Learn. Share. Connect. (52,391 Members)  - Join

November 2008 - Around The Web



Site Tools

Join Now or Sign In
for Full Access to All Features
What is
'Around the Web'?

It is a continuously updated stream of news from around the web.  Visit throughout the day for the latest breaking news.

Have News to Share ?
Members are encouraged to suggest stories for Around the Web.  Click the 'Suggest a Story' link to sumbit a link for review by our editors.

+ Suggest a Story

Syndication

Archive List

  • Case-Shiller House Prices: Free Falling
    Published Tue, Nov 25 2008 11:29 AM by Calculated Risk Blog
    S&P/Case-Shiller released both the September monthly home price indices for 20 cities (with two composites), and the national house price index. The national index shows prices are off 16.6% from Q3 2007, and off 21% from the peak. I'll have more...
  • Another Crisis, Another Bailout
    Published Tue, Nov 25 2008 11:28 AM by feedproxy.google.com
    Only a week after the Treasury Secretary said that the government bailouts had stabilized the most important financial institutions, plunging stock prices forced the government to step in again. click for video > Source: Another Crisis, Another Bailout...
  • Rogers: Dollar to Be ‘Devalued’
    Published Tue, Nov 25 2008 11:27 AM by feedproxy.google.com
    Jim Rogers on Bloomberg TV The U.S. dollar will be “devalued” as policy makers seek to weaken it, undermining the greenback’s role as an international reserve currency, said Jim Rogers, chairman of Rogers Holdings in Singapore. “They think that if you...
  • Visual Guide to the Financial Crisis
    Published Tue, Nov 25 2008 11:27 AM by feedproxy.google.com
    Via , comes this not quite perfect (some causation omissions) but close enough to be intriguing enough visualization of the credit crunch: > Source : WallStats.com, 11/13/2008 http://blog.mint.com/blog/finance-core/a-visual-guide-to-the-financial-crisis...
  • U.S. problem banks rise to 171 at end of third quarter: FDIC
    Published Tue, Nov 25 2008 11:27 AM by Reuters
    WASHINGTON (Reuters) - The number of problem U.S. banks and thrifts jumped in the third quarter to 171, from 117 at the end of the prior quarter, marking the highest level since the end of 1995 and adding to expectations that more banks will fail, regulators...
  • Citigroup on the Brink, Despite Government Rescue
    Published Tue, Nov 25 2008 9:40 AM by Seeking Alpha
    submits: The term that is the basis of all discussions in elementary economic modeling, especially when comparing two factors, is ceteris paribus . Ceteris paribus means "with other things the same" and represents the best guess as to what is...
  • Hedge Funds' De-leveraging Still Has Another $200 Billion to Go
    Published Tue, Nov 25 2008 9:39 AM by Seeking Alpha
    submits: Hedge funds looking to slash their use of borrowed money may have to unload another $200 billion in assets to reach their objectives, a new study found, though a Money Morning expert believes the exit door could get pretty narrow should the holiday...
  • Bailout Pledges Hit $7.7 Trillion
    Published Tue, Nov 25 2008 9:38 AM by feeds.feedburner.com
    Bloomberg is reporting . The money that’s been pledged is equivalent to $24,000 for every man, woman and child in the country. It’s nine times what the U.S. has spent so far on wars in Iraq and Afghanistan, according to Congressional Budget Office figures...
  • Construction Employment and the Obama Stimulus Package
    Published Tue, Nov 25 2008 9:37 AM by Calculated Risk Blog
    One of the key elements of the Obama stimulus package is infrastructure investment. From the WSJ: The construction industry, beset by one of the biggest drops in employment in the current economic downturn, could be poised for a rebound under President...
  • Citigroup Bailout Raises Viability Questions For Entire Banking System
    Published Tue, Nov 25 2008 9:36 AM by feeds.feedburner.com
    Still more details are emerging from the . And in what is no surprise in this corner, it appears Citigroup is not well capitalized and . The government rescue of Citigroup Inc. reversed the perilous slide of the company's stock, but pressure is mounting...
  • Lennar Upgraded To Buy At UBS
    Published Tue, Nov 25 2008 9:35 AM by feeds.foxbusiness.com
    Lennar Upgraded To Buy At UBS
  • FDIC moves in on banks
    Published Tue, Nov 25 2008 9:35 AM by rss.cnn.com
    FDIC chief Sheila Bair has already drawn attention for turning her agency from a regulatory backwater to a force in the reshaping of the financial industry. Now a little-noticed proposal that is close to passing would expand her influence further - and...
  • Buffett to disclose more on derivatives
    Published Mon, Nov 24 2008 11:23 PM by Reuters
    NEW YORK (Reuters) - Warren Buffett will provide more information on how his company Berkshire Hathaway Inc computes losses on derivatives, after the U.S. Securities and Exchange Commission asked for better disclosure.
  • Goldman to sell $2 billion in FDIC-backed bonds: source
    Published Mon, Nov 24 2008 11:23 PM by Reuters
    NEW YORK (Reuters) - Goldman Sachs plans to sell at least $2 billion of new debt that will be guaranteed by the Federal Deposit Insurance Corp, with pricing expected Tuesday, according to a market source familiar with the sale.
  • Dow Gains 15% in 7 Hours
    Published Mon, Nov 24 2008 5:38 PM by feedproxy.google.com
    Astonishing: The Dow has run from 7450 to 8598 — more than 15% since Friday at 2:30
  • The Negative Equity Phantom Menace
    Published Mon, Nov 24 2008 5:37 PM by Seeking Alpha
    submits: Month after month after month I read articles on how more and more of America's homeowners are underwater, and how negative equity is allegedly "driving" homeowners to walk away from their homes. If you ask me this is a classic...
  • Sin Citi
    Published Mon, Nov 24 2008 5:36 PM by www.portfolio.com
    C itigroup is as I write these words. Now, let's be clear: This is a good thing. But it also stinks, in a very deep, ingrained, infuriating way. Bailing out Citi is a bit like putting out a fire in the house of a very irresponsible fellow down the...
  • Moody's tightens approach to mortgage-backed securities
    Published Mon, Nov 24 2008 5:36 PM by www.marketwatch.com
    WASHINGTON (MarketWatch) -- Moody's Investors Service Inc. (MCO) is tightening its criteria for evaluating U.S. residential mortgage-backed securities. The credit-rating firm detailed the changes in three reports issued Monday and said it will put...
  • Freddie Mac Expanded Investment in Home Loans in October
    Published Mon, Nov 24 2008 5:36 PM by www.washingtonpost.com
    Freddie Mac increased its support for the nation's ailing home loan market in October, in part playing the role the government desired when it seized the mortgage finance giant.
  • Donny Deutsch Has ‘The Right Idea’
    Published Mon, Nov 24 2008 3:30 PM by mrmortgage.ml-implode.com
    In case you have not watched Donny Deutsch over the past few weeks, his new format is in-your-face coverage about the financial crisis using CNBC anchors or contributors as guests each night. His favorites seem to be Gasparino and Jeff Mackey. It is very...
< Previous 1 2 3 4 5 Next > ... Last »
Home - About - Contact - Sitemap - Disclaimer - Privacy Statement - Advertising - RSS - Link To This Page

All Content Copyright © 2003 - 2009 Brown House Media, Inc. All Rights Reserved.
Reproduction in whole or in part in any form without the express written permission of MortgageNewsDaily.com is prohibited.