
State takes action to help troubled borrowers - WTHR - Nov 11, 2007

Fitch / Standard & Poor"s / Moody"s
NBAD appoints new Head of Retail Banking Group - AME Info - Nov 11, 2007
Stone flooring products available from Bellstone & Slate - Infolink Architecture & Building - Nov 11, 2007
Capital One Financial's outlook cut to stable, 'BBB+' ratings ... - Forbes - Nov 11, 2007
Scottish Re, units' outlook revised to negative from developing - S&P - Forbes - Nov 11, 2007
Polymer Group 'BB-' credit rating affirmed on proposed stock ... - Forbes - Nov 11, 2007

Yen carry trade
Yen Rises to 1 1/2-Year High Against Dollar on Risk Reduction - Bloomberg - Nov 12, 2007
EUR/JPY: Carry trade liquidation pushes yen higher - FXstreet.com The Foreign Exchange Market - Nov 12, 2007
Yen Tests 110.00 as Risk Aversion Reigns-Double Top in Euro? - Daily FX - Nov 12, 2007
Asian stocks sink as exporters suffer - Euro2day - Nov 12, 2007
Is this it For the Carry Trade? - Seeking Alpha - Nov 12, 2007

Foreclosures
The Excitement Is High, Anticipating The Real Estate Workshop ... - PR-Inside.com (Pressemitteilung) - Nov 11, 2007
AUDIO: Foreclosures not as bad as they seem – but will get worse - Central Valley Business Times - Nov 12, 2007
State takes action on foreclosures - Fort Wayne Journal Gazette - Nov 11, 2007
Bankruptcy Law Backfires on Banks as Foreclosures Offset Gains - Bloomberg - Nov 8, 2007
A Foreclosure Eruption - Hartford Business - Nov 11, 2007

Covenant-lite bonds
High-Yield Market Poised To Stall - Wall Street Journal - Nov 11, 2007
Investors call time on junk boom - Financial News Online US - Nov 11, 2007
Securities & investment banking - Financial News Online US - Nov 11, 2007
High-Yield Market Poised To Stall - Wall Street Journal - Nov 11, 2007
Investors call time on junk boom - Financial News Online US - Nov 11, 2007

NY Fed Fed Funds
US: 4.58 FedFunds 2007-11-08 NYFed daily fed funds effective rate - Nov 8, 2007
US: 4.39 FedFunds 2007-11-07 NYFed daily fed funds effective rate - Nov 7, 2007
US: 4.22 FedFunds 2007-11-06 NYFed daily fed funds effective rate - Nov 6, 2007
US: 4.29 FedFunds 2007-11-05 NYFed daily fed funds effective rate - Nov 5, 2007
US: 4.28 FedFunds 2007-11-02 NYFed daily fed funds effective rate - Nov 2, 2007

Subprime Related News 11/11/07

2007-11-11T03:24:00.000-08:00

NY Fed | Fed Funds

US: 4.58 FedFunds 2007-11-08 NYFed daily fed funds effective rate - Nov 8, 2007
US: 4.39 FedFunds 2007-11-07 NYFed daily fed funds effective rate - Nov 7, 2007
US: 4.22 FedFunds 2007-11-06 NYFed daily fed funds effective rate - Nov 6, 2007
US: 4.29 FedFunds 2007-11-05 NYFed daily fed funds effective rate - Nov 5, 2007
US: 4.28 FedFunds 2007-11-02 NYFed daily fed funds effective rate - Nov 2, 2007

Subrprime Related News

2007-11-10T01:39:00.001-08:00

NY Fed | Fed Funds

US: 4.58 FedFunds 2007-11-08 NYFed daily fed funds effective rate - Nov 8, 2007
US: 4.39 FedFunds 2007-11-07 NYFed daily fed funds effective rate - Nov 7, 2007
US: 4.22 FedFunds 2007-11-06 NYFed daily fed funds effective rate - Nov 6, 2007
US: 4.29 FedFunds 2007-11-05 NYFed daily fed funds effective rate - Nov 5, 2007
US: 4.28 FedFunds 2007-11-02 NYFed daily fed funds effective rate - Nov 2, 2007

Subprime Related News

2007-11-09T01:23:00.001-08:00

CDO, ABS, CMBS, RMBS, and covered bonds
Resource Capital Corp. Announces Third Quarter 2007 Operating Results - CNNMoney.com - Nov 8, 2007
Crystal River Reports Third Quarter 2007 Financial Results - CNNMoney.com - Nov 8, 2007
Credit markets cdoh no! - Economist - Nov 8, 2007
Radian Third Quarter 2007 Conference Call - Final - Insurance News Net (press release) - Nov 8, 2007
Q3 2007 Conseco, Inc. Earnings Conference Call - Final - Insurance News Net (press release) - Nov 8, 2007

Credit Default Swap / CDS
Morgan Stanley Marks Down $3.7 Billion, Cuts Outlook (Update5) - Bloomberg - Nov 8, 2007
Movers: Cisco Systems, AIG, Morgan Stanley, Target - BusinessWeek - Nov 8, 2007
CORRECTING and REPLACING espeed Reports Third Quarter 2007 Results - Insurance News Net (press release) - Nov 8, 2007
Radian Third Quarter 2007 Conference Call - Final - Insurance News Net (press release) - Nov 8, 2007
Event Brief of Radian Third Quarter 2007 Conference Call - Final - Insurance News Net (press release) - Nov 8, 2007

ABX Index
Credit markets cdoh no! - Economist - Nov 8, 2007
Banks writedowns aren’t big enough - FT Alphaville - Nov 8, 2007
Ambac Talks Back - Forbes - Nov 6, 2007
Ambac shares rally; co. issues strong response to Morgan Stanley ... - CNNMoney.com - Nov 6, 2007
Credit markets cdoh no! - Economist - Nov 8, 2007

Hedge Funds
Indico Clarifies Proposed Acquisition of Argentinean Oil and Gas ... - Market Wire (press release) - Nov 8, 2007
Bond Insurers Appear Shaky As Credit Climate Worsens - Wall Street Journal - Nov 8, 2007
Have faith: Islamic investing offers strong returns - Medill Reports - Nov 8, 2007
Venture Capital Industry Could Be A 'Victim' Of AMT - CNNMoney.com - Nov 8, 2007
Crisis separates Man Group from the boys - Telegraph.co.uk - Nov 8, 2007

Housing Market
Property sales struggling to overcome slump - New Zealand Herald - Nov 8, 2007
Average household worth $500k - Melbourne Herald Sun - Nov 8, 2007
Increases in new house prices slow down - Vancouver Sun - Nov 8, 2007
Buy-to-let market still booming - Swindon Advertiser - Nov 8, 2007
Labor savings plan welcomed - NEWS.com.au - Nov 8, 2007

U.S. Subprime Originators
HARRINGTON HAS STADLER IN HIS SIGHTS - Sportinglife.co.za - Nov 8, 2007
Ranbaxy puts 78.78 lakh Zenotech shares in escrow account - Trading Markets (press release) - Nov 8, 2007
Athletics (rwire): 2008 Eugene Marathon Going Green - RunnersWeb - Nov 8, 2007
Proactive approach pays off - The Press - Nov 8, 2007
Harvest Energy Announces Third Quarter 2007 Results, Distribution ... - CNNMoney.com - Nov 8, 2007

Bear Stearns, Cheyne Capital and Cambridge Place Investment Management
Two Weeks That Shook The Titans of Wall Street - Wall Street Journal - Nov 8, 2007
Ford sees progress despite economy - DetNews.com - Nov 8, 2007
Cayman Islands hedge fund seeks to skip hearing, win creditor shield - Caribbean Net News - Nov 8, 2007
US Trade Deficit Probably Widened in September on Oil Imports - Bloomberg - Nov 8, 2007
Susquehanna Financial Group Appoints Stephen Velgot to New Post in ... - PR Newswire (press release) - Nov 8, 2007

Private Equity
Fiscal Responsibility Proves Costly - Wall Street Journal - Nov 8, 2007
A $740 million gift for Twiggy - Business Spectator - Nov 8, 2007
Ford, Seeing Progress in Turnaround Plan, Intends to Keep Volvo - New York Times - Nov 8, 2007
Restoration Hardware accepts buyout offer - Marin Independent-Journal - Nov 8, 2007
Centrist Dems in tough spot on Alternative Minimum Tax bill - The Hill - Nov 8, 2007

Press Releases National association of realtors
Lawrence Yun Named NAR Chief Economist - Nov 2, 2007
New Print Ad Gives Consumers the Real Facts - Nov 2, 2007
REALTORS® Serve Consumers with Designations, Certifications - Nov 2, 2007
Good Neighbor Award Winners Do Good Things for Communities - Oct 29, 2007
Nearly 30 Percent of REALTORS® Lack Health Insurance - Oct 26, 2007

Adjustable Rate Mortgage
Freddie Mac: Mortgage Rates Slip In Latest Week - EasyBourse.com - Nov 8, 2007
Ohio to get aggressive with subprime mortgage lenders - USA Today - Nov 8, 2007
Freddie Mac: Mortgage Rates Slip In Latest Week - EasyBourse.com - Nov 8, 2007
Many with adjustable mortages feel pinched, survey finds - Scripps News - Nov 7, 2007
MFA Mortgage Investments, Inc. Announces Pricing of Public ... - CNNMoney.com - Nov 7, 2007

Fitch / Standard & Poor"s / Moody"s
Bon-Ton Stores cut to 'B' on weaker than expected same-store sales ... - Forbes - Nov 8, 2007
Dollar hits record low vs euro on credit fears - Reuters - Nov 8, 2007
Jarden ratings, outlook unaffected by 100 mln usd share buyback ... - Forbes - Nov 8, 2007
S&P upbeat about Thai stock market - Thai News Agency MCOT - Nov 8, 2007
Jarden ratings, outlook unaffected by 100 mln usd share buyback ... - CNNMoney.com - Nov 8, 2007

Yen carry trade
Dollar at Record Low Against Euro on Slowing Growth Outlook - Bloomberg - Nov 8, 2007
NZ Dollar Jumps on Speculation Yield Gap With US Will Widen - Bloomberg - Nov 8, 2007
Dollar weakens as Fed chief sees slowing economy - Guardian Unlimited - Nov 8, 2007
China's Pyramid Scheme Finds Lessons in Japan: William Pesek - Bloomberg - Nov 8, 2007
PRECIOUS METALS: NY Gold Up On Specs, Inflation Fears, Dlr - FXstreet.com The Futures Market - Nov 8, 2007

Foreclosures
Foreclosures Undercutting Social Benefits of Homeownership - Realty Times - Nov 8, 2007
Meeks Hosts Meeting On Foreclosures,Predatory Lending - Wave of Long Island (subscription) - Nov 8, 2007
Foreclosures on the Rise - Black Enterprise - Nov 8, 2007
Increasing foreclosures help boost Dolan’s revenue - Daily Record (subscription) - Nov 8, 2007
Meeks Hosts Meeting On Foreclosures,Predatory Lending - Wave of Long Island (subscription) - Nov 8, 2007

Covenant-lite bonds
The Credit Markets Credit Crunch - Tragedy or Farce - The Market Oracle - Nov 5, 2007
Next Fear: Corporate Debt - Wall Street Journal - Nov 6, 2007
Banks offer discount on Asia's first cov-lite loan - Financial News Online US - Nov 6, 2007
Bearish credit investors reject complex structures - Financial News (subscription) - Oct 7, 2007
The Credit Markets Credit Crunch - Tragedy or Farce - The Market Oracle - Nov 5, 2007

NY Fed Fed Funds
US: 4.39 FedFunds 2007-11-07 NYFed daily fed funds effective rate - Nov 7, 2007
US: 4.22 FedFunds 2007-11-06 NYFed daily fed funds effective rate - Nov 6, 2007
US: 4.29 FedFunds 2007-11-05 NYFed daily fed funds effective rate - Nov 5, 2007
US: 4.28 FedFunds 2007-11-02 NYFed daily fed funds effective rate - Nov 2, 2007
US: 4.59 FedFunds 2007-11-01 NYFed daily fed funds effective rate - Nov 1, 2007

Subprime Related News

2007-11-08T01:45:00.001-08:00

CDO, ABS, CMBS, RMBS, and covered bonds
Citi’s New Subprime Manager: The Memo - New York Times - Nov 6, 2007
Morgan Stanley to post $3 bln to $6 bln in write-downs: analysts - International Business Times - Nov 6, 2007
Oversea-Chinese 3rd-quarter profit below estimates - International Herald Tribune - Nov 6, 2007
HEARD ON THE STREET - Wall Street Journal - Nov 6, 2007
ocbc's Net Climbs 22% Despite CDO Write-Down - Wall Street Journal - Nov 6, 2007

