Hints and tips:
...The tone was set when Buddy Holly and two other rock and roll singers, Ritchie Valens and JP Richardson, died in a plane crash in 1959....
...This, combined with the fall in governments, afforded the highest, triple-A credit rating, and the drop in debt issued by US agencies – such as Fannie Mae and Freddie Mac – is pushing up order books....
...Guaranteed to Fail: Fannie Mae, Freddie Mac and the Debacle of Mortgage Finance, by Viral Acharya, Matthew Richardson, Stijn van Nieuwerburgh, Lawrence J White, Princeton, RRP£16.95, $24.95 It is comforting...
...Matthew Richardson of New York University says the problem is getting the genie of government support back into the bottle. This would stuff it halfway back....
...Cooley, Robert Engle and Matthew Richardson, all of whom argue that while measures such as the Volcker Rule — as enforced under the Financial Stability Oversight Council — represent important steps in curbing...
...“You get married, you have kids and you buy a house,” says Mrs Richardson, 26. “That is just the order of things.”...
...In the week before the failure of Lehman, I among others urged Mr Paulson, who had just bailed out Fannie Mae and Freddie Mac, not to keep on rescuing financial institutions....
...Freddie George, analyst at Seymour Pierce, said in a note that he was cautious over the net debt level of the group, which is forecast to come in at about £500m....
...Bill Richardson, the former governor of New Mexico, described the crisis as the “hurricane Katrina of the mortgage-lending industry”....
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