Mortgage and Financial News From 2008-2-11 Page 18

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• SKorean shares outlook - Higher on technical rebound after Wall ... - CNNMoney.com

  SKorean shares outlook - Higher on technical rebound after Wall ...CNNMoney.com - 2 hours ago... grappled with the likelihood that American International Group Inc (NYSE:AIG) and other financial companies might have more mortgage debt to write off. ...
  2008-02-11 03:47:03

• Daiwa to Boost Principal Investments as Underwriting Fees Drop - Bloomberg

  Daiwa to Boost Principal Investments as Underwriting Fees DropBloomberg - 2 hours agoThat strategy backfired for Wall Street firms last year as losses on mortgage-related investments led to lower profits and, at Merrill and Citigroup Inc., ...
  2008-02-11 03:52:46

• Sunny Places, Sunny Finances - HoweStreet.com

  Sunny Places, Sunny FinancesHoweStreet.com, Canada - 2 hours agoI look around and see all of the credit card debt, housing mortgage debt, and even though the sawmills are closing at an alarming rate, nobody gets excited ...
  2008-02-11 03:56:37

• Financial gloom persists, Turkish stocks abandoned - Today's Zaman

  Financial gloom persists, Turkish stocks abandonedToday's Zaman, Turkey - 1 hour agoHe noted that Turkish firms did not have business relations with risky subprime mortgage firms and that the foreign investors did not leave the Turkish ...
  2008-02-11 04:03:58

• AIG fears $4.88bn sub-prime writedown - Times Online

  AIG fears $4.88bn sub-prime writedownTimes Online, UK - 1 hour agoThe raids follow recent price rises of between 10 and 12 per cent made by the companies within a few weeks of each other. (Christine Buckley)
  2008-02-11 04:07:25

• Text of Governor Freudenthal's State of the State speech - Jackson Hole Star-Tribune

  Text of Governor Freudenthal's State of the State speechJackson Hole Star-Tribune, WY - 1 hour agoThe subprime mortgage crisis, at least according to a recent publication from the Kansas Federal Reserve, has by and large passed over Wyoming. ...
  2008-02-11 04:17:50

• Global business - Minneapolis Star Tribune (subscription)

  Global businessMinneapolis Star Tribune (subscription), MN - 1 hour agoOlivant blamed the conditions imposed by the British government on a sale of the stricken mortgage lender. Egg, a British online bank, said it would cancel ...
  2008-02-11 04:20:43

• Former industrial US Rust Belt cities fight glut of abandoned houses - International Herald Tribune

  Former industrial US Rust Belt cities fight glut of abandoned housesInternational Herald Tribune, France - 1 hour agoHe has put 12 US companies on trial in absentia and has fined most, leaving each unable to sell any properties in the area until it pays up. ...
  2008-02-11 04:27:28

• 'Workout programs' announced for subprime borrowers - WOOD-TV

  'Workout programs' announced for subprime borrowersWOOD-TV, MI - 1 hour agoBy Patrick Center GRAND RAPIDS -- The largest mortgage lender in the country and a nationwide community group are formalizing a program for people with ...
  2008-02-11 04:37:47

• Wake up call - CNET Blogs

  Wake up callCNET Blogs, CA - 1 hour agoGiven how Wall Street didn't seemingly exercise any leadership whatsoever on the subprime mortgage debacles, it's refreshing to see that they're actually ...
  2008-02-11 04:38:21

• There's no cure for retirement investing anxiety - Austin American-Statesman

  There's no cure for retirement investing anxietyAustin American-Statesman, TX - 1 hour agoWould that be redundant since both funds hold at least five of the same companies in their top 10 holdings? A: Many funds share multiple stocks in their top ...
  2008-02-11 04:48:55

• SKorean shares higher on bargain hunting - Forbes

  SKorean shares higher on bargain huntingForbes, NY - 1 hour agoBut worries about further mortgage debt troubles in the US continued to haunt investors, with American International Group Inc (nyse: AIG - news - people ...
  2008-02-11 04:56:52

• India, China May Offset Recession - CNNMoney.com

  India, China May Offset RecessionCNNMoney.com - 46 minutes agoWe're getting impacted by the subprime mortgage stuff and have some financial stuff slowing economies. And inflation is possible. ...
  2008-02-11 05:13:46

• Business confidence falls to lowest level since 2001 - Sydney Morning Herald

  Business confidence falls to lowest level since 2001Sydney Morning Herald, Australia - 46 minutes agoCompanies are increasingly worried about a deterioration in global financial markets with business confidence falling to its lowest level since 2001, ...
  2008-02-11 05:14:19

• Korean plasma TV industry set to bounce back in '08 - Eetasia.com (subscription)

  Korean plasma TV industry set to bounce back in '08Eetasia.com (subscription) - 24 minutes agoMeanwhile, the US market is increasing flat TV orders in preparation for debut of digital broadcasting next year despite the subprime mortgage crisis. ...
  2008-02-11 05:35:31

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