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Moody’s downgrades Azerbaijan banks...
Results, analysis, statistical data on Cyprus Cmas travel prices nightmare CSE listed...
Hot tips on international Cyprus Christmas travel prices nightmare. stocks & FX trading.Hot tips on ...
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MetLife Provides Information Regarding Its Commercial Mortgage ......
MetLife holds approximately $15.9 billion of CMBS, of which over 95% is rated AAA/AA. 78% are from 2005 and earlier vintages that benefit from stronger underwriting, property value appreciation and a proven payment record by the underlying borrowers. Of the remaining 22%, 15% are 2006 vintages and 7% are 2007. Over 90% of 2006 and 2007 holdings are super senior and senior AAA, with average cred...
Treasury Denounced Over Bailout...
Last Modified: Wednesday, November 19, 2008 at 5:13 a.m.
WASHINGTON — The Treasury secretary, Henry M. Paulson Jr., on Tuesday rejected pleas to use money from the $700 billion bailout program to help homeowners avoid foreclosure or to stave off bankruptcy by Detroit’s Big Three automakers.
Click to enlarge Henry Paulson, far left, Ben Bernanke and Sheila Bair said Tu...
Posted by kasee...
THE "OUTING" OF ROCKY BRU. No more secret Zeti and Jomo picked for UN financial panel Crowd holds peaceful anti-ISA gathering in PJ Remembering Malaysian Unity Day November 25th Neighbourhood Candlelight Vigils Fighting for our Future Guan Eng: Why was RM200,000 rental fee not collected? MPSP's missing millions: Guan Eng asked to reveal report Sarawak Holds The Key To PKR Government, Says Anwa...
Peak Oil, Cars, and Depressions...
As the global economy heads into terra incognita and the stock market tries to prove it has seen the worst my thoughts, for whatever they are worth, are:
1. Some economic observers such as John Thane , the CEO of Merrill Lynch, and JC Penney’s CEO Mike Ullman are saying the current economy is comparable with the Great Depression. We need fiscal stimulus (since we’re nearly out...
Downturn Drags More Consumers Into Bankruptcy...
A series about the surge in consumer debt and the lenders who made it possible.
Tony and Carrie Forsyth filed for bankruptcy to keep their house in Tamarac, Fla. "There was no other way for us to live and support our family," Mr. Forsyth said.
Sign In to E-Mail or Save This Print Single Page Reprints By TARA SIEGEL BERNARD and JENNY ANDERSON Published: November 16, 2008T...
Penn Traffic to Close Oswego, NY & Lebanon, NH Stores...
Member Center : Register Sign In President- elect Barack Obama Market Crisis Oil Prices SPY 91.38 0.23%C 9.51 0.63%GE 16.96 0.59%Volume Leaders Australia Brazil China Germany Hong Kong India Indonesia Japan Mexico South Korea United Kingdom United States HOME POLITICS & POLICY INDUSTRIES GLOBAL MARKETS TECHNOLOGY PERSONAL FINANCE ENTERTAINMENT EDUCATION TOP NEWS HEADLINES FOREX CENTER COMMODIT...
SingTel secures USD710m for refinancing...
Singapore Telecommunications (SingTel) has secured SGD1.075 billion (USD710 million) in financing from a number of Asian banks. The operator has signed a five-year SGD350 million credit facility with a consortium of banks including The Bank of Tokyo-Mitsubishi, DBS Bank and Oversea-Chinese Banking Corporation. In addition, it has inked a 3.5-year revolving credit facility with a consortium that...
Peter Ladner's open letter to citizens about Olympic loan...
November 13, 2008Login or register to post comments email print By Charlie Smith
Yes, it is time for some openness and transparency about Southeast False Creek and the Athlete’s Village.
We are all deeply fearful about our economic future.
And, yes, this project is in a weaker financial state now than it was a year ago, or even three months ago. Financing is tougher today, ...
Fixed Mortgage Rates Down for Second Week...
FINANCIAL CRISIS CENTER: Have a question for SmartMoney? Email ask@smartmoney.com or call us toll-free at 866-219-0687. Published November 13, 2008 11:22 AM A A A
Mortgage rates dropped again this week, prompted by more indications of weakness in the economy, Freddie Mac's chief economist said on Thursday.
The 30-year fixed-rate mortgage averaged 6.14% on a national basis for the ...