Uncategorized

The Busted Homes Behind a Big Bet: Personal Finance News from Yahoo! Finance The government's civil-fraud allegation against Goldman Sachs Group Inc. centers on a deal the firm crafted so that hedge-fund king John Paulson could bet on a collapse in U.S. housing prices. It was a dizzyingly complex transaction, involving 90 bonds and a … Read more

Investment Strategy: Banks May Not Be Lending, But They Are Buying Treasurys – CNBC With credit conditions still tight and Congress likely to clamp down on risk in the financial industry, banks are turning toward the safety of government debt, helping keep interest rates low but still not providing credit to consumers. (tags: treasuries banks)

NYC tenants in defaulted properties demand fixes – Yahoo! Finance But in the chaos of the national housing collapse, in thousands of buildings like this one that have fallen into default and where tenants have watched the owners walk away, the answer to one simple question is not always clear: Who is responsible for fixing … Read more

CBC News – British Columbia – New mortgage rules take effect Federal mortgage rules implemented two months ago aimed at turning down the heat on Canada's red-hot real estate market took effect on Monday. (tags: Canada housing mortgage) Atlanta’s affordable housing ranking low – Atlanta Business Chronicle: The four most expensive major markets for housing … Read more

What Put Call Ratios Are Telling Us | Minyanville.com We could have a similar pause to what we saw when Greece broke in January. (tags: options technical_analysis trading_strategy) Volcano casts cloud over European economy – CNN.com "While safety remains a non-negotiable priority, it is not incompatible with our legitimate request to reconsider the present restrictions," … Read more