Credit Default Swap / CDS
Microsoft Reportedly Fires Chief Information Officer For Violation ... - RTT News - Nov 6, 2007
Assured Guaranty Ltd. Reports Third Quarter 2007 Net Loss Due to ... - WELT ONLINE - Nov 6, 2007
Housing Bubble and Real Estate Market Tracker - Seeking Alpha - Nov 6, 2007
FN Analsysis: BNP Paribas announcement sent markets into tailspin - Financial News Online US - Nov 5, 2007
Assured Guaranty Ltd. Reports Third Quarter 2007 Net Loss Due to ... - WELT ONLINE - Nov 6, 2007

ABX Index
Ambac Talks Back - Forbes - Nov 6, 2007
Ambac shares rally; co. issues strong response to Morgan Stanley ... - CNNMoney.com - Nov 6, 2007
Plunging markets fear a meltdown - Telegraph.co.uk - Nov 5, 2007
Ambac shares rally; co. issues strong response to Morgan Stanley ... - CNNMoney.com - Nov 6, 2007
US subprime mess could cost $1 trillion - Livemint - Nov 6, 2007

Hedge Funds
Editorial: gop's electoral initiative rears its head again - Sacramento Bee - Nov 7, 2007
Nasdaq takes the shortcut option with Philly deal - FT Alphaville - Nov 7, 2007
Remote Meeting Technologies' Be There Anywhere Remote ... - PR Web (press release) - Nov 7, 2007
Dubai borrows $1.26bn to pay for hedge fund - ArabianBusiness.com - Nov 7, 2007
Big names blow millions on Basis Capital - Business Spectator - Nov 6, 2007

Housing Market
Northern Rock rescue stalled by scale of emergency loans - AccountingWEB.co.uk - Nov 6, 2007
Goldman's Record Pay Tops Bear Stearns's Shrinking Market Value - Bloomberg - Nov 6, 2007
Hire a babysitter and hit town to save the economy - Irish Independent - Nov 6, 2007
Housing crisis set to worsen - Courier Mail - Nov 6, 2007
Ben Bernanke Prepares Money Helicopter as Credit Contraction Begins - Daily Reckoning - Australian Edition - Nov 6, 2007

U.S. Subprime Originators
Beware the “uber leveraged” trio — Barclays, RBS and Deutsche - FT Alphaville - Nov 7, 2007
Scouts help thirsty animals - Gainesville Times - Nov 7, 2007
Drink think - News & Observer - Nov 7, 2007
[Pro Hoops] Topic: Random Thoughts on NBA teams thus far..... - Covers - Nov 7, 2007
Centrica, statoilhydro and CCC sign mou for - Hemscott - Nov 7, 2007

Bear Stearns, Cheyne Capital and Cambridge Place Investment Management
LINK Financial Completes Groundbreaking $125m Multi-Year Partnership - Earthtimes - Nov 7, 2007
Citigroup brings in new man to fix subprime mess - Business Day - Nov 7, 2007
Deutsche Telekom Client Losses Threaten Rank as Europe's No. 1 - Bloomberg - Nov 7, 2007
Wednesday Newspaper Review - Irish Business News and International ... - FinFacts Ireland - Nov 6, 2007
Goldman Pay Tops Bear Stearns's Slumping Market Value (Update1) - Bloomberg - Nov 6, 2007

Private Equity
European Capital Reports euro 0.21 NOI and euro 0.21 Realised ... - PR Newswire (press release) - Nov 6, 2007
RE: The Longitudinal Lesson Of Paul Krugman - Scoop.co.nz - Nov 6, 2007
GM to take $39B noncash charge - San Jose Mercury News - Nov 6, 2007
Triveni Eng mulls fund raising - Myiris.com - Nov 6, 2007
Orleans Homebuilders Reports Results for First Quarter 2008 - CNNMoney.com - Nov 6, 2007

Press Releases National association of realtors
Lawrence Yun Named NAR Chief Economist - Nov 2, 2007
New Print Ad Gives Consumers the Real Facts - Nov 2, 2007
REALTORS® Serve Consumers with Designations, Certifications - Nov 2, 2007
Good Neighbor Award Winners Do Good Things for Communities - Oct 29, 2007
Nearly 30 Percent of REALTORS® Lack Health Insurance - Oct 26, 2007

Adjustable Rate Mortgage
US mortgage crisis: Readers' stories - BBC News - Nov 6, 2007
TX Attorney General Urges Top Lenders, Loan Servicers to Address ... - KTEN - Nov 6, 2007
Tales of woe play out at record foreclosure auctions - Atlanta Journal Constitution - Nov 6, 2007
Fitch Rates Asset Backed Funding - Ad-Hoc-News (Pressemitteilung) - Nov 5, 2007
First State Bank Participates in ICBA National Community Bank ... - HNN Huntingtonnews.net - Nov 6, 2007

Fitch / Standard & Poor"s / Moody"s
Missouri Achieves Highest Bond Rating From Three National Agencies - Missourinet.com - Nov 6, 2007
High-Priced Oil Adds Volatility to Power Scramble - New York Times - Nov 6, 2007
US stocks: Wall St gains with energy shares, Cisco - Sify - Nov 6, 2007
Cut your debts — or get sunk in the cash storm - Khaleej Times - Nov 6, 2007
Philippine shares firmer in early trade led by PLDT, miners - CNNMoney.com - Nov 6, 2007

Yen carry trade
RBA increase interest rates by 25 basis points - FXstreet.com The Foreign Exchange Market - Nov 6, 2007
Dollar at new lows vs euro - Daily Times - Nov 6, 2007
NZ Dollar Gains on Prospect Higher Employment to Boost Rates - Bloomberg - Nov 6, 2007
Forex- Dollar gains vs yen on speculation Japan to keep rates ... - FXstreet.com The Foreign Exchange Market - Nov 6, 2007
The US economic calendar will begin on Monday with the release of ... - FXstreet.com The Foreign Exchange Market - Nov 5, 2007

Foreclosures
Foreclosures' plunder cited - Palm Beach Post - Nov 6, 2007
Foreclosures net Sullivan $1.39M - Times Herald-Record - Nov 6, 2007
Mortgage foreclosures up in county, state - Journal Times - Nov 6, 2007
New Illinois Law to Help Protect Homeowners From Foreclosures - Earthtimes - Nov 6, 2007
New Illinois Law to Help Protect Homeowners From Foreclosures - Earthtimes - Nov 6, 2007

Covenant-lite bonds
Banks offer discount on Asia's first cov-lite loan - Financial News Online US - Nov 6, 2007
Bearish credit investors reject complex structures - Financial News (subscription) - Oct 7, 2007
The Credit Markets Credit Crunch - Tragedy or Farce - The Market Oracle - Nov 5, 2007
Japanese LBOs - Euro2day - Oct 30, 2007
Financial News: Banks Prepare Asia's First Covenant-Lite Loan - CNNMoney.com - Oct 16, 2007

NY Fed Fed Funds
US: 4.29 FedFunds 2007-11-05 NYFed daily fed funds effective rate - Nov 5, 2007
US: 4.28 FedFunds 2007-11-02 NYFed daily fed funds effective rate - Nov 2, 2007
US: 4.59 FedFunds 2007-11-01 NYFed daily fed funds effective rate - Nov 1, 2007
US: 4.60 FedFunds 2007-10-31 NYFed daily fed funds effective rate - Oct 31, 2007
US: 4.78 FedFunds 2007-10-30 NYFed daily fed funds effective rate - Oct 30, 2007

Subprime Related News

2007-11-07T01:29:00.000-08:00

CDO, ABS, CMBS, RMBS, and covered bonds
Citi’s New Subprime Manager: The Memo - New York Times - Nov 6, 2007
Morgan Stanley to post $3 bln to $6 bln in write-downs: analysts - International Business Times - Nov 6, 2007
Oversea-Chinese 3rd-quarter profit below estimates - International Herald Tribune - Nov 6, 2007
HEARD ON THE STREET - Wall Street Journal - Nov 6, 2007
ocbc's Net Climbs 22% Despite CDO Write-Down - Wall Street Journal - Nov 6, 2007

Credit Default Swap / CDS
Microsoft Reportedly Fires Chief Information Officer For Violation ... - RTT News - Nov 6, 2007
Assured Guaranty Ltd. Reports Third Quarter 2007 Net Loss Due to ... - WELT ONLINE - Nov 6, 2007
Housing Bubble and Real Estate Market Tracker - Seeking Alpha - Nov 6, 2007
FN Analsysis: BNP Paribas announcement sent markets into tailspin - Financial News Online US - Nov 5, 2007
Assured Guaranty Ltd. Reports Third Quarter 2007 Net Loss Due to ... - WELT ONLINE - Nov 6, 2007

ABX Index
Ambac Talks Back - Forbes - Nov 6, 2007
Ambac shares rally; co. issues strong response to Morgan Stanley ... - CNNMoney.com - Nov 6, 2007
Plunging markets fear a meltdown - Telegraph.co.uk - Nov 5, 2007
Ambac shares rally; co. issues strong response to Morgan Stanley ... - CNNMoney.com - Nov 6, 2007
US subprime mess could cost $1 trillion - Livemint - Nov 6, 2007

Hedge Funds
Editorial: gop's electoral initiative rears its head again - Sacramento Bee - Nov 7, 2007
Nasdaq takes the shortcut option with Philly deal - FT Alphaville - Nov 7, 2007
Remote Meeting Technologies' Be There Anywhere Remote ... - PR Web (press release) - Nov 7, 2007
Dubai borrows $1.26bn to pay for hedge fund - ArabianBusiness.com - Nov 7, 2007
Big names blow millions on Basis Capital - Business Spectator - Nov 6, 2007

Housing Market
Northern Rock rescue stalled by scale of emergency loans - AccountingWEB.co.uk - Nov 6, 2007
Goldman's Record Pay Tops Bear Stearns's Shrinking Market Value - Bloomberg - Nov 6, 2007
Hire a babysitter and hit town to save the economy - Irish Independent - Nov 6, 2007
Housing crisis set to worsen - Courier Mail - Nov 6, 2007
Ben Bernanke Prepares Money Helicopter as Credit Contraction Begins - Daily Reckoning - Australian Edition - Nov 6, 2007

U.S. Subprime Originators
Beware the “uber leveraged” trio — Barclays, RBS and Deutsche - FT Alphaville - Nov 7, 2007
Scouts help thirsty animals - Gainesville Times - Nov 7, 2007
Drink think - News & Observer - Nov 7, 2007
[Pro Hoops] Topic: Random Thoughts on NBA teams thus far..... - Covers - Nov 7, 2007
Centrica, statoilhydro and CCC sign mou for - Hemscott - Nov 7, 2007

Bear Stearns, Cheyne Capital and Cambridge Place Investment Management
LINK Financial Completes Groundbreaking $125m Multi-Year Partnership - Earthtimes - Nov 7, 2007
Citigroup brings in new man to fix subprime mess - Business Day - Nov 7, 2007
Deutsche Telekom Client Losses Threaten Rank as Europe's No. 1 - Bloomberg - Nov 7, 2007
Wednesday Newspaper Review - Irish Business News and International ... - FinFacts Ireland - Nov 6, 2007
Goldman Pay Tops Bear Stearns's Slumping Market Value (Update1) - Bloomberg - Nov 6, 2007

Private Equity
European Capital Reports euro 0.21 NOI and euro 0.21 Realised ... - PR Newswire (press release) - Nov 6, 2007
RE: The Longitudinal Lesson Of Paul Krugman - Scoop.co.nz - Nov 6, 2007
GM to take $39B noncash charge - San Jose Mercury News - Nov 6, 2007
Triveni Eng mulls fund raising - Myiris.com - Nov 6, 2007
Orleans Homebuilders Reports Results for First Quarter 2008 - CNNMoney.com - Nov 6, 2007

Press Releases National association of realtors
Lawrence Yun Named NAR Chief Economist - Nov 2, 2007
New Print Ad Gives Consumers the Real Facts - Nov 2, 2007
REALTORS® Serve Consumers with Designations, Certifications - Nov 2, 2007
Good Neighbor Award Winners Do Good Things for Communities - Oct 29, 2007
Nearly 30 Percent of REALTORS® Lack Health Insurance - Oct 26, 2007

