Rich4REITs

Barney Frank's 'Subprime Relief Plan' May Make a Bad Situation Worse

This plan is greater than Mission Impossible at all! How come they can prevent and fake document of debt-to-income again? Who gonna issue the values of borrowers' houses on March 1, 2008? In the end, whose money to support the FHA loan? Frank? Uncle Ben? or the public??????

Blame Realtors, Brokers and Bankers - Not Greenspan

This article is more than terrific!! The origin of all these credit catastrophes is, mainly, the greedy rooted in human beings. Unless the economic system has been altered or adjusted, there will be new, unknown risk invented by bankers. If we compare the subprime mortgage with Enron, there are thousand of similarity amid. SIVs remain prevailing and always playing a vital role within any financial scandal. Bankers just wrap their unforeseen risks into SIV and hide it. I mean it can not be seen immediately even in accordance with the new SEC rule. They only need to disclose certain SIV with time lag. It's a time bomb, still.
I would like to say unless SIV can be critically modified or even erased, we have less chance to avoid any coming financial catastrophe in the near future.

My 2008 Predictions for Financial Catastrophe

Except November prediction, I hardly can refute all above...

The Inevitable Derivative Meltdown

I am with the writer, if one have experienced any catastrophe like decades ago in Vietnam. This time, the trigger is no longer communist but human being itself, the greedy!! If one have a glance at how much money Goldman Sach CEO had for his annual bonus and to see what they done. I have been traveling around the world and witness many people with hopeless and helpless, like Sri Lanka, Bumbay and innerland of China. However, the tragedy will not happen, instead, there will be another revolution incurred. Open your arms to hold it!!

Alan 'Not-Me' Greenspan Strikes Again

Before 2000, people confronted dotcom bubble, the low interest rate fund save the market; however, create another behemoth unconciously. After all, the culprit is Greedy instead of Alan or Ben. As long as those super innovative banker around the world don't pay for their crimes, the greedy will morph and become something we don't perceive in next time. Policy makers are goons of those bankers, always. Frozen rate will never ever solve the problem of subprime but worsen it.
God bless capitalism!!

Is Nokia Looking for Revenue in the Wrong Places?

Excellent article! It reminds me Zander and V3 series. Remember how bossy and confident they once were...... Who else can recall Wang now? Only company confront its competitor bravely and tactically can win, eventually.

Jefferies Out Positive on Solar Stocks

The key point of Solar sector is in its transition ratio instead of capacity. The more they produce doesn't guarantee more profit. Only high-transition rate company can survive eventually.

JPMorgan Best of the I-Banks - Barron's

Is this an ads of JPM?

ARM Bailout Unfair to Responsible Borrowers

I can only say that the financial catastrophe will come back with more destruction than expected. This stupid and irresponsible bailout is about to save their, politicians and bankers, asses but nothing else.

Learn from Japan and Have a Plan

I Do agree with this aspect regarding Japan. However, I have no idea if US will follow the footprints like Japan or even worst. At least, Japan is one of the few countries with very less deficit..........

Fannie Mae's Housing Forecast Seems Too Optimistic

FNM has to bluff in order to keep some naive fund to save their ass...........

But Is Subprime Really the Issue?

This is the best article ever read after subprime devastation. The problem is not subprime since it's designed for people need that. However, it's because of greedy of financial market.

Blackstone IPO May Signal Private Equity Top - Barron's

Absolutely right!! The high gearing fuel the power of M&A for PE. To see what GE's growth exactly is. The ROCE has been increasing parallel with ROE during Jack era. When there is less target for M&A, no more fuel or expensive cost for that will stop the M&A machine stopped.