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85

Subprime Home Mortgage Crisis

by Ralph Deeds

"We forgot there was a lot more risk in the strategy," said one State Street executive." The State Street Corporation which manages $2 trillion for pension funds and insurance companies fired a senior... published 12 months ago

11 comments    bank of america wells fargo sivs

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Straws in the Wind March 27, 2008

by Ralph Deeds

I don't recall seeing so much bad news in one day's Wall Street Journal as I did this morning. Front page Money & Investing: Bond, Loan markets Remain Wary--Despite Fed's Efforts, Interest-Rate 'Spreads'... published 7 months ago

2 comments    investing foreclosures citigroup

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With Markets Moving Wildly, Insight Suffers NYTIMES article by Floyd Norris

by Ralph Deeds

NYTimes ace financial writer Floyd Norris details how the subprime mortgage fiasco affected Thornburg Mortgage a conservative real estate investment trust (REIT) which had avoided risky supbprime mortgage... published 14 months ago

0 comments    investing federal reserve

55

Straws in the Wind 11-3-07

by Ralph Deeds

In a special meeting tomorrow (Sunday) Citigroup's board of directors is expected to fire the bank's CEO, Charles O. Prince. Prince will follow Stanley O'Neal Merrill Lynch's CEO who was fired last week in... published 11 months ago

bank of america merrill lynch mortgage crisis

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A Day of Wild Market Swings and Global Anxiety Uchitelle and Peters in the NY Times

by Ralph Deeds

Jeremy Peters and Louis Uchitelle, NYTimes economic writers report on yesterday's market gyrations. http://www.nytimes.com/2007/08/17/business/17stox.html?ref=business published 14 months ago

0 comments    investing stock market

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