India's ICICI: UK unit has no US subprime exposure
Reuters - USA
BO: Quote, Profile, Research, Stock Buzz), India's second-largest lender, said on Monday its UK unit had no exposure to the US subprime credit and 98 ...
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Inner City Press

Subprime Stoked By Deregulation and Bipartisan Greed, not CRA ...
Inner City Press - Bronx,NY,USA
In fact, community advocates had been telling the Federal Reserve about the dangers of subprime lending since the 1990s. For example, Bronx-based Fair ...
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Book review: 'Chain of Blame' brings subprime mess to life
USA Today - USA
The duo home in on the years 2000 to 2007, when executives from Merrill Lynch, Bear Stearns, Lehman Bros. and others provided financing to subprime lenders. ...
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Subprime fallout a factor in Milken index
Milwaukee Journal Sentinel - Milwaukee,WI,USA
A key factor for cities moving up in the rankings this year was a lack of subprime loan fallout, DeVol said. Heavy concentrations of technology businesses ...
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Subprime mortgage suspects
Washington Times - Washington,DC,USA
There is no more insidious myth than the notion that the subprime-mortgage debacle began on Wall Street and that predatory capitalism was responsible for ...
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Daring to Say Loans Made No Sense
New York Times - United States
Nonetheless, he was fascinated as he watched the subprime mess unfold. His dumb question? “Why are they lending money to people who can’t afford to pay it ...
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US subprime crisis effect on China's banking industry limited ...
Insurance News Net (press release) - Harrisburg,PA,USA
The worsening US subprime crisis and the subsequent financial market turmoil have produced a limited effect on China's banking industry, said Liu Mingkang, ...
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No Free Lunch How not to subsidize housing - Philippines
One might say that the subprime crisis that triggered the Wall Street collapse may be traced to the noble US government objective of making housing ...
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Subprime litigation surges
Assuming US lawmakers agree on a $700-billion bank bailout, the financial sector still faces billions of dollars in toxic-asset litigation, and Canadian companies and pension plans are being swept up in the claims.
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Bird and Fortune - Subprime Crisis
By acoustiss(acoustiss)
Very funny, straightforward and revealing discussion of the subprime crisis by two excellent British comediennes.
Acoustiss -

Foreclosing on the Free Market: How to Remedy the Subprime Catastrophe
By Pan-African News Wire(Pan-African News Wire)
In January 2008, the American Dialect Society selected 'subprime' as 2007's Word of the Year. 'Everyone is talking about subprime,' said Wayne Glowka, a society spokesman. 'It's affecting all kinds of people in all kinds of places.' ...
Pan-African News Wire -

How A Clinton-Era Rule Rewrite Made Subprime Crisis Inevitable
By Raoul
Among those decisions were changes that let Fannie and Freddie get into subprime loan markets in a big way. Other rule changes gave Fannie and Freddie extraordinary leverage, allowing them to hold just 2.5% of capital to back their ...
AMERICA-Where Are You? -

Bernanke: no subprime problem… no worries…??
By MataHarley
Bernanke Plays Down Threat From Subprime Defaults, by Stephen Wisnefski and Jesse Thomas, WSJ: Federal Reserve Chairman Ben Bernanke said Thursday that the financial system can withstand the fallout from the subprime-mortgage market ...
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