Adjustable Rate Mortgage
US mortgage crisis: Readers' stories - BBC News - Nov 6, 2007
TX Attorney General Urges Top Lenders, Loan Servicers to Address ... - KTEN - Nov 6, 2007
Tales of woe play out at record foreclosure auctions - Atlanta Journal Constitution - Nov 6, 2007
Fitch Rates Asset Backed Funding - Ad-Hoc-News (Pressemitteilung) - Nov 5, 2007
First State Bank Participates in ICBA National Community Bank ... - HNN Huntingtonnews.net - Nov 6, 2007

Fitch / Standard & Poor"s / Moody"s
Missouri Achieves Highest Bond Rating From Three National Agencies - Missourinet.com - Nov 6, 2007
High-Priced Oil Adds Volatility to Power Scramble - New York Times - Nov 6, 2007
US stocks: Wall St gains with energy shares, Cisco - Sify - Nov 6, 2007
Cut your debts — or get sunk in the cash storm - Khaleej Times - Nov 6, 2007
Philippine shares firmer in early trade led by PLDT, miners - CNNMoney.com - Nov 6, 2007

Yen carry trade
RBA increase interest rates by 25 basis points - FXstreet.com The Foreign Exchange Market - Nov 6, 2007
Dollar at new lows vs euro - Daily Times - Nov 6, 2007
NZ Dollar Gains on Prospect Higher Employment to Boost Rates - Bloomberg - Nov 6, 2007
Forex- Dollar gains vs yen on speculation Japan to keep rates ... - FXstreet.com The Foreign Exchange Market - Nov 6, 2007
The US economic calendar will begin on Monday with the release of ... - FXstreet.com The Foreign Exchange Market - Nov 5, 2007

Foreclosures
Foreclosures' plunder cited - Palm Beach Post - Nov 6, 2007
Foreclosures net Sullivan $1.39M - Times Herald-Record - Nov 6, 2007
Mortgage foreclosures up in county, state - Journal Times - Nov 6, 2007
New Illinois Law to Help Protect Homeowners From Foreclosures - Earthtimes - Nov 6, 2007
New Illinois Law to Help Protect Homeowners From Foreclosures - Earthtimes - Nov 6, 2007

Covenant-lite bonds
Banks offer discount on Asia's first cov-lite loan - Financial News Online US - Nov 6, 2007
Bearish credit investors reject complex structures - Financial News (subscription) - Oct 7, 2007
The Credit Markets Credit Crunch - Tragedy or Farce - The Market Oracle - Nov 5, 2007
Japanese LBOs - Euro2day - Oct 30, 2007
Financial News: Banks Prepare Asia's First Covenant-Lite Loan - CNNMoney.com - Oct 16, 2007

NY Fed | Fed Funds
US: 4.29 FedFunds 2007-11-05 NYFed daily fed funds effective rate - Nov 5, 2007
US: 4.28 FedFunds 2007-11-02 NYFed daily fed funds effective rate - Nov 2, 2007
US: 4.59 FedFunds 2007-11-01 NYFed daily fed funds effective rate - Nov 1, 2007
US: 4.60 FedFunds 2007-10-31 NYFed daily fed funds effective rate - Oct 31, 2007
US: 4.78 FedFunds 2007-10-30 NYFed daily fed funds effective rate - Oct 30, 2007

Subprime Related News

2007-11-06T01:00:00.000-08:00

CDO, ABS, CMBS, RMBS, and covered bonds
Worst ahead for subprime mess: ABS East panel - Reuters - Nov 5, 2007
Subprime mortgage woes curb attendance at ABS East - Reuters - Nov 5, 2007
RAM Holdings Ltd. Q3 2007 Earnings Call Transcript - Seeking Alpha - Nov 5, 2007
Fitch: Market Value ABCP - Ad-Hoc-News (Pressemitteilung) - Nov 5, 2007
Citigroup: Matters Get Worse - Seeking Alpha - Nov 5, 2007

Credit Default Swap / CDS
FN Analsysis: BNP Paribas announcement sent markets into tailspin - Financial News Online US - Nov 5, 2007
【页面调色版 - 金融界 - Nov 5, 2007
Treasurys pause from recent sharp runup - CNNMoney.com - Nov 5, 2007
Treasurys stall after Citi rally - CNNMoney.com - Nov 5, 2007
Citigroup Default Swaps Rise to Record on Writedowns (Update2) - Bloomberg - Nov 5, 2007

ABX Index
From ripple to tsunami - Business Spectator - Nov 5, 2007
Plunging markets fear a meltdown - Telegraph.co.uk - Nov 5, 2007
Risk rises for CMB securities Shanny Basar and Renée Schultes - Financial News Online US - Nov 5, 2007
Who Knows What Evil Lurks Within The Hearts Of Credit Instruments ... - DealBreaker.Com - Nov 5, 2007
Why measuring the extent of subprime’s losses is so difficult - FT Alphaville - Nov 5, 2007

Hedge Funds
Investment banks facing new writedowns - Brocktown News - Nov 6, 2007
MSCI US Equity Indices November 2007 Semi-Annual Index Review - dBusinessNews New York (press release) - Nov 6, 2007
Supermodel Bündchen joins hedge funds in dumping dollars - Seattle Times - Nov 6, 2007
The British Empire's Sex Toys: Second Life and Virtual Worlds - Executive Intelligence Review (EIR) - Nov 6, 2007
Riskdata releases next version of hedge fund risk solution hedgix - HedgeWeek - Nov 6, 2007

Housing Market
The US economic calendar will begin on Monday with the release of ... - FXstreet.com The Foreign Exchange Market - Nov 5, 2007
Tuesday Newspaper Review - Irish Business News and International ... - FinFacts Ireland - Nov 5, 2007
Property: House Prices Set To Fall - Sky News - Nov 5, 2007
Interest Rates: The Looming X Factor - Realty Times - Nov 5, 2007
Sarko, voici “the land of optimism” - de defensa - Nov 5, 2007

U.S. Subprime Originators
Jack’s the lad for Warminster Highbury - Wiltshire Times - Nov 5, 2007
Huet Solid In 2-0 Shutout - WBEN 930 - Nov 5, 2007
Sullivan DA: THP Trooper won't be charged in connection to Scott ... - Kingsport Times News - Nov 5, 2007
On This Day - Sify - Nov 5, 2007
HSBC to buy stake in S.Korea Hana's insurer-report - Reuters - Nov 5, 2007

Bear Stearns, Cheyne Capital and Cambridge Place Investment Management
MFA Mortgage Investments To Offer 15 Million Common Shares - Trading Markets (press release) - Nov 5, 2007
Valeant Pharma hits new low on downgrade - BusinessWeek - Nov 5, 2007
Citigroup casts shadow over stocks - Moneyweb - Nov 5, 2007
No More Bench Strength - New York Times - Nov 5, 2007
Markets slide on Citi write-down, credit woes - International Business Times - Nov 5, 2007

Private Equity
Ford prioritises 3 bids in battle for Jaguar and - Hemscott - Nov 5, 2007
Union urges Ford: Protect our members in any sale - ic CheshireOnline - Nov 5, 2007
ETA Star voted as a Superbrand - Business Intelligence Middle East (press release) - Nov 5, 2007
Takeover lifts Nufarm shares 23pc - North Queensland Register - Nov 5, 2007
Market rallies despite US - Courier Mail - Nov 5, 2007

Press Releases National association of realtors
Lawrence Yun Named NAR Chief Economist - Nov 2, 2007
New Print Ad Gives Consumers the Real Facts - Nov 2, 2007
REALTORS® Serve Consumers with Designations, Certifications - Nov 2, 2007
Good Neighbor Award Winners Do Good Things for Communities - Oct 29, 2007
Nearly 30 Percent of REALTORS® Lack Health Insurance - Oct 26, 2007

Adjustable Rate Mortgage
Fitch Rates indymac MBS INDX $1.9 Billion, Series 2007-AR21IP - Business Wire (press release) - Nov 5, 2007
MFA Mortgage Investments, Inc. Announces Public Offering of Common ... - CNNMoney.com - Nov 5, 2007
Act now before losing home - DetNews.com - Nov 4, 2007
State foreclosures up 38 percent in October - Bizjournals.com - Nov 5, 2007
Subprime bailouts: Chump check - CNNMoney.com - Nov 5, 2007

Fitch / Standard & Poor"s / Moody"s
Pakistan braces for new anti-emergency protests - Reuters India - Nov 6, 2007
Noble Group to report 2007 Third Quarter results on 12th Nov - Antara (press release) - Nov 6, 2007
Pakistan braces for new anti-emergency protests - Washington Post - Nov 6, 2007
Uncertainty is a drag on Citigroup - Los Angeles Times - Nov 6, 2007
World's biggest bank seeks the end to its spiral and a new boss - Guardian Unlimited - Nov 5, 2007

Yen carry trade
The US economic calendar will begin on Monday with the release of ... - FXstreet.com The Foreign Exchange Market - Nov 5, 2007
The US economic calendar will begin on Tuesday with the release of ... - FXstreet.com The Foreign Exchange Market - Nov 5, 2007
06-11-2007: stanchart targets to manage RM3.38b assets in 1Q08 - The Edge Daily - Nov 5, 2007
Beware Of Global Currency Intervention - FN Arena News - Nov 5, 2007
Yen Strengthens as Writedowns Spur Reduction in Carry Trade - Bloomberg - Nov 5, 2007

Foreclosures
Borrowers Face Dubious Charges in Foreclosures - New York Times - Nov 5, 2007
Mortgage meltdown pace may be slowing says Foreclosures.com - Central Valley Business Times - Nov 5, 2007
State foreclosures surge in October - Wisbusiness.com - Nov 5, 2007
Foreclosures cost cities time, money - Minneapolis Star Tribune (subscription) - Nov 5, 2007
Borrowers Face Dubious Charges in Foreclosures - New York Times - Nov 5, 2007

Covenant-lite bonds
The Credit Markets Credit Crunch - Tragedy or Farce - The Market Oracle - Nov 5, 2007
Japanese LBOs - Euro2day - Oct 30, 2007
Financial News: Banks Prepare Asia's First Covenant-Lite Loan - CNNMoney.com - Oct 16, 2007
Financial News: Banks Prepare Asia's First Covenant-Lite Loan - CNNMoney.com - Oct 16, 2007
Financial News: Banks Prepare Asia's First Covenant-Lite Loan - CNNMoney.com - Oct 16, 2007

NY Fed | Fed Funds
US: 4.28 FedFunds 2007-11-02 NYFed daily fed funds effective rate - Nov 2, 2007
US: 4.59 FedFunds 2007-11-01 NYFed daily fed funds effective rate - Nov 1, 2007
US: 4.60 FedFunds 2007-10-31 NYFed daily fed funds effective rate - Oct 31, 2007
US: 4.78 FedFunds 2007-10-30 NYFed daily fed funds effective rate - Oct 30, 2007
US: 4.84 FedFunds 2007-10-29 NYFed daily fed funds effective rate - Oct 29, 2007

Subprime Related News

2007-11-05T04:57:00.000-08:00

CDO, ABS, CMBS, RMBS, and covered bonds
Just how toxic are our high street banks? - CityWire.co.uk - Nov 5, 2007
Slicing and dicing Citi’s subprime exposure - FT Alphaville - Nov 5, 2007
The Citi Tsunami - BBC News - Nov 4, 2007
Gilead Reveals Phase I Data For GS 9190, An Experimental Compound ... - RTT News - Nov 4, 2007
TEXT - Citigroup sees large write-down - Reuters - Nov 4, 2007

Credit Default Swap / CDS
Road to ruin - Asia Times Online - Nov 5, 2007
Just how toxic are our high street banks? - CityWire.co.uk - Nov 5, 2007
Buffett Scores With Derivatives - Wall Street Journal - Nov 4, 2007
Company Debt Risk in US Reaches 8-Week High on Merrill Losses - Bloomberg - Nov 2, 2007
Second bout of credit correction looms - Financial News Online US - Nov 2, 2007

ABX Index
Why measuring the extent of subprime’s losses is so difficult - FT Alphaville - Nov 5, 2007
Second bout of credit correction looms - Financial News Online US - Nov 2, 2007
The Short View: Citigroup - Financial Times - Nov 1, 2007
* At Market Close - Wall Street Journal - Nov 1, 2007
Paulson Hedge Funds Cut Subprime-Mortgage Bets, Extend Gains - Bloomberg - Nov 1, 2007

Hedge Funds
Institutions stabilise Gulf - AME Info - Nov 4, 2007
SEC probes how Merrill Lynch hid its risk exposure - Business Report - Nov 4, 2007
Oil's Recent Rise Not as Familiar as It Looks - Washington Post - Nov 4, 2007
Between the Lines: Candidates call for a change - JMU The Breeze - Nov 4, 2007
Yen Rises as Citigroup Writedown Prompts Carry Trade Reduction - Bloomberg - Nov 4, 2007

