Elsewhere on Monday,
- “Why no outrage?”
- “It turns out that the US government itself was one of the lenders giving out high-interest, subprime mortgages, some of them predatory.”
- US/UK house prices will fall for two years.
- “Is America too big to fail?”
- “An emergency move by the SEC aimed at curbing manipulative short-selling in some major financial firms should be expanded to all publicly traded banks, a top trade group said.”
- “Dubai is rather frothy.”
- CalPERS down 2.4%, CalSTRS down 3.7%
- The case for buying agency mortgage bonds.
- Lake Las Vegas in bankruptcy
- CME-Nymex: a done deal.
- Hundreds of thousands face job loss in the UK
- “The Boston Fed is planning a foreclosure prevention workshop next month at Gillette Stadium in Foxborough, Mass.”
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