Hints and tips:
...During the 2008 financial crisis, America’s largest bank was the saviour of choice for failing investment bank Bear Stearns and bankrupt mortgage lender Washington Mutual, the biggest ever bank failure....
...Where else in the financial system do you see cracks appearing?...
...I think the extent to which, really, Putin has become the state, it's like maybe - I might be getting the French king wrong, but I think it's Louis XIV who said, l'etat c'est moi - I am the state....
...at the ‘C-suite’....
...Here’s Investec (sell) to summarise: [L]ockdowns are impacting consumption in North America (c. 30% of sales), Europe (c. 20% of sales), India (c. 10% of sales), Africa (12% of sales) and many countries...
...David Hollingworth, director at L&C Mortgages, says interest rates on fixed-rate mortgages had already been edging up since Mark Carney, BoE governor, dropped hints of a rise in base rates in September:...
...G.L. c. 183, § 6C (for a mortgage or assignment of a mortgage to be recordable in Massachusetts, the mortgage or assignment must “contain or have endorsed upon it the residence and post office address of...
...When defaults in America’s subprime market first cropped up two years ago, it was widely presumed that banks would simply absorb any mortgage losses....
...The Court has stayed all but the first-filed ERISA class action case (entitled Alvidres v. Countrywide Financial Corp., et al.)....
...The template is the Resolution Trust Corporation, created in 1989 to acquire bad loans from insolvent savings and loans institutions, the local mortgage lenders at the heart of the last great crisis in the...
...Merrill intends to close its First Franklin subprime lending unit, CNBC reported. Rival Lehman Brothers fell 4.8 per cent to $54.68....
...We believe that what is needed is a new Resolution Trust Corporation based on the 1989 model that cleaned up the S&L mess....
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