Housing Market
Off with their heads - Asia Times Online - Nov 5, 2007
Prime London house prices halt - InTheNews.co.uk - Nov 5, 2007
Cooling house market "not catastrophe": report - Expatica Spain - Nov 5, 2007
Interest rate monitor - InTheNews.co.uk - Nov 5, 2007
AM, Mon 5th Nov - What will Santa bring investors this Christmas? - Landlord Expert - Nov 5, 2007

U.S. Subprime Originators
Ensign Energy Services Inc. - 2007 Third Quarter Earnings - Canada NewsWire (press release) - Nov 5, 2007
Blueprint Secures Additional Funding to Expand Presence in US Market - Earthtimes - Nov 5, 2007
US Stock-Index Futures Decline; Bear Stearns Drops in Europe - Bloomberg - Nov 5, 2007
Western Standard Energy Corp. Announces Shallow Gas Structure - Hydrocarbon Online (press release) - Nov 5, 2007
encore buoyant as Breagh drilling reveals significant gas shows - SmallCapNews.co.uk - Nov 5, 2007

Bear Stearns, Cheyne Capital and Cambridge Place Investment Management
US Stock-Index Futures Decline; Bear Stearns Drops in Europe - Bloomberg - Nov 5, 2007
Munich Re Third-Quarter Profit Rises 69% on Tax Gain (Update3) - Bloomberg - Nov 5, 2007
Citigroup chief executive quits - Mirror.co.uk - Nov 5, 2007
ecb's rate-increase cycle may be over - International Herald Tribune - Nov 5, 2007
Darling Says UK Banks Will Curtail Lending, Profits (Update1) - Bloomberg - Nov 5, 2007

Private Equity
Community leaders think big, deliver bigger - St. Petersburg Times - Nov 4, 2007
Blackstone effect...Hotel Leela shares surge 15% - India Infoline.com - Nov 4, 2007
AHLSTRÖM CAPITAL: Ahlström Capital appoints new President and CEO - Kauppalehti (press release) - Nov 4, 2007
Deals of the day -- mergers and acquisitions - Reuters - Nov 4, 2007
Prince gives up his crown at Citigroup - Reuters - Nov 4, 2007

Press Releases National association of realtors
Lawrence Yun Named NAR Chief Economist - Nov 2, 2007
New Print Ad Gives Consumers the Real Facts - Nov 2, 2007
REALTORS® Serve Consumers with Designations, Certifications - Nov 2, 2007
Good Neighbor Award Winners Do Good Things for Communities - Oct 29, 2007
Nearly 30 Percent of REALTORS® Lack Health Insurance - Oct 26, 2007

Adjustable Rate Mortgage
October Sets Record For Wisconsin Home Foreclosures - WISN.com - Nov 4, 2007
Peter Boutell, Lending a Hand: Fixed mortgage rates are the best buy - Santa Cruz Sentinel - Nov 4, 2007
Peter Boutell, Lending a Hand: Fixed mortgage rates are the best buy - Santa Cruz Sentinel - Nov 4, 2007
Rogers questions mortgage measure - Livingston Daily - Nov 4, 2007
Learn the lingo of the local real estate market - Staunton News Leader - Nov 4, 2007

Fitch / Standard & Poor"s / Moody"s
Global Stocks, US Futures Drop; socgen, Bear Stearns Decline - Bloomberg - Nov 5, 2007
Citigroup put on negative watch - S&P - Forbes - Nov 5, 2007
Romania's outlook cut to negative from stable - S&P - CNNMoney.com - Nov 5, 2007
Weill's Profit Machine Breaks Down on Citi Writedowns (Update2) - Bloomberg - Nov 5, 2007
Fitch cuts Citigroup debt rating; S&P may follow - Reuters - Nov 5, 2007

Yen carry trade
Yen Rises as Citigroup Writedown Prompts Carry Trade Reduction - Bloomberg - Nov 4, 2007
Non Farm Payrolls provides temporary relief on the dollar as ... - FXstreet.com The Foreign Exchange Market - Nov 4, 2007
Business Times Singapore Investment Roundtable: Asian Stock ... - The Market Oracle - Nov 4, 2007
Forex Weekly Review and Outlook − Dollar Tumbled Again Despite ... - FXstreet.com The Foreign Exchange Market - Nov 3, 2007
Dollar Falls to Record Low Versus Euro as Credit Concern Rises - Bloomberg - Nov 2, 2007

Foreclosures
Lease Options plus Soaring Foreclosures Equal Win-Win for Buyers ... - PR Web (press release) - Nov 5, 2007
NH Foreclosures Hit All Time High in October, Up 44% from Last Year - TransWorldNews (press release) - Nov 4, 2007
October Sets Record For Wisconsin Home Foreclosures - WISN.com - Nov 4, 2007
Foreclosures slam door on home prices - Denver Post - Nov 4, 2007
Foreclosure wave sweeps America - BBC News - Nov 4, 2007

Covenant-lite bonds
Japanese LBOs - Euro2day - Oct 30, 2007
Financial News: Banks Prepare Asia's First Covenant-Lite Loan - CNNMoney.com - Oct 16, 2007
Financial News: Banks Prepare Asia's First Covenant-Lite Loan - CNNMoney.com - Oct 16, 2007
Financial News: Banks Prepare Asia's First Covenant-Lite Loan - CNNMoney.com - Oct 16, 2007
TXU Underwriters May Launch Bond,Loan Portions Simultaneously - CNNMoney.com - Oct 11, 2007

NY Fed | Fed Funds
US: 4.59 FedFunds 2007-11-01 NYFed daily fed funds effective rate - Nov 1, 2007
US: 4.60 FedFunds 2007-10-31 NYFed daily fed funds effective rate - Oct 31, 2007
US: 4.78 FedFunds 2007-10-30 NYFed daily fed funds effective rate - Oct 30, 2007
US: 4.84 FedFunds 2007-10-29 NYFed daily fed funds effective rate - Oct 29, 2007
US: 4.80 FedFunds 2007-10-26 NYFed daily fed funds effective rate - Oct 26, 2007

Subprime Related News

2007-10-30T10:43:00.001-07:00

CDO, ABS, CMBS, RMBS, and covered bonds

* UBS forecasts return to profitability - Euro2day - Oct 30, 2007
* Bank of China Books Subprime Provision; Profit Up - Reuters.uk - Oct 30, 2007
* Bank of China books $322 mln on subprime; profit up - Reuters - Oct 30, 2007
* Chinese bank posts profits despite losing in sub-prime - Bobsguide (press release) - Oct 30, 2007
* UBS forecasts return to profitability - Euro2day - Oct 30, 2007

Credit Default Swap / CDS

* The credit markets shovel makers get smashed over the head - CityWire.co.uk - Oct 30, 2007
* RAM Holdings Expects Net Loss For Q3 - Quick Facts - Trading Markets (press release) - Oct 29, 2007
* RAM Holdings Announces Third Quarter 2007 Unrealized Mark-to ... - WELT ONLINE - Oct 29, 2007
* The credit markets shovel makers get smashed over the head - CityWire.co.uk - Oct 30, 2007
* Tuesday Newspaper Review - Irish Business News and International ... - FinFacts Ireland - Oct 30, 2007

ABX Index

* FIRSTRUNG FIRST TIME BUYERS THE WEEK IN FOCUS - Firstrung - Oct 28, 2007
* Skepticism Scarce in Countrywide's Rally - Barron's - Oct 28, 2007
* Skepticism Scarce in Countrywide's Rally - Barron's - Oct 28, 2007
* US sub-prime anxiety spreads - Mortgage Strategy - Oct 26, 2007
* ABX INDEX REACHES NEW LOW AS SUB PRIME WORRIES DEEPEN - Firstrung - Oct 27, 2007

Hedge Funds

* Storm Exchange Launches Weather-Based Financial Hedging Program ... - Business Wire (press release) - Oct 30, 2007
* The (Further) Auto-Beclowning of Candidate Edwards - Red State - Oct 30, 2007
* Global Select Portfolio Corp. Announces Completion of the ... - Earthtimes - Oct 30, 2007
* Kofi Annan Joins Board of Carnegie Corporation of New York - AScribe (press release) - Oct 30, 2007
* Finance work holds barriers for women - Marketplace - Oct 30, 2007

Housing Market

* Major correction in prices on the way predicts IMF - Residential Landlord - Oct 30, 2007
* Negative Equity Risk For First Time Buyers Who Take 100% Mortgages? - Letting News - Oct 30, 2007
* Opening View: Fed Jitters Send US Futures Lower - Schaeffers Research - Oct 30, 2007
* House prices standing still - Moneyextra.com - Oct 30, 2007
* House prices - Widespread falls in 2008/09? - Moneyextra.com - Oct 30, 2007

U.S. Subprime Originators

* Mooncor Appoints First Canadian Capital as Investor Relations ... - Earthtimes - Oct 30, 2007
* Europe's Biggest Bank Loses Marbles - Sky News - Oct 30, 2007
* Trivitron to set up medical technology park - Earthtimes - Oct 30, 2007
* Area Property Deed Transfers - Daily Hampshire Gazette (subscription) - Oct 30, 2007
* Tuesday's Stock to Watch: PLTG! October 30, 2007 - Market Wire (press release) - Oct 30, 2007

Bear Stearns, Cheyne Capital and Cambridge Place Investment Management

* NYSE Euronext and BIDS team up - InvestmentNews - Oct 30, 2007
* Event Brief of Q3 2007 Crane Earnings Conference Call - Final - Insurance News Net (press release) - Oct 30, 2007
* MARKET SNAPSHOT: US Stocks Slide As Procter & Gamble Cuts Profit ... - CNNMoney.com - Oct 30, 2007
* Editors Give Zinczenko Bombast an ‘F’ - New York Magazine - Oct 30, 2007
* NYSE Euronext, BIDS Holdings To Form Joint Venture - Update - RTT News - Oct 30, 2007

Private Equity

* CHAMP Private Equity opens office in Singapore office - AltAssets - Oct 30, 2007
* Merrill Lynch CEO O'Neal Out - nwitimes.com - Oct 30, 2007
* Merrill Lynch ousts O'Neal after big losses - Raw Story - Oct 30, 2007
* Merrill Lynch ousts CEO O'Neal - Reuters - Oct 30, 2007
* Smith & Wesson Shares Plummet on Full-Year Outlook - CNBC - Oct 30, 2007

Press Releases National association of realtors

* Nearly 30 Percent of REALTORS® Lack Health Insurance - Oct 25, 2007
* NAR Donates Half-Million to California Wildfire Relief - Oct 25, 2007
* REALTORS® Support Flood Insurance Reform Bill - Oct 1, 2007
* 2007 Growth and Transportation Survey Released - Oct 25, 2007
* Mortgage Availability Improving but Hampered Sept. Existing-Home Sales - Oct 24, 2007

Adjustable Rate Mortgage

* Learn To Read Your Mortgage Note - WKRC TV Cincinnati - Oct 30, 2007
* Policy toward mortgage crisis needs adjusting - Chicago Sun-Times - Oct 30, 2007
* HOW A FED INTEREST-RATE CUT MAY BACKFIRE - New York Post - Oct 30, 2007
* Mortgage foreclosure hotline swamped with calls - Radio Iowa - Oct 30, 2007
* Opportunities Knock for First-Time Home Buyers - Kiplinger.com - Oct 30, 2007

Fitch / Standard & Poor"s / Moody"s

* Bank of Fukuoka downgraded on consolidation of Shinwa Bank by ... - Forbes - Oct 30, 2007
* Economic Fallout of SoCal Firestorms - Seeking Alpha - Oct 30, 2007
* J&J sets maturity, guidance on 2-part bond -lead - Reuters.uk - Oct 30, 2007
* London shares lower in early trading, Imperial Tobacco down after ... - CNNMoney.com - Oct 30, 2007
* TFN NEWS BRIEFING: Consumer and retailing highlights to 09:15 GMT - Hemscott - Oct 30, 2007

Yen carry trade

* Euro Falls as Credit-Market Losses Erode European Bank Earnings - Bloomberg - Oct 30, 2007
* Dollar recovers against euro as investors cautious ahead of FOMC ... - Forbes - Oct 29, 2007
* Australian, NZ Dollars Fall on Prospect of Smaller Fed Cut - Bloomberg - Oct 29, 2007
* Dollar hovers near record lows before Fed meeting - Inquirer.net - Oct 29, 2007
* Dollar Trades Near Record Low Versus Euro Before Fed's Meeting - Bloomberg - Oct 29, 2007

