Hints and tips:
...Finally, when the MBS market first started taking off in the 1970s and 1980s it also needed a government quasi-guarantee in the form of backing from agencies like Fannie Mae and Freddie Mac....
...MREITs are like traditional real estate investment trusts, but they buy individual mortgages and MBS instead of property....
...It weakens trust in government more broadly. And most damagingly of all, it corrodes support for any form of human rights framework or judicial restraint on what an elected government may do....
...“But if MBS trusts you, he eases off — a little bit,” he says. Bankers and people who have worked with the fund say the top-down structure allows it to be nimble....
...“There hasn’t been a lot of consistency, so investors have to relearn with each new deal,” said John Sim, MBS analyst at JPMorgan, who spoke about market trends but not a recent deal sold by the bank....
...Ian BremmerWell, US-China’s one, and not because there’s suddenly trust in the relationship, but just because compared to the conversations we’ve been having so far in this podcast, both the Americans and...
...There’s no trust in Washington or in Riyadh. The relationship has become very cold, very transactional....
...Referring to Braun, he added: “MB always says that he has one foot in prison anyway.”...
...Meanwhile, 44 per cent cited condition and 40 per cent gave quality as concerns, with 39 per cent saying they did not trust sellers....
...“We want the fans to trust us. We will listen to your voices and hope to get the rewards the fans richly deserve.”...
...HSBC was also trustee of a $55m al-Jabri trust called Black Stallion which he set up in Jersey....
...news, analysis and comment at www.ft.com China warns that spread of deadly virus will accelerate More Chinese cities restrict movements as scientists point to difficulty of containing infection Saudi’s MBS...
...And that by and large is a function of a trust-based financial system. Trust spares the system liquidity....
...If you come away from this meticulously assembled book sensing that MbS is a dangerous man, trust your instinct....
...Two deals in 2018 that included meaty premiums — Fifth Third/MB and Synovus/Florida Community — resulted in the shares of both buyers taking an immediate beating....
...Many happy returns. 4:00pm BST - Elsewhere in elderly-men-with-a-lot-of-opinions news: MBS, via the Saudi Press Agency, doesn’t mention however million barrels but does call for an Opec+ crisis summit,...
...If Ronald Reagan stood for the maxim “trust but verify”, Mr Trump embodies “trust and look away”....
...But the idea that the US can build a grand strategy around the maniacal figure of MbS will have to be abandoned. “Put not your trust in princes” was always sound advice....
.... -- Masayoshi Son, MBS, and a $22bn test of values. -- A story from inside Google. -- D-Sol, reviewed. -- Dollar > Trump?...
...Earlier this month, players in the repo market were willing to pay banks 25 basis points more than they could earn leaving their cash at the Fed, according to a rate compiled by the Depository Trust & Clearing...
...The slow collapse in trust, played out in public, represents a dramatic departure from the close and covert relationship that the CIA and MI6 developed with his ousted cousin and rival for power, Mohammed...
...“Don’t get a photo with MbS,” one banker advised. The fallout from the Khashoggi affair has put the PIF and its mission on the back foot....
...But an even graver illusion may be the illusion that there is someone other than MbS who can run Saudi, in the short or perhaps even medium term....
...It is fanciful to expect shareholders to suspend their own need to make money and simply trust bankers to make the right choices....
...Then, in January 2015, an “event of default” notice was sent to more than 100 MBS trusts which Ocwen was servicing, alleging improper behaviour and bringing the company to its knees....
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