Archive for October, 2008

(AFX UK Focus) 2008-10-15 17:57 UPDATE 1-US mortgage applications rise on refinancing -MBA (Interactive Investor)
NEW YORK NEW YORK, Oct 15 (Reuters) - U.S. mortgage applications rose for a second consecutive week, reflecting a jump in demand for home loan refinancing even as interest rates surged the most in more than five years, an industry group said on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage applications, which includes both purchase and refinance …

Evolution of the apocalypse - financial meltdown
Saturday, October 25, 2008 redpill8 (Carol Brouillet is a mother, a 9/11 Truth and Peace activist who lives in the San Francisco Bay Area. This courageous woman is running as the Green party candidate in the 14th congressional district in California. You can hear her platform and read her running statement here: www.carol4congress.org. In the article below Carol describes how we are now experiencing a truly transformable moment in history, one in which the veil of deception and myths that hold

UK house sales fall to less than one a week (Times Online)
The dismal state of the housing market was highlighted today as mortgage lending to first-time buyers plunged by 55 per cent to a record low and estate agents reported that they were struggling to sell even one home a week.

Debt Rattle, October 21 2008: Diving For Dear Life
Lewis Wickes Hine Paper Boy 1908 John Howell, Indianapolis newsboy. Makes 75 cents some days. Starts 6 AM, Sundays Ilargi: Yes, they are back. I’ve seen many voices claiming that the bottom is in sight, that from here on in the crisis can be seen mostly in the rear-view mirror. Libor spreads fall a few basis points and the pundits are ready to announce party times are here again. There will be a second stimulus package in the US, if only because no new president will tolerate a disaster C

UK: Bank documents found in Bolton street
UK: Bank documents found in Bolton street Thursday, October 23 2008 @ 04:27 PM EDT Contributed by: PrivacyNews CONFIDENTIAL details of dozens of bank customers were found dumped in a back street in Bolton town centre. The files — which contain names with bank card numbers, including expiry dates, security codes, account numbers and signatures — were found in an Asda carrier bag behind the Abbey branch in Deansgate, Bolton. The papers also detailed customers’ mortgage payments, home

Sub-Prime, Credit Crisis, Impact on SMEs in Simple English
If you are not a Rip Van Winkle impersonator, you must be hearing (and unfortunately feeling) a lot of heated, depressing news about Sub-prime crisis, credit crisis and the financial melt down. If the ambiguous and jargon based headlines about the financial crisis still fly mostly over your head, you are not alone, most of us are on the same boat of ignorance. But this crisis is too important for all of us, and might have a drastic and prolonged effect on every facets of our personal

Poor Plumber And The Bank Rescues That Kill Him
October 21, 2008 Elaine Meinel Supkis Last year exactly, the G7 nations were all fighting with the US to get the dollar stronger. This was their first reaction to the banking crisis that began on 7/17/7. Today, they are grimly settling in with a very fragile return to the status quo which was lost back then. So stocks go up, of course. AIG is now running in circles trying to avoid being arrested for fraud, grand larceny and treason. Send them to China to be punished! And dear readers, those

UK: Bank documents found in Bolton street
UK: Bank documents found in Bolton street Thursday, October 23 2008 @ 04:27 PM EDT Contributed by: PrivacyNews CONFIDENTIAL details of dozens of bank customers were found dumped in a back street in Bolton town centre. The files — which contain names with bank card numbers, including expiry dates, security codes, account numbers and signatures — were found in an Asda carrier bag behind the Abbey branch in Deansgate, Bolton. The papers also detailed customers’ mortgage payments, home