Foreclosures

* Livonia to discuss foreclosures Thursday - Detroit Free Press - Oct 30, 2007
* San Mateo County to vote on non-binding foreclosure resolution - San Jose Mercury News - Oct 30, 2007
* The Foreclosures Market Is Examined In Depth With This Essential ... - Business Wire (press release) - Oct 30, 2007
* Peninsula Supervisor Calls For Foreclosure Moratorium - NBC11.com - Oct 30, 2007
* Lean about foreclosures in the Thumb - MLive.com - Oct 30, 2007

Covenant-lite bonds

* Financial News: Banks Prepare Asia's First Covenant-Lite Loan - CNNMoney.com - Oct 16, 2007
* Financial News: Banks Prepare Asia's First Covenant-Lite Loan - CNNMoney.com - Oct 16, 2007
* Financial News: Banks Prepare Asia's First Covenant-Lite Loan - CNNMoney.com - Oct 16, 2007
* TXU Underwriters May Launch Bond,Loan Portions Simultaneously - CNNMoney.com - Oct 11, 2007
* Switching off the lites - Economist - Oct 11, 2007

NY Fed | Fed Funds

* US: 4.84 FedFunds 2007-10-29 NYFed daily fed funds effective rate - Oct 29, 2007
* US: 4.80 FedFunds 2007-10-26 NYFed daily fed funds effective rate - Oct 26, 2007
* US: 4.86 FedFunds 2007-10-25 NYFed daily fed funds effective rate - Oct 25, 2007
* US: 4.74 FedFunds 2007-10-24 NYFed daily fed funds effective rate - Oct 24, 2007
* US: 4.67 FedFunds 2007-10-23 NYFed daily fed funds effective rate - Oct 23, 2007

Subprime Related News

2007-10-29T03:33:00.000-07:00

CDO, ABS, CMBS, RMBS, and covered bonds
No Bargains in Brokers - Barron's - Oct 28, 2007
Moving Out of Merrill Lynch - Barron's - Oct 26, 2007
Q3 2007 Wachovia Corporation Earnings Conference Call - Final - Insurance News Net (press release) - Oct 26, 2007
Manuel labour - Financial Times - Oct 25, 2007
Deteriorating subprime market pummels ABx, bond insurers - MarketWatch - Oct 25, 2007

Credit Default Swap / CDS
Security Capital Assurance Reports Results for the Third Quarter ... - Earthtimes - Oct 25, 2007
UPDATE 1-AIG debt protection costs rise 55 percent - Reuters - Oct 25, 2007
Q3 2007 Sovereign Bancorp Earnings Conference Call Webcast - Final - Insurance News Net (press release) - Oct 25, 2007
Security Capital Assurance Reports Results for the Third Quarter ... - Earthtimes - Oct 25, 2007
MBIA Inc. Reports 39 Percent Decrease in Nine Months Net Income ... - Trading Markets (press release) - Oct 25, 2007

ABX Index
Skepticism Scarce in Countrywide's Rally - Barron's - Oct 28, 2007
Leading Derivatives Index Hits Record Lows - Wall Street Journal - Oct 25, 2007
Subprime anxiety hits top index - MSNBC - Oct 25, 2007
ABX INDEX REACHES NEW LOW AS SUB PRIME WORRIES DEEPEN - Firstrung - Oct 27, 2007
Deteriorating subprime market pummels ABx, bond insurers - MarketWatch - Oct 25, 2007

Hedge Funds
Giuliani remains focus of electoral vote plan - San Gabriel Valley Tribune - Oct 28, 2007
Absolute Capital announces reopening of Absolute Germany Fund - HedgeWeek - Oct 28, 2007
SkyBridge Capital makes strategic investment in U Capital Group - HedgeWeek - Oct 28, 2007
Jeffrey L Gould named head of distribution for Citi Alternative ... - HedgeWeek - Oct 28, 2007
Dutch alternative investments industry and political veteran call ... - HedgeWeek - Oct 28, 2007

Housing Market
As the Subprime Turns - FXstreet.com The Futures Market - Oct 29, 2007
All eyes on FOMC, amidst a heavy data week for the US - FXstreet.com The Foreign Exchange Market - Oct 29, 2007
House prices in Hampshire fall - this is hampshire.net - Oct 29, 2007
House prices now 'eight times salary' - East Anglian Daily Times - Oct 28, 2007
The US dollar tumbled to a new all time low against the Euro - FXstreet.com The Foreign Exchange Market - Oct 28, 2007

U.S. Subprime Originators
Aust company lands NASA software deal - ABC Online - Oct 29, 2007
3rd Delhi Vodafone Half Marathon concludes - Merinews - Oct 29, 2007
Mobile banking must overcome consumer doubts - San Jose Mercury News - Oct 29, 2007
BUCKEYE LEAVES - The Plain Dealer - cleveland.com - Oct 29, 2007
Dollar's Demise Can Be Seen Even in the Maldives: William Pesek - Bloomberg - Oct 29, 2007

Bear Stearns, Cheyne Capital and Cambridge Place Investment Management
Publicis talks down FY organic growth guidance, Q3 sales at low ... - CNNMoney.com - Oct 29, 2007
ASIA MARKETS: Hong Kong Leads Record Run In Asia - CNNMoney.com - Oct 28, 2007
Five Wall Street Investment Firms Sue Delta Airlines Over Comair Sale - Trading Markets (press release) - Oct 28, 2007
China Passes US in Top 10 List as China Life Surges (Update1) - Bloomberg - Oct 28, 2007
Reports O'Neal is Out As Head of Merrill Lynch (MER) - StreetInsider.com (subscription) - Oct 28, 2007

Private Equity
Monday Papers: tips and comment - CityWire.co.uk - Oct 28, 2007
‘Infrastructure holds key to double-digit growth’ - Sify - Oct 28, 2007
Safran sells Sagem Communications to Gores Group; enterprise value ... - Forbes - Oct 28, 2007
Hulu Debuts via Private Beta and on Distribution Partners AOL ... - TMC Net - Oct 28, 2007
SECOND TAKE - Financial Times - Business Day - Oct 28, 2007

Press Releases National association of realtors
Nearly 30 Percent of REALTORS® Lack Health Insurance - Oct 25, 2007
NAR Donates Half-Million to California Wildfire Relief - Oct 25, 2007
REALTORS® Support Flood Insurance Reform Bill - Oct 1, 2007
2007 Growth and Transportation Survey Released - Oct 25, 2007
Mortgage Availability Improving but Hampered Sept. Existing-Home Sales - Oct 24, 2007

Adjustable Rate Mortgage
Peter Boutell, Lending a Hand: Lenders are asking for larger down ... - Santa Cruz Sentinel - Oct 28, 2007
Safety first: How to survive the credit crunch - New Haven Register (subscription) - Oct 28, 2007
Peter Boutell, Lending a Hand: Lenders are asking for larger down ... - Santa Cruz Sentinel - Oct 28, 2007
Freddie Mac and MBA See Mortgage Rates Through Different Lenses - MortgageNewsDaily.com - Oct 25, 2007
Peter Boutell, Lending a Hand: Lenders are asking for larger down ... - Santa Cruz Sentinel - Oct 28, 2007

Fitch / Standard & Poor"s / Moody"s
Eastman Chemical's ratings unchanged on share repurchase, PET ... - Forbes - Oct 28, 2007
Eastman Chemical's ratings unchanged on share repurchase, PET ... - ABCmoney.co.uk - Oct 28, 2007
Standard Life's 'A3/Baa1' ratings affirmed, outlook negative - Moody's - Euro2day - Oct 28, 2007
Argentina's Fernandez Wins Election, Pledges Growth (Update2) - Bloomberg - Oct 28, 2007
Standard & Poor's grants EFG-Hermes MEDA Fund 'AA' rating - AME Info (press release) - Oct 28, 2007

Yen carry trade
The US dollar tumbled to a new all time low against the Euro - FXstreet.com The Foreign Exchange Market - Oct 28, 2007
Dollar plumbs record low as Fed rate cut awaited - Reuters South Africa - Oct 28, 2007
Dollar: How Low Can It Go? - Daily FX - Oct 28, 2007
Oct 29 - Close: NZD up against greenback - Stuff.co.nz - Oct 28, 2007
Dollar Falls to Record Low Versus Euro Before Fed Rate Meeting - Bloomberg - Oct 28, 2007

Foreclosures
Study Links Lenders to Swift Foreclosures - New York Times - Oct 28, 2007
Wave of foreclosures hits renters - Minneapolis Star Tribune (subscription) - Oct 28, 2007
Foreclosures hit tenants - Boston Herald - Oct 28, 2007
Foreclosures are higher in Homeowners Associations - AHRC News Services - Oct 28, 2007
Report: City foreclosures growing - Metro.us - Oct 28, 2007

Covenant-lite bonds
Financial News: Banks Prepare Asia's First Covenant-Lite Loan - CNNMoney.com - Oct 16, 2007
Financial News: Banks Prepare Asia's First Covenant-Lite Loan - CNNMoney.com - Oct 16, 2007
Financial News: Banks Prepare Asia's First Covenant-Lite Loan - CNNMoney.com - Oct 16, 2007
TXU Underwriters May Launch Bond,Loan Portions Simultaneously - CNNMoney.com - Oct 11, 2007
Switching off the lites - Economist - Oct 11, 2007

Subprime Related News

2007-10-28T07:14:00.001-07:00

CDO, ABS, CMBS, RMBS, and covered bonds

* Quick Take: Is It Goodbye to Stan? - Motley Fool - Oct 26, 2007
* Event Brief of Q3 2007 Wachovia Corporation Earnings Conference ... - Insurance News Net (press release) - Oct 26, 2007
* Q3 2007 Wachovia Corporation Earnings Conference Call - Final - Insurance News Net (press release) - Oct 26, 2007
* Moving Out of Merrill Lynch - Barron's - Oct 26, 2007
* Event Brief of Q3 2007 Wachovia Corporation Earnings Conference ... - Insurance News Net (press release) - Oct 26, 2007

Credit Default Swap / CDS

* Security Capital Assurance Reports Results for the Third Quarter ... - Earthtimes - Oct 25, 2007
* MBIA Inc. Reports 39 Percent Decrease in Nine Months Net Income ... - Trading Markets (press release) - Oct 25, 2007
* ISDA Urges India to Remove Credit-Default Swap Rating Rule - Bloomberg - Oct 24, 2007
* RBI proposes tough norms for credit derivatives - Economic Times - Oct 24, 2007
* Security Capital Assurance Reports Results for the Third Quarter ... - Earthtimes - Oct 25, 2007

ABX Index

* Leading Derivatives Index Hits Record Lows - Wall Street Journal - Oct 25, 2007
* Deteriorating subprime market pummels ABx, bond insurers - MarketWatch - Oct 25, 2007
* Newer ABX hedge tool may face retirement - Reuters - Oct 25, 2007
* ABX pops after bullish investor call by UBS, but many investors ... - Financial Times - Oct 24, 2007
* Leading Derivatives Index Hits Record Lows - Wall Street Journal - Oct 25, 2007

Hedge Funds

* Bizarre new twist to Saints takeover - Basingstoke Gazette - Oct 27, 2007
* AMT tax mess may not be fixed soon - San Jose Mercury News - Oct 27, 2007
* Mayor Bloomberg, President Bush blast Rangel tax plan - New York Daily News - Oct 27, 2007
* Investors have more options, so should fund managers - Globe and Mail - Oct 27, 2007
* DELTA AIR LINES Suit: Creditors were cheated to increase Comair ... - Chicago Tribune - Oct 27, 2007

Housing Market

* Here comes the neighbourhood! - Globe and Mail - Oct 27, 2007
* Housing crunch leaves home owners with few options - Greeley Tribune - Oct 27, 2007
* Pound Declines for Third Week Against Euro on Outlook for Rates - Bloomberg - Oct 27, 2007
* US dollar plummets and soaring oil keeps breaking records - MercoPress - Oct 26, 2007
* Sellers waiting for recovery in area housing market - Indianapolis Business Journal - Oct 26, 2007

U.S. Subprime Originators

* Mental Block - Milwaukee Journal Sentinel (subscription) - Oct 27, 2007
* Tressel, Paterno have ties - Scranton Times-Tribune - Oct 27, 2007
* REDBRIDGE: Parents anger at new phone masts - East London and West Essex Guardian Series - Oct 27, 2007
* Golden Horde defeat Bucks - Barre Montpelier Times Argus - Oct 27, 2007
* Flagged down - Northwest Arkansas Times - Oct 27, 2007

