Mortgage and Financial News From 2008-3-10 Page 17

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  • Euro-trash (Asia Times)

    I suggested in last week's article ( Dead Dollar Sketch ), that the end of the US dollar hegemony as the global reserve currency has ended.
    2008-03-10 03:32:09

  • What is left that is sellable? (Asia Times)

    The release of the Federal Reserve Board's Flow of Funds data for the fourth quarter and full-year 2007 underscores the continuing bursting of numerous economic bubbles, with no end in sight. The root of the problem, of course, can be traced to faltering real estate finance.
    2008-03-10 03:32:30

  • Advertisement starts (Tiscali)

    "We believe that there will be increasing pressure this year to use more (incentives) and we are forecasting a decline in margin of 26 basis points in the year to 19.8 percent."
    2008-03-10 03:39:20

  • Sluggish start ahead for Wall Street (CNN Money)

    Stocks pointed to a weak open Monday as the dollar weakened further and economic concerns sent overseas markets lower.
    2008-03-10 03:40:16

  • Americas Watchdog's Corporate Whistle Blower Center Investigates Auction Rate Preferred Shares And Wants To Talk With ... (PRWeb)

    Americas Watchdog and its Corporate Whistle Blower Center have launched a national investigation involving "auction rate preferred shares" (ARPS). The investigation was initiated because many investors have either lost the value of their investment, or the assets value has been frozen. According to Americas Watchdog, "this could be another $300 billion US disaster". Americas Watchdog wants to ...
    2008-03-10 03:40:21

  • Text Message Leads To Drug Bust (WCVB Boston)

    Police said a text message intercepted by school officials helped interrupt a drug deal at Concord's Bishop Brady High School.
    2008-03-10 03:42:28

  • River Search For Body Continues (WCVB Boston)

    Rescue crews will resume searching the Sudbury River Monday morning, looking for someone spotted struggling in the frigid water Sunday night.
    2008-03-10 03:42:38

  • (AFX UK Focus) 2008-03-10 10:25 GMT: TFN NEWS BRIEFING: Macroeconomics highlights to 10:10 GMT (Interactive Investor)

    2008-03-10 10:01:43 Czech Feb CPI, unemployment data split analysts over rate hike
    2008-03-10 03:44:20

  • AP Executive Morning Briefing (AP via Yahoo! Finance)

    The top business news from The Associated Press for the morning of Monday, March 10, 2008: Oil Prices Steady Above $105 a Barrel
    2008-03-10 03:45:07

  • Hoenig says Fed rate cuts face headwinds

    Reuters - In the current situation, monetary stimulus is facing significant headwinds ... The FOMC next meets March 18 to consider interest rates. Hoenig's comments suggested he does not share the financial market's ...
    2008-03-06 03:58:00

  • Beware that gift horse

    The Washington Times - The current housing conundrum is case in point. Just as the Department of Housing and Urban Development announced a ... In order for FHA to insure these loans and keep interest rates low, it is required to do things like check credit- worthiness ...
    2008-03-10 01:01:00

  • Asian stocks fall on US recession fears, Malaysia dives on election ...

    CNBC - Thornburg said Friday it does not have enough cash to cover current margin calls and it will restate past financial ... The Chinese central bank has been raising interest rates and curtailing bank lending activities to curb rising inflation.
    2008-03-09 11:43:00

  • Home Market Won't Be Buoyed by New Mortgage Caps: John F. Wasik

    Bloomberg - ... with about $500 billion in adjustable-rate mortgages due to reset to higher rates ... If you can lower your current rate by three-eighths of a percentage point, it can ... The affordability crunch was one of the reasons homeowners got into interest-rate ...
    2008-03-10 12:54:00

  • Silver Standard Reports Year-End 2007 Results

    MSN MoneyCentral - ... reflected a gain of $35 million from the sale of a property joint venture interest. ... Current assets - total 132,981 255,596 ... activities, labour relations matters, and changing foreign exchange rates, all of ...
    2008-03-10 01:51:00

  • S.Korea targets 6 pct growth, analysts sceptical

    Guardian Unlimited - On interest rates, South Korea's central bank will manage monetary policies "flexibly," the ministry said. ... Higher oil prices will swing the country's current account to a deficit in 2008 of $7 billion -- which would be the ...
    2008-03-10 01:01:00

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