Banks Money Debt Credit A Simple Explanation
Written by admin on August 27, 2010 – 4:18 pm -
Credit crisis explained simply and effectively but not including contributing factors such as personal responsibility, greed, and crooked politicians.
Tags: Animation, Banks, Brokers, Credit, Crisis, debt, foreclosure, Just, Money, Mortgages, PRETEXT, prime
Posted in Sub-Prime | 20 Comments »
Fine Line: Sub-Prime Decline – The Richter Scales
Written by admin on March 7, 2010 – 12:43 am -
A Richter Scales ode to the 2007 credit crunch, sub-prime implosion, and hedge fund blowups on Wall Street. www.richterscales.com Download the MP3 richterscales.com LYRICS There’s a fine, fine line between investment grade and junk There’s a fine, fine line between liquidity and a crunch And you never know ’til you settle up if the credit is benign There’s a fine, fine line between a gain and a painful decline There’s a fine, fine line between the theories and the facts And there’s a fine, fine line between what’s solid and what cracks And now my holdings badly misbehave and my losses aren’t confined ‘Cause there’s a fine, fine line between a gain and a painful decline For years I piled on debt and smiled as my profits soared (I even bought a solid gold toilet, yeah) Now I see that I can’t be levered this much any more (panicking, I’m panicking, I think I’ve soiled myself) Bernanke, please save me, cut rates, oh I implore… (please, even 50 bps) There’s a fine, fine line between a bull and a bear And there’s a fine, fine line between delight and despair I’m hoping I’ll avoid the pain to come from trades yet to unwind But there’s a fine, fine line between a gain and a crippling, crushing, mortally wounding decline (help me) www.richterscales.com Mixed by Tat Tong Inspired by Avenue Q
Tags: Decline, Fine, Line, Richter, Scales, SubPrime
Posted in Sub-Prime | 25 Comments »
How are sub prime loans, the US mortgage situation, the credit crunch , and Northern Rock related?
Written by admin on March 4, 2010 – 4:08 pm -How are sub prime loans, the US mortgage situation, the credit crunch , Northern Rock and the loss of city jobs related ?why is this all very important? and what does this say about the state of the economy?
Tags: Credit, crunch, Loans, Mortgage, Northern, prime, related, Rock, situation
Posted in Sub-Prime | 3 Comments »
Sub Prime Mess Explained Beautifully!!!
Written by admin on February 26, 2010 – 5:40 pm -
www.greenroomstocks.com
Tags: Beautifully, Explained, Mess, prime
Posted in Sub-Prime | 25 Comments »
sub-prime mortgage blues
Written by admin on February 26, 2010 – 5:40 pm -
lyrics and slide show by gregg somerville music by chris conti
Tags: blues, Mortgage, SubPrime
Posted in Sub-Prime | 25 Comments »
How does the sub prime mortgage crisis in the USA effect BUYER’s desire for a rent to own type home purchase?
Written by admin on February 26, 2010 – 5:24 pm -Due to the sub prime mortgage crisis and the general unknown of the USA market right now how does that affect someone who is wanting to buy a home on a rent to own or lease to purchase type purchase? Will people be more interested in getting into their own home on a rent to own or will they be more wary of it because they might end up with a home that has depreciated in value a fair bit? Or do people still see a no money down, no credit check home purchase as their best way to get into their own house regardless if the value drops a bit? Of course, there’s a lot more to house value than just the market. So, how does everyone see the popularity of a rent to own home purchase for a potential homebuyer? A good idea for them or not? Thanks
Tags: BUYER's, Crisis, desire, effect, home, Mortgage, prime, purchase, rent, type
Posted in Sub-Prime | 4 Comments »