Thursday, 10 December 2009

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Dubai Shares Jump, CDS Fall as Emaar Calls Off Merger Plans

  • Bloomberg
  •  
  • 12/10/2009 06:03 AM

Quotable

"The combination of rising delinquencies, higher foreclosures, more housing inventories, increasing interest rates on many mortgages and greatly reduced availability of mortgages due to limited liquidity is creating what we call a near-perfect storm for housