Extend and pretend The Daily Reckoning When a house sinks under the waterline that is, when its market value is less than its mortgage the owner goes through the usual pattern of disbelief, ...
Re-emerging tigers IPE.com AFIAA, the investment manager owned by 18 Swiss pension funds, is building up a 280m exposure to Australian commercial. The move is the beachhead to ...
D2 losses exceed [euro]17m for 2008 istockAnalyst.com (press release) During the year the company invested in shares and loan notes of Victoria SA, a company based in Luxembourg, at a cost of pound(s)4.94 million. ...
Anglo Irish: a crash course Irish Times It set up an Isle of Man operation to support its growing sterling loan book and went on an acquisition spree to boost its international reach. ...
Weekly Rise in Japan in Five Weeks Ticker Magazine The loan-to-value ratio of the fund, slated to start in October, will be about 55% to 60%, enabling the company to buy as much as $1.3 billion in properties ...
US housing double-dip threatens banks Vancouver Sun I realize that the performance of corporate loan books has been strong but commercial property is still a problem area. The fact is, with changes in ...
Richard Fuld's Disinformation Campaign Forbes (blog) These suicide bombs included almost $30 billion of commercial mortgage backed securities more than any of its better capitalized competitors like Goldman ...
