Hints and tips:
...The last time the industry saw such a big haul was in 2007 when John Paulson made about $15.6bn betting against subprime mortgages. It’s a huge feat for the soon-to-be Florida-based firm....
...Silver Lake has struck its latest deal in France by agreeing to buy financial services broker Meilleurtaux from Goldman Sachs for about €700m, people with direct knowledge of the matter said....
...At private meetings in Berlin, Thoma Bravo representatives outlined a fundraising effort that would bring in $35bn, according to people with direct knowledge of the matter....
...Our next event: the next gathering of the DD Forum looks at direct listings and new twists on the initial public offering....
...Tencent direct is our preference (Thomas Chong’s recent PT hike)....
...Payment Protection Insurance policies were often added to loans, credit cards and mortgages from the late-1990s, with sales peaking in 2004....
...“With owner-occupied homes, the subsidy is direct,” says Prof Chandan. “On the multi-family side [large apartment complexes], it’s less clear how you provide subsidy for the renter.”...
...If it sees you are buying dinners for two and overpriced bunches of flowers it might offer you a new (bigger) mortgage or a car loan....
...Foreign direct investment in residential real estate is only tracked by surveys....
...07.00: Germany unemployment and retail sales08.00: Spain Q3 gross domestic product (preliminary) and consumer price index08.00: Switzerland KOF leading indicator09.30: Bank of England consumer credit and mortgage...
...Due.Diligence@ft.com PE’s dirty secret Plenty of homeowners with big mortgages have to take out an overdraft to finance their monthly spending but few would claim to be better off after incurring these...
...Corsair’s other investments include Currencies Direct, a UK-based foreign exchange company, NoteMachine, an ATM operator and Enstar, a Bermuda based insurer....
...GICS direct, a joint classification system of MSCI and S&P, will reclassify REITs on Wednesday. Effective September 1, funds that track GICS direct will see 11 sectors....
...Matthews International Capital Management, LLC does not accept any liability for losses either direct or consequential caused by the use of this information....
...Mr Morley, a former mortgage trader, co-founded Guggenheim Partners in 1999 by persuading the wealthy Guggenheim dynasty to transform their family investment office and manage outside money....
...It arguably defeats the point if the sovereign would have to still pay out on (say) bank debt, if guarantees were called, when it’s just burned its direct bondholders....
...(Financial Times) BATS and Direct Edge merger creates second-largest US exchange: “US stock trading is set to be dominated by three companies after BATS Global Markets and Direct Edge agreed a merger that...
...The increase comes after the Federal Housing Finance Agency agreed to settle with JPMorgan for $4bn last week over allegations of mis-selling mortgage securities....
...Shareholders should also vote against the re-election of James Johnson, head of the board’s compensation committee and former chief executive of US mortgage giant Fannie Mae, Glass Lewis, the advisory firm...
...As a direct result, the report suggests US swaps trading may drop by about $55tn in notional volume....
...In what appeared to be a direct challenge to the Chinese claim, the Pentagon said that the flights were a long-planned training mission and insisted that the US would continue to operate in what it considers...
...The Direct Line and Crest Nicholson floats show that the market is operating well,” he said....
...(Financial Times)(Reuters) “The New York attorney-general is preparing to file a lawsuit against Credit Suisse, alleging the Swiss bank misled investors who lost more than $11bn on mortgage-backed securities...
...- Felix returns to eminent domain and mortgages. - Another take on economists and arrogance....
...By 2008 he was managing $26bn after big bets against subprime mortgage securities....
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