Bear Stearns, Cheyne Capital and Cambridge Place Investment Management

* BUSINESS NOTES - Kentucky.com - Oct 27, 2007
* Merrill Lynch board ponders a change at the top - Houston Chronicle - Oct 26, 2007
* YRC sees no ease in trucking slump - Akron Beacon Journal - Oct 26, 2007
* Economic crisis intensifies, spreads globally - Workers World - Oct 26, 2007
* Merrill CEO O'Neal Under Pressure to Resign After Record Loss - Bloomberg - Oct 26, 2007

Private Equity

* 3i India Infrastructure invests $227 million in Adani Power - domain-B - Oct 27, 2007
* Billionaire investor is aiming to get more of Tesoro's stock - San Antonio Express - Oct 27, 2007
* Credit crunch takes toll on Inland - Chicago Daily Southtown - Oct 27, 2007
* Early Briefing - Washington Post - Oct 27, 2007
* Moser Baer PAT in Q2FY08 is Rs 33mn - Moneycontrol.com (press release) - Oct 27, 2007

Press Releases National association of realtors

* Nearly 30 Percent of REALTORS® Lack Health Insurance - Oct 25, 2007
* NAR Donates Half-Million to California Wildfire Relief - Oct 25, 2007
* REALTORS® Support Flood Insurance Reform Bill - Oct 1, 2007
* 2007 Growth and Transportation Survey Released - Oct 25, 2007
* Mortgage Availability Improving but Hampered Sept. Existing-Home Sales - Oct 24, 2007

Adjustable Rate Mortgage

* Countrywide Financial 3Q loss $1.2B; co. sees return to profit in 4Q - Forbes - Oct 26, 2007
* OTS: Asset-Backed Comml Paper Market Moving In 'Right Direction' - CNNMoney.com - Oct 26, 2007
* A little reality check - Baltimore Sun - Oct 26, 2007
* Countrywide Financial 3Q loss $1.2B; co. sees return to profit in 4Q - Forbes - Oct 26, 2007
* OTS: Asset-Backed Comml Paper Market Moving In 'Right Direction' - CNNMoney.com - Oct 26, 2007

Fitch / Standard & Poor"s / Moody"s

* Credit crunch takes toll on Inland - Chicago Daily Southtown - Oct 27, 2007
* HARTFORD, CONN.: Attorney general intensifies credit-rating ... - TheNewsTribune.com (subscription) - Oct 27, 2007
* Business briefs - The News Journal - Oct 27, 2007
* European Bonds Post Second Weekly Gain on Outlook for Growth - Bloomberg - Oct 27, 2007
* BUSINESS BRIEFS - New York Post - Oct 27, 2007

Yen carry trade

* Yen carry trade back in the news - Gulf News - Oct 26, 2007
* Dollar Falls to Record Low Versus Euro as Bets on Fed Cut Mount - Bloomberg - Oct 26, 2007
* Fed Decision Weighs on the Dollar - HoweStreet.com - Oct 26, 2007
* Yen carry trade back in the news - Gulf News - Oct 26, 2007
* Dollar Falls to Record Low Versus Euro as Bets on Fed Cut Mount - Bloomberg - Oct 26, 2007

Foreclosures

* California home foreclosures again set a record - Los Angeles Times - Oct 27, 2007
* Valley Foreclosures Up 311 Percent - KPHO Phoenix - Oct 26, 2007
* Foreclosures, default notices soar locally and across the state - Sacramento Bee - Oct 26, 2007
* Home foreclosures way up in Becker County - DL-Online - Oct 26, 2007
* Nevada foreclosures: Worst yet to come - In Business Las Vegas - Oct 26, 2007

Covenant-lite bonds

* Financial News: Banks Prepare Asia's First Covenant-Lite Loan - CNNMoney.com - Oct 16, 2007
* Financial News: Banks Prepare Asia's First Covenant-Lite Loan - CNNMoney.com - Oct 16, 2007
* Financial News: Banks Prepare Asia's First Covenant-Lite Loan - CNNMoney.com - Oct 16, 2007
* TXU Underwriters May Launch Bond,Loan Portions Simultaneously - CNNMoney.com - Oct 11, 2007
* Switching off the lites - Economist - Oct 11, 2007

Subprime Related News

2007-10-27T02:56:00.001-07:00

CDO, ABS, CMBS, RMBS, and covered bonds

* Quick Take: Is It Goodbye to Stan? - Motley Fool - Oct 26, 2007
* Event Brief of Q3 2007 Wachovia Corporation Earnings Conference ... - Insurance News Net (press release) - Oct 26, 2007
* Q3 2007 Wachovia Corporation Earnings Conference Call - Final - Insurance News Net (press release) - Oct 26, 2007
* Moving Out of Merrill Lynch - Barron's - Oct 26, 2007
* Event Brief of Q3 2007 Wachovia Corporation Earnings Conference ... - Insurance News Net (press release) - Oct 26, 2007

Credit Default Swap / CDS

* Security Capital Assurance Reports Results for the Third Quarter ... - Earthtimes - Oct 25, 2007
* MBIA Inc. Reports 39 Percent Decrease in Nine Months Net Income ... - Trading Markets (press release) - Oct 25, 2007
* ISDA Urges India to Remove Credit-Default Swap Rating Rule - Bloomberg - Oct 24, 2007
* RBI proposes tough norms for credit derivatives - Economic Times - Oct 24, 2007
* Security Capital Assurance Reports Results for the Third Quarter ... - Earthtimes - Oct 25, 2007

ABX Index

* Leading Derivatives Index Hits Record Lows - Wall Street Journal - Oct 25, 2007
* Deteriorating subprime market pummels ABx, bond insurers - MarketWatch - Oct 25, 2007
* Newer ABX hedge tool may face retirement - Reuters - Oct 25, 2007
* ABX pops after bullish investor call by UBS, but many investors ... - Financial Times - Oct 24, 2007
* Leading Derivatives Index Hits Record Lows - Wall Street Journal - Oct 25, 2007

Hedge Funds

* Bizarre new twist to Saints takeover - Basingstoke Gazette - Oct 27, 2007
* AMT tax mess may not be fixed soon - San Jose Mercury News - Oct 27, 2007
* Mayor Bloomberg, President Bush blast Rangel tax plan - New York Daily News - Oct 27, 2007
* Investors have more options, so should fund managers - Globe and Mail - Oct 27, 2007
* DELTA AIR LINES Suit: Creditors were cheated to increase Comair ... - Chicago Tribune - Oct 27, 2007

Housing Market

* Here comes the neighbourhood! - Globe and Mail - Oct 27, 2007
* Housing crunch leaves home owners with few options - Greeley Tribune - Oct 27, 2007
* Pound Declines for Third Week Against Euro on Outlook for Rates - Bloomberg - Oct 27, 2007
* US dollar plummets and soaring oil keeps breaking records - MercoPress - Oct 26, 2007
* Sellers waiting for recovery in area housing market - Indianapolis Business Journal - Oct 26, 2007

U.S. Subprime Originators

* Mental Block - Milwaukee Journal Sentinel (subscription) - Oct 27, 2007
* Tressel, Paterno have ties - Scranton Times-Tribune - Oct 27, 2007
* REDBRIDGE: Parents anger at new phone masts - East London and West Essex Guardian Series - Oct 27, 2007
* Golden Horde defeat Bucks - Barre Montpelier Times Argus - Oct 27, 2007
* Flagged down - Northwest Arkansas Times - Oct 27, 2007

Bear Stearns, Cheyne Capital and Cambridge Place Investment Management

* BUSINESS NOTES - Kentucky.com - Oct 27, 2007
* Merrill Lynch board ponders a change at the top - Houston Chronicle - Oct 26, 2007
* YRC sees no ease in trucking slump - Akron Beacon Journal - Oct 26, 2007
* Economic crisis intensifies, spreads globally - Workers World - Oct 26, 2007
* Merrill CEO O'Neal Under Pressure to Resign After Record Loss - Bloomberg - Oct 26, 2007

Private Equity

* Steptoe & Johnson LLP Adds Six Attorneys to Serve the Growing ... - PTI (press release) - Oct 26, 2007
* Pallinghurst to expand Fabergé business - Diamond World Magazine - Oct 26, 2007
* Tax-hike proposal would hurt US - Arizona Republic - Oct 26, 2007
* Resist the 'herd instinct' and stick to your investment plan - Tallahassee.com - Oct 26, 2007
* cardboard tiger - Irish Independent - Oct 26, 2007

Press Releases National association of realtors

* Nearly 30 Percent of REALTORS® Lack Health Insurance - Oct 25, 2007
* NAR Donates Half-Million to California Wildfire Relief - Oct 25, 2007
* REALTORS® Support Flood Insurance Reform Bill - Oct 1, 2007
* 2007 Growth and Transportation Survey Released - Oct 25, 2007
* Mortgage Availability Improving but Hampered Sept. Existing-Home Sales - Oct 24, 2007

Adjustable Rate Mortgage

* Countrywide Financial 3Q loss $1.2B; co. sees return to profit in 4Q - Forbes - Oct 26, 2007
* OTS: Asset-Backed Comml Paper Market Moving In 'Right Direction' - CNNMoney.com - Oct 26, 2007
* A little reality check - Baltimore Sun - Oct 26, 2007
* Countrywide Financial 3Q loss $1.2B; co. sees return to profit in 4Q - Forbes - Oct 26, 2007
* OTS: Asset-Backed Comml Paper Market Moving In 'Right Direction' - CNNMoney.com - Oct 26, 2007

Fitch / Standard & Poor"s / Moody"s

* Credit crunch takes toll on Inland - Chicago Daily Southtown - Oct 27, 2007
* HARTFORD, CONN.: Attorney general intensifies credit-rating ... - TheNewsTribune.com (subscription) - Oct 27, 2007
* Business briefs - The News Journal - Oct 27, 2007
* European Bonds Post Second Weekly Gain on Outlook for Growth - Bloomberg - Oct 27, 2007
* BUSINESS BRIEFS - New York Post - Oct 27, 2007

Yen carry trade

* Yen carry trade back in the news - Gulf News - Oct 26, 2007
* Dollar Falls to Record Low Versus Euro as Bets on Fed Cut Mount - Bloomberg - Oct 26, 2007
* Fed Decision Weighs on the Dollar - HoweStreet.com - Oct 26, 2007
* Dollar Hits Long-Term Lows Vs Euro, Australia, Canada Dlrs - FXstreet.com The Foreign Exchange Market - Oct 26, 2007
* Yen carry trade back in the news - Gulf News - Oct 26, 2007

Foreclosures

* California home foreclosures again set a record - Los Angeles Times - Oct 27, 2007
* Valley Foreclosures Up 311 Percent - KPHO Phoenix - Oct 26, 2007
* Foreclosures, default notices soar locally and across the state - Sacramento Bee - Oct 26, 2007
* Home foreclosures way up in Becker County - DL-Online - Oct 26, 2007
* Nevada foreclosures: Worst yet to come - In Business Las Vegas - Oct 26, 2007

Covenant-lite bonds

* Financial News: Banks Prepare Asia's First Covenant-Lite Loan - CNNMoney.com - Oct 16, 2007
* Financial News: Banks Prepare Asia's First Covenant-Lite Loan - CNNMoney.com - Oct 16, 2007
* Financial News: Banks Prepare Asia's First Covenant-Lite Loan - CNNMoney.com - Oct 16, 2007
* TXU Underwriters May Launch Bond,Loan Portions Simultaneously - CNNMoney.com - Oct 11, 2007
* Switching off the lites - Economist - Oct 11, 2007

Subprime Related News

2007-10-26T04:30:00.000-07:00

CDO, ABS, CMBS, RMBS, and covered bonds
An Important Crossroads For CDOs - Seeking Alpha - Oct 26, 2007
Moving Out of Merrill Lynch - Barron's - Oct 26, 2007
A Major Stumble at Merrill Lynch - Motley Fool - Oct 25, 2007
Market Report -- Short Stories (MCO) - MSN Money - Oct 25, 2007
Market Report -- Short Stories (MCO) - MSN Money - Oct 25, 2007

Credit Default Swap / CDS
Security Capital Assurance Reports Results for the Third Quarter ... - CNNMoney.com - Oct 25, 2007
Security Capital Assurance Reports Results for the Third Quarter ... - Earthtimes - Oct 25, 2007
MBIA Inc. Reports 39 Percent Decrease in Nine Months Net Income ... - Trading Markets (press release) - Oct 25, 2007
ISDA Urges India to Remove Credit-Default Swap Rating Rule - Bloomberg - Oct 24, 2007
RBI proposes tough norms for credit derivatives - Economic Times - Oct 24, 2007

