Topic of the Day: Foreclosures
Since we haven’t really covered the foreclosure crisis here, I will use today’s links to point you to some articles on the topic. Hopefully this gives you a comprehensive look into what is happening.
- Robo-signers: Mortgage experience not necessary – Yahoo! Finance
- Daily Kos: Guess who’s going to pay the bill for the foreclosure crisis?
- FT Alphaville » JPM on foreclosures, MERS
- Are the Bank Foreclosure “Moratoriums” More PR than Real? « naked capitalism
- U.S. Home Seizures Climb to Record as Banks Review Foreclosure Practices – Bloomberg
- FT.com – Wells adds to crisis over home seizures
- Peter G. Miller: The Real Foreclosure Crisis: Who Owns the Mortgages?
- The Trouble with MERS « Timothymccandless’s Weblog
- 50 state attorneys general announce foreclosure probe
- A Look at How Unregulated Servicers Are, and the Consequences for Leaving this Crisis « Rortybomb
- Emptywheel on the Stress Tests, Servicing Fraud as a Counter-Cyclical Diversification Strategy. « Rortybomb
- The enormous mortgage-bond scandal | Felix Salmon
- Florida’s 30-Second Foreclosure Dash Hits Wall of Fraud Claims – Bloomberg
- Are the BRICs decoupling? | Credit Writedowns
Topic 2: ‘Currency Wars’
- FT.com / Comment / Michael Pettis – Do not overreact to China’s currency delays
- Gold, silver reach new record as US dollar slides | Business | guardian.co.uk
- FT.com / Currencies – Currency race that everyone is trying to lose
Topic 3: Quantitative Easing
- Economist’s View: "A Perspective on the Future of U.S. Monetary Policy"
- Fed Minutes Hint It Is Favoring New Stimulus Actions – NYTimes.com
Credit Writedowns
- Employment, Inflation and Trade Data Leave Dollar Vulnerable | Credit Writedowns
- Xin Fa’an: A modest proposal to resolve the coming trade war | Credit Writedowns
- Krugman: China is ‘Really the Bad Guy’ in Currency War | Credit Writedowns
- Dollar Gets Punished on Policy Outlook | Credit Writedowns
- Since Plaza Accord dollar-yen has sunk 70% without decreasing US deficit with Japan | Credit Writedowns
- Krugman: We Need $8-10 Trillion Worth of Quantitative Easing | Credit Writedowns
- Video: Cutting back in Ireland | Credit Writedowns
The Usual Fare
- Opinion: Drug decriminalization policy pays off – Glenn Greenwald – POLITICO.com
- How Intel clawed huge profits from the global downturn
- Report warns of coming wave of municipal pension shortfalls
- FT Alphaville » Ireland, Portugal join sovereign risk elite
- Build America Bond Record for Lowest Cost Set by AAA Virginia: Muni Credit – Bloomberg
- One in three Britons could not survive a week on their savings | Money | guardian.co.uk
- Revisiting Toxic Asset Purchases A Year Later | Pragmatic Capitalism
- FT Alphaville » Moody’s looks to Finland – to explain Ireland, Spain
- Orwell first edition found in charity bin – ABC News (Australian Broadcasting Corporation)
- `Golden Cross’ Seen as S&P 500 Buy Signal: Chart of the Day – Bloomberg
- Hård kamp för USA:s fattiga – DN.se
- Top General: Rumsfeld Was Worst Leader Ever – Swampland – TIME.com
- Barack Obama and The Fundamental Attribution Error – Swampland – TIME.com
- creditwritedowns.com writes like an old man. His style is academic and happy.
- Woman becomes US citizen 101 years after crossing border – Telegraph
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