Thursday, November 20th, 2008

Posts Tagged ‘ Subprime Mortgages ’

Backed by the Air Force, This Energy Technology Could Make You Rich

Jun 5th, 2008 | By Byron King | Category: Oil Investment & Alternative Energy

During a trip to D.C., I talked with a group of people in the field of energy research. I heard some of the “inside baseball” information on one major DOD program that will convert large amounts of U.S. coal into synthetic liquid fuel. This will be a government-industry partnership, with the U.S. Air Force as the lead agency.



HSBC Chief Calls for Tougher Inflation Fight, Industry Changes

May 27th, 2008 | By Jennifer Yousfi | Category: Politics & Economics

The chief executive officer of HSBC Holdings PLC (ADR: HBC), Europe’s biggest lender, today (Tuesday) called on the U.S. Federal Reserve and other central banks to make fighting inflation a priority.



Major Lending Pullback Predicted by Maverick Wall Street Analyst Could Have Dire Implications for U.S. Economy

May 26th, 2008 | By William Patalon III | Category: Politics & Economics

Oppenheimer & Co. (OPY) analyst Meredith Whitney’s reputation has soared like a skyrocket since she made her bearish - but highly prescient - call on the banking sector, including Citigroup Inc. (C), as Money Morning reported last fall.



Turning Sub-Prime Misery Into Vacation Homes

May 21st, 2008 | By Adrian Ash | Category: Real Estate Investments

You can’t blame Fannie Mae for trying. Last year saw British property buyers snap up around 20,000 homes in the United States.



Subprime Crisis Hits Japan’s Largest Bank

May 20th, 2008 | By Contrarian Profits | Category: Featured, Financial News

Japan’s largest bank, Mitsubishi UFJ, has announced that its annual profits have plunged 28%, largely due to its exposure to the subprime market.

The bank said its annual subprime-related losses were more than 120 billion yen ($1.15 billion) and that it could lose another $480 million this year because of subprime exposure.

According to a report by Thomson Reuters, the bank’s president, Nobuo Kuroyanagi, said: “Subprime had a very broad effect on us.



Why Inflation Is Going To Hurt This Time

May 14th, 2008 | By Bill Bonner | Category: Politics & Economics

Falling house prices, tighter credit and rising prices are going to hurt consumers.



Could the Fed Be Exporting Stagflation to Europe?

May 1st, 2008 | By William Patalon III | Category: Politics & Economics

The U.S. Federal Reserve reduced the benchmark U.S. lending rate by a quarter point - from 2.25% to 2% - yesterday (Wednesday), and then hinted that it will take a break from one of its most-aggressive rate-cutting campaigns in decades.



Merrill Misses Expectations, Thain’s Mettle to Be Tested

Apr 17th, 2008 | By Mike Caggeso | Category: Stock Market Investing

Merrill Lynch & Co. (MER) ripped the Band-Aid off its investors today (Thursday), when it posted its third consecutive quarterly loss and announced 3,000 job-cuts in its first-quarter earnings statement.