ABX Index
Leading Derivatives Index Hits Record Lows - Wall Street Journal - Oct 25, 2007
Deteriorating subprime market pummels ABx, bond insurers - MarketWatch - Oct 25, 2007
Newer ABX hedge tool may face retirement - Reuters - Oct 25, 2007
ABX pops after bullish investor call by UBS, but many investors ... - Financial Times - Oct 24, 2007
Leading Derivatives Index Hits Record Lows - Wall Street Journal - Oct 25, 2007

Hedge Funds
Hedge funds will come if growth sustains: Uday Kotak - Moneycontrol.com - Oct 26, 2007
Sensex ends above 19200 - NDTV.com - Oct 26, 2007
GLG and Virgin plan long-only environmental fund - Hedge Funds Review Magazine - Oct 26, 2007
Inflows will be stemmed in short-term: Lotus AMC - Moneycontrol.com - Oct 26, 2007
FACTBOX - Why oil prices are at a record high - NDTV.com - Oct 26, 2007

Housing Market
Rand at 17-month best level - The Times - Oct 26, 2007
Housing crisis looms despite government plans, report says - Guardian Unlimited - Oct 26, 2007
Extra homes needed to cope with housing crisis - Midlands Housing - Oct 26, 2007
California Burning - The Daily Reckoning - Oct 26, 2007
China Taking The Lead As The World's Largest Exporter - The Daily Reckoning - Oct 26, 2007

U.S. Subprime Originators
Crisis of conscience helped break Troy murder case - Belleville News Democrat - Oct 26, 2007
BofA hits wholesale mortgages - Charlotte Observer - Oct 26, 2007
Exeter Cardinals win baseball title - Exeter News-Letter - Oct 26, 2007
Letter sparks debate between county sheriff candidates - Martinsville Bulletin - Oct 26, 2007
Woman in embezzlement case found dead - Barre Montpelier Times Argus - Oct 26, 2007

Bear Stearns, Cheyne Capital and Cambridge Place Investment Management
UPDATE: Euro-Zone Sep M3 +11.3% On Year Vs +11.6% In Aug - FXstreet.com The Foreign Exchange Market - Oct 26, 2007
ICBC buys into Standard - Financial Times (subscription) - Oct 26, 2007
Forex - Dollar hits fresh lows against euro as US rate cut ... - CNNMoney.com - Oct 26, 2007
ICBC buys into Standard Bank Group, furthers China’s reach in Africa - Shanghaiist - Oct 26, 2007
HEDGE FUND BALANCE ACT - New York Post - Oct 26, 2007

Private Equity
JC Flowers confirms Northern Rock interest and unveils management team - Money Marketing - Oct 26, 2007
Mangan cleared of SEC accusation - Charlotte Observer - Oct 26, 2007
Acxiom’s profits fall by half since last year - Arkansas Democrat Gazette - Oct 26, 2007
Koninklijke Ahold Reports 1.1% Increase In Q3 Net Sales [AHONY.PK] - RTT News - Oct 26, 2007
Delta Two Seeks Additional Funding For Sainsbury Takeover Proposal - Wall Street Journal - Oct 26, 2007

Press Releases National association of realtors
Nearly 30 Percent of REALTORS® Lack Health Insurance - Oct 25, 2007
NAR Donates Half-Million to California Wildfire Relief - Oct 25, 2007
REALTORS® Support Flood Insurance Reform Bill - Oct 1, 2007
2007 Growth and Transportation Survey Released - Oct 25, 2007
Mortgage Availability Improving but Hampered Sept. Existing-Home Sales - Oct 24, 2007

Adjustable Rate Mortgage
Ga. Leaders Want to Put a Stop to Predatory Lending - MyFox Atlanta - Oct 25, 2007
Ga. Leaders Want to Put a Stop to Predatory Lending - MyFox Atlanta - Oct 25, 2007
Options to consider when foreclosure looms - Nashua Telegraph - Oct 25, 2007
Capstead Mortgage Corporation Announces Third Quarter 2007 Results ... - Business Wire (press release) - Oct 25, 2007
Fitch Rates Wells Fargo's $1.32BB PT Ctfs, Series 2007-AR6 - Business Wire (press release) - Oct 25, 2007

Fitch / Standard & Poor"s / Moody"s
Northbridge Financial's subsidiaries raised to 'BBB+' with stable ... - CNNMoney.com - Oct 25, 2007
Geneva finance to shut branches - Stuff.co.nz - Oct 25, 2007
Fairfax Financial outlook raised to stable, counterparty ratings ... - CNNMoney.com - Oct 25, 2007
Allstate, affiliates' outlook raised to stable, ratings affirmed - S&P - CNNMoney.com - Oct 25, 2007
WellCare Health Plans 'BB-' rating put on negative watch - S&P - CNNMoney.com - Oct 25, 2007

Yen carry trade
Dollar hits record lows in anticipation of Fed cut - Inquirer.net - Oct 26, 2007
Sterling hits three-month high vs weak dollar - Reuters.uk - Oct 26, 2007
Dollar Matches Record Low Versus Euro as Bets on Fed Cut Mount - Bloomberg - Oct 25, 2007
Credit Crunch Dashes Japanese Hopes - FN Arena News - Oct 25, 2007
Canadian Dollar Edges Higher Against Majors - RTT News - Oct 25, 2007

Foreclosures
US cities may lose $25 bln from home foreclosures - Reuters - Oct 24, 2007
New Findings in Preventing Latino Home Foreclosures - PR Newswire (press release) - Oct 25, 2007
Home foreclosures signal rate bite - Business Report - Oct 25, 2007
Valley Foreclosures Jump 311 Percent in September - KTAR.com - Oct 25, 2007
Home Foreclosures Boosting Business At Sheriff's Auction - WCPO - Oct 25, 2007

Covenant-lite bonds
Financial News: Banks Prepare Asia's First Covenant-Lite Loan - CNNMoney.com - Oct 16, 2007
Financial News: Banks Prepare Asia's First Covenant-Lite Loan - CNNMoney.com - Oct 16, 2007
Financial News: Banks Prepare Asia's First Covenant-Lite Loan - CNNMoney.com - Oct 16, 2007
TXU Underwriters May Launch Bond,Loan Portions Simultaneously - CNNMoney.com - Oct 11, 2007
Switching off the lites - Economist - Oct 11, 2007

Subprime News

2007-10-26T00:12:00.000-07:00

CDO, ABS, CMBS, RMBS, and covered bonds
Market Report -- Short Stories (MCO) - MSN Money - Oct 25, 2007
Market Report -- Short Stories (MCO) - MSN Money - Oct 25, 2007
Why Is MBIA Down So Big? - Minyanville.com - Oct 25, 2007
Manuel labour - Financial Times - Oct 25, 2007
Deteriorating subprime market pummels ABx, bond insurers - MarketWatch - Oct 25, 2007

Credit Default Swap / CDS
Security Capital Assurance Reports Results for the Third Quarter ... - CNNMoney.com - Oct 25, 2007
Security Capital Assurance Reports Results for the Third Quarter ... - Earthtimes - Oct 25, 2007
ISDA Urges India to Remove Credit-Default Swap Rating Rule - Bloomberg - Oct 24, 2007
RBI proposes tough norms for credit derivatives - Economic Times - Oct 24, 2007
Security Capital Assurance Reports Results for the Third Quarter ... - CNNMoney.com - Oct 25, 2007

ABX Index
Leading Derivatives Index Hits Record Lows - Wall Street Journal - Oct 25, 2007
Deteriorating subprime market pummels ABx, bond insurers - MarketWatch - Oct 25, 2007
Newer ABX hedge tool may face retirement - Reuters - Oct 25, 2007
ABX pops after bullish investor call by UBS, but many investors ... - Financial Times - Oct 24, 2007
Subprime anxiety hits top index - MSNBC - Oct 25, 2007

Hedge Funds
Earnings reassure and stocks climb in Europe - International Herald Tribune - Oct 25, 2007
Bonds' pricing is questioned in email trail - Moneyweb - Oct 25, 2007
Democrat's plan shifts tax burden, stirs up GOP furor - St. Petersburg Times - Oct 25, 2007
Property derivatives point way in wake of credit squeeze - Financial Times (subscription) - Oct 25, 2007
Pensions Seeking Indian Equities - Institutional Investor (subscription) - Oct 25, 2007

Housing Market
Credit crunch to claim two million homes - Times Online - Oct 25, 2007
Thomson Financial UK at a glance share guide - CNNMoney.com - Oct 25, 2007
London shares outlook - higher, Legal & General figs in focus; NY ... - CNNMoney.com - Oct 25, 2007
BUYING|SELLING Sellers become more realistic - iAfrica.com - Oct 25, 2007
'Irresponsible' banks offer bigger mortgages - Irish Independent - Oct 25, 2007

U.S. Subprime Originators
State news in brief for Oct. 26 - Aiken Standard (subscription) - Oct 25, 2007
Katherine Heerbrandt This is America? - Frederick News Post (subscription) - Oct 25, 2007
Bright new Sixpence worth of Wilmot - Manchester Evening News - Oct 25, 2007
Scouting Area Sectional Semifinals - nwitimes.com - Oct 25, 2007
South Carolina, Georgia unite to address coastal water woes - Hilton Head Island Packet - Oct 25, 2007

Bear Stearns, Cheyne Capital and Cambridge Place Investment Management
Publicis chairman, shrugging off critics, banks on ad firm's ... - International Herald Tribune - Oct 25, 2007
The Thomson Corp. Q3 2007 Earnings Call Transcript - Seeking Alpha - Oct 25, 2007
Banks lead region lower - International Herald Tribune - Oct 25, 2007
HEDGE FUNDS: After Huge Returns Shorting Subprime, Scion Capital ... - CNNMoney.com - Oct 25, 2007
Consumer Sentiment Index in US Probably Fell to One-Year Low - Bloomberg - Oct 25, 2007

Private Equity
Interactive Data Corporation Q3 2007 Earnings Call Transcript - Seeking Alpha - Oct 25, 2007
JC Flowers unveils Rock bid team - ShareCast - Oct 25, 2007
Credit crunch to claim two million homes - Times Online - Oct 25, 2007
Paratek Pharmaceuticals raises $40m in first round - Boston Globe - Oct 25, 2007
US private equity firm eyes Rock - BBC News - Oct 25, 2007

Press Releases National association of realtors
Nearly 30 Percent of REALTORS® Lack Health Insurance - Oct 25, 2007
NAR Donates Half-Million to California Wildfire Relief - Oct 25, 2007
REALTORS® Support Flood Insurance Reform Bill - Oct 1, 2007
2007 Growth and Transportation Survey Released - Oct 25, 2007
Mortgage Availability Improving but Hampered Sept. Existing-Home Sales - Oct 24, 2007

Adjustable Rate Mortgage
Ga. Leaders Want to Put a Stop to Predatory Lending - MyFox Atlanta - Oct 25, 2007
Options to consider when foreclosure looms - Nashua Telegraph - Oct 25, 2007
Capstead Mortgage Corporation Announces Third Quarter 2007 Results ... - Business Wire (press release) - Oct 25, 2007
Fitch Rates Wells Fargo's $1.32BB PT Ctfs, Series 2007-AR6 - Business Wire (press release) - Oct 25, 2007
Capstead Mortgage Corporation Announces Third Quarter 2007 Results ... - Business Wire (press release) - Oct 25, 2007

Fitch / Standard & Poor"s / Moody"s
Reimbursement Coverage Offered for Hoteliers Housing Wild Fire ... - PR-Inside.com (Pressemitteilung) - Oct 25, 2007
Marlin Leasing Completes $440 Million Term Debt Securitization - CNNMoney.com - Oct 25, 2007
Fitch Affirms $231.3MM & Downgrades $84.1MM from Ownit 2005-2 - PR-Inside.com (Pressemitteilung) - Oct 25, 2007
Arch Capital Group Ltd. Reports 2007 Third Quarter Results - American Digital Networks (press release) - Oct 25, 2007
Fitch Downgrades TOUSA's IDR to 'CC'; on Rating Watch Negative - PR-Inside.com (Pressemitteilung) - Oct 25, 2007

Yen carry trade
Japan, Korea, China make a strong pack: Tyche Group - Moneycontrol.com - Oct 25, 2007
Dollar Trades Near Record Low on US Interest-Rate Outlook - Bloomberg - Oct 25, 2007
Yen Trades Little Changed Before Japanese Inflation Report - Bloomberg - Oct 25, 2007
New Zealand Dollar Rises on Prospect Rates Will Remain High - Bloomberg - Oct 25, 2007
New Zealand Dollar Rises on Prospect Rates Will Remain High - Bloomberg - Oct 25, 2007

Foreclosures
New Findings in Preventing Latino Home Foreclosures - PR Newswire (press release) - Oct 25, 2007
Home foreclosures signal rate bite - Business Report - Oct 25, 2007
Valley Foreclosures Jump 311 Percent in September - KTAR.com - Oct 25, 2007
Home Foreclosures Boosting Business At Sheriff's Auction - WCPO - Oct 25, 2007
Large Number of Foreclosures in Erie County - WKBW-TV - Oct 25, 2007

Covenant-lite bonds
Financial News: Banks Prepare Asia's First Covenant-Lite Loan - CNNMoney.com - Oct 16, 2007
Financial News: Banks Prepare Asia's First Covenant-Lite Loan - CNNMoney.com - Oct 16, 2007
Financial News: Banks Prepare Asia's First Covenant-Lite Loan - CNNMoney.com - Oct 16, 2007
TXU Underwriters May Launch Bond,Loan Portions Simultaneously - CNNMoney.com - Oct 11, 2007
Switching off the lites - Economist - Oct 11, 2007

Subprime Related News

2007-10-25T01:36:00.000-07:00

CDO, ABS, CMBS, RMBS, and covered bonds
Merrill Lynch's long-term senior debt rating cut to 'A1' vs 'Aa3 ... - Forbes - Oct 24, 2007
Merrill Lynch Q3 2007 Earnings Call Transcript - Seeking Alpha - Oct 24, 2007
Ratings agencies downgrade Merrill Lynch - Investment Executive - Oct 24, 2007
Merrill Lynch posts $1 billion Q3 loss on subprime mortgages - Inman.com (subscription) - Oct 24, 2007
Merrill Lynch hit hard by ABS CDO exposure - Canada.com - Oct 24, 2007

Credit Default Swap / CDS
ISDA Urges India to Remove Credit-Default Swap Rating Rule - Bloomberg - Oct 24, 2007
Cablevision LBO Continues To Seesaw - Institutional Investor (subscription) - Oct 24, 2007
US bank debt-protection costs up after Merrill loss - Reuters - Oct 24, 2007
Merrill Lynch debt protection costs up, others rally - Reuters - Oct 22, 2007
RBI proposes tough norms for credit derivatives - Economic Times - Oct 24, 2007

ABX Index
CURRENT YIELD - Barron's (subscription) - Oct 21, 2007
Housing Bubble and Real Estate Market Tracker - Seeking Alpha - Oct 22, 2007
ABX pops after bullish investor call by UBS, but many investors ... - Financial Times - Oct 24, 2007
CURRENT YIELD - Barron's (subscription) - Oct 21, 2007
CURRENT YIELD - Barron's (subscription) - Oct 21, 2007

Hedge Funds
Soccer club Southampton in talks with hedge fund - Reuters.uk - Oct 24, 2007
Merrill Lynch to offer brokerage for SA hedge funds - Moneyweb - Oct 24, 2007
Banco BPI, Daimler, Fiat, L'Oreal: European Equity Preview - Bloomberg - Oct 24, 2007
Clarity needed on AUC date calculation: pwc - Moneycontrol.com - Oct 24, 2007
Saints to slash player salary budget if no new investment is found - this is hampshire.net - Oct 24, 2007

Housing Market
Japanese Stocks Slide to 1-Month Low on US Outlook, Yen - Bloomberg - Oct 25, 2007
Bellingham existing-home sales down for September - Bellingham Herald - Oct 25, 2007
Home prices now falling in Broward - MiamiHerald.com - Oct 25, 2007
Stocks in strong, intraday reversal - FXstreet.com The Foreign Exchange Market - Oct 25, 2007
State's gash from home sales deepens - Stockton Record - Oct 25, 2007

U.S. Subprime Originators
BRIEF: Commission receives housing grant Commission receives ... - Trading Markets (press release) - Oct 24, 2007
Legislature passes budget - Advance Titan - Oct 24, 2007
bbc's Declan confirmed for Publican Conference - The Publican - Oct 24, 2007
Calls build for Mozilo's ouster at Countrywide - San Gabriel Valley Tribune - Oct 24, 2007
2 men sought in home invasion of bank worker - Arizona Republic - Oct 24, 2007

Bear Stearns, Cheyne Capital and Cambridge Place Investment Management
Gasping stocks find new life in Fed rumor - Rocky Mountain News - Oct 24, 2007
Publicis Shareholders Suffer With Subpar Return, Levy's Pledges - Bloomberg - Oct 24, 2007
The People’s Republic launches drive to build new global brands - The Business Magazine - Oct 24, 2007
Knight of the long knives - The Business Magazine - Oct 24, 2007
AMERICANS: NOT WILD ABOUT HARRY - NewsWithViews.com - Oct 24, 2007

Private Equity
Handpicked Films signs co-operation deal with fund of hedge funds ... - HedgeWeek - Oct 24, 2007
Global posts $221m profit - Middle East North Africa Financial Network - Oct 24, 2007
Olvi Oyj: Olvi oyj quarterly report olvi group´s strong growth ... - Kauppalehti (press release) - Oct 24, 2007
Sotheby's doubles price guarantees for New York art auction - International Herald Tribune - Oct 24, 2007
jpmorgan Lists jpmorgan ETF GBI EMU On Euronext - HULIQ - Oct 24, 2007

Press Releases National association of realtors
Mortgage Availability Improving but Hampered Sept. Existing-Home Sales - Oct 24, 2007
Improvement in Mortgage Market Bodes Well for 2008 - Oct 10, 2007
NAR Helps REALTORS® Manage Multiple Technology Tools - Oct 4, 2007
REALTORS® Encourage Senate to Expand NFIP - Oct 3, 2007
Mortgage Problems Continue to Hamper Pending Home Sales - Oct 2, 2007

Adjustable Rate Mortgage
Centex has slashed its workforce 40% - Dallas Morning News - Oct 24, 2007
Countrywide to offer programs to save Homeowners From Foreclosure - MyFoxOrlando.com - Oct 24, 2007
Refinance Applications on the Rise - Originator Times - Oct 24, 2007
【页面调色版 - 金融界 - Oct 23, 2007
Mortgage Loans - Best Syndication - Oct 21, 2007

Fitch / Standard & Poor"s / Moody"s
Boss defends 'weak' health rating - St. Albans Observer - Oct 24, 2007
Latin American metals, mining companies post robust cash flows in ... - CNNMoney.com - Oct 24, 2007
Boeing Co's ratings remain unchanged on lower 2008 cash flow ... - CNNMoney.com - Oct 24, 2007
Alimentation Couche-Tard outlook raised to positive from stable - S&P - CNNMoney.com - Oct 24, 2007
Rating agency reviewing Beneficial Financial's 'A' - Deseret News - Oct 24, 2007

Yen carry trade
Taipei shares close higher on bargain-hunting amid US rate cut ... - CNNMoney.com - Oct 24, 2007
Despite initially gaining ground in early morning trading - FXstreet.com The Foreign Exchange Market - Oct 24, 2007
Oct 25 - Close: NZD closes higher but off peak after rates decision - Stuff.co.nz - Oct 24, 2007
Jim Rogers shifts Dollar assets for RMB - China Knowledge Online - Oct 24, 2007
Yuan Revaluation Makes Sense But Not Imminent - FN Arena News - Oct 24, 2007

Foreclosures
Foreclosures lead to rise in abandoned pets in Cleveland - WKYC-TV - Oct 24, 2007
US cities may lose $25 bln from home foreclosures - Reuters - Oct 24, 2007
Foreclosures lead to rise in abandoned pets in Cleveland - WKYC-TV - Oct 24, 2007
MD Officials Try To Slow Foreclosures - WMDT - Oct 24, 2007
Foreclosure USA - CounterCurrents.org - Oct 24, 2007

Covenant-lite bonds
Financial News: Banks Prepare Asia's First Covenant-Lite Loan - CNNMoney.com - Oct 16, 2007
Financial News: Banks Prepare Asia's First Covenant-Lite Loan - CNNMoney.com - Oct 16, 2007
Financial News: Banks Prepare Asia's First Covenant-Lite Loan - CNNMoney.com - Oct 16, 2007
TXU Underwriters May Launch Bond,Loan Portions Simultaneously - CNNMoney.com - Oct 11, 2007
Switching off the lites - Economist - Oct 11, 2007

Toll Brothers downgraded

2007-08-21T10:23:00.001-07:00

"The global fallout from the U.S. subprime mortgage crisis won't dent economic growth in Germany, according to Finance Minister Peer Steinbrueck, who said the country's financial sector can absorb the shock." source:bloomberg
"Toll Brothers had its shares downgraded to a sell recommendation Tuesday, as worries rise that rising problems in the market for large mortgages would hit the luxury home builder." source: cnn
"Following is a list of companies that made statements between Aug. 11 and 21 to indicate the extent of their exposure, together with details from analysts' research notes." source:reuters

Subprime News

2007-08-21T09:55:00.001-07:00

"The next chapter of the subprime-lending debacle could include fraud charges for investment banks and companies that did not fully explain the risk of subprime-related securities to investors." source:iht.com
"A doubling in currency volatility since June has knocked the ``carry trade'' off its perch as the most profitable strategy in foreign exchange, hurting investors from John W. Henry & Co. to Campbell & Co." source: bloomberg
``I don't think that the unwind of the carry trade is over by a long shot,'' said Naomi Fink, senior currency strategist at BNP Paribas SA in New York. ``The subprime issues remain.'' source:bloomberg
Timeline of the subprime developments.
"Hiscox also said it had “almost no exposure to subprime mortgage backedproducts.”" source:iht.com
"The subprime mortgage crisis may generate more claims on so-called directors and officers insurance policies and similar coverage, according to one of the world's largest insurance brokers. " source:cnn
"Switzerland's top banker has warned of massive losses from the unfolding credit
crisis, describing the collapse in US lending standards as "unbelievable". Jean-Pierre Roth, president of the Swiss National Bank, said market turmoil was far from over as tremors from the sub-prime debacle continued to rock the world." source:telegraph.co.uk
"Billionaire investor Warren Buffett may buy parts of beleaguered mortgage lender Countrywide Financial Corp (CFC), some investors are speculating, according to The Wall Street Journal." source: reuters
"Ottimo Funding LLC, whose name is Italian for ``excellent,'' has the highest possible credit rating and doesn't own subprime mortgage bonds. That made no difference to investors who refused to buy Ottimo's $3 billion of short-term debt this month as losses on home loans to risky borrowers infect the global credit markets." source: bloomberg
"The 1-month T-bill rate has plunged from 4.52% last Tuesday to as low as 1.25% today. That's not a typo! It was actually down by more than THREE full percentage points in just four trading days!" source:moneyandmarkets
"Foreclosure filings rose 9 percent from June to July and surged 93 percent over the same period last year, with Nevada, Georgia and Michigan accounting for the highest foreclosure rates nationwide, a research firm said Tuesday." source:yahoo.com
"The Bank of England said that it loaned 314 million pounds ($628 million) from its standing facility, marking the first time that a commercial bank has asked for additional money since July 17. " source:bloomberg

Corporate Bond risk rises

2007-07-24T10:25:00.001-07:00

"Corporate bond risk rose to a two-year high in the US and Europe, according to credit-default swap indexes that allow investors to speculate on the ability of companies to repay debt or hedge against the risk they won't. Indexes tied to the risk of owning high-yield, high-risk loans fell to record lows, suggesting demand is deteriorating for leveraged buy-out debt." source: The Age
"The newest index launched last week, however, indicated that loans from the first half of 2007 are still plagued by the deficiencies seen in those from the previous year. The BBB-minus slice of the newest ABX version started to trade at 49.5 cents on Thursday and the AAA piece at 99 cents. The lax underwriting standards that make loans more susceptible to delinquencies and defaults continued even in the first few months of 2007, said Norman Cerk, partner at Balestra Capital, a New York-based hedge fund. The newest index could be "worse" than the previous index, Cerk said. "Even the very safe AAA and AA could see losses."" source: forbes

Housing market continues to underperform

2007-07-18T12:10:00.001-07:00

"The U.S. housing market will continue to slump for the remainder of 2007, with home sales falling further and price growth will continue to slow, a leading industry economist said on Wednesday. David Berson, vice president and chief economist at Fannie Mae (FNM.N: Quote, Profile, Research), said 2006 and 2007 combined will show the biggest drop in sales since the housing downturn of 1989-91." source:reuters
"Ben Bernanke, chairman of the Federal Reserve, tonight warned that the downturn in the troubled US housing market would get worse before it got better as he pledged action by the central bank to rein in abuses in the sub-prime mortgage market." source:The guardian

-

2007-07-04T02:38:00.001-07:00