1-10 of 15 hubssort by Hot Best Latest
82How Bad Is The Subprime Mortgage Crisis?
To understand the nature of the subprime mortgage crisis and how we got ourselves into such an incredible mess (as well as what that mess really is), we need to go back several decades and examine how the...
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48Data loss due to STOP error message post unsuccessful registration of DLL files
The Olemsg32.dll and Cdo.dll files (all versions) are primarily used to implement messaging and collaboration functionality into a custom application. Once you install these files into your system, you need...
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70What is a CDO
A rather popularized description of CDOs (Collateralized Debt Obligations) can be found at portfolio.com (check below). It has lots of nice animation and pictures. The real definition of a CDO. ...
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60Protests on Wall Street - what the news media isn't showing you
Hundreds of protestors demonstrated agains the proposed $700 Billion bail out plan for the finance and banking industry, yet the national news media in America didn't even report it! Why not? It seems...
77Crook Alert!! AIG Paying $165 Million Bonuses and $52 Billion to Counterparties with Taxpayers' Money
Resignation Letter from AIG VP Jake Desantis Mr. Desantis resigned from AIG and will donate his the after-tax proceeds of his retention payment to charity. He is bitter toward CEO Edward Liddy for his failure...
6 comments56PPIP is a fraud - What Really should be done
The newest attempt by the U.S. Treasury department to bailout the mortgage crisis is just another failure. In theory it encourages investments into worthless Collateralized Debt Obligations (CDO) by using a...
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74The Other Side of SubPrime Loans
A wise man by the name Warren Buffet had once remarked “Derivative products are financial weapons of mass destruction”. He was spot on but the so called finance wizards paid no attention to his wisdom. ...
65 comments
42Sponsor an Executive
You may not realize it but the people who are suffering the most as a result of the subprime mortgage crisis are executives of Wall Street firms whose bonuses have been cut or have lost their jobs. In...
5 comments65A Wave of Bank Failures is coming
SEE UPDATE BELOW: CITIGROUP SHARES CRASH TO $1.00!!! Recently, I watched a video of Jim Cramer on TheStreet.com. Now, whether you agree or disagree with him, you have to admit that this guy has been around...
69AIG Drives GM Bankrupt
By now everybody knows that GM will not survive without a bankruptcy reorganization. President Obama has said that he will expect (require?) the bankruptcy soon. Why? GM makes plenty of money. It uses...
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