Archive for August, 2007

Subprime crisis claims S&P scalp - Sydney Morning Herald

Friday, August 31st, 2007

Subprime crisis claims S&P scalp
Sydney Morning Herald, Australia - 1 hour ago
Credit-rating companies may be successfully sued by investors who lost money on subprime-mortgage securities and similar bonds, according to a study ...

Packer casino debt squeeze - Sydney Morning Herald

Friday, August 31st, 2007

Packer casino debt squeeze
Sydney Morning Herald, Australia - 1 hour ago
JAMES PACKER'S fledgling casino venture in Macau has been nipped by the credit squeeze following the problems in the US subprime mortgage market, ...

World stocks higher as Bush 'ready to - Brisbane Times

Friday, August 31st, 2007

World stocks higher as Bush 'ready to
Brisbane Times, Australia - 24 minutes ago
Another proposal would be to temporarily suspend a law that makes homeowners liable for taxes on any amount of mortgage debt that is forgiven by the lender, ...

Australia’s Debt Blow Out - egoli.com.au

Friday, August 31st, 2007

Australia’s Debt Blow Out
egoli.com.au, Australia - 1 hour ago
It might be a bit over the top, but if Australia was a sub-prime mortgage holder, would you refinance, given the financial background? On the plus side, ...

Bush seeks to ease mortgage crisis - The Australian

Friday, August 31st, 2007

Bush seeks to ease mortgage crisis
The Australian, Australia - 30 Aug 2007
Now its mission is to foster home ownership by insuring mortgage loans, especially for poorer Americans who face difficulty meeting terms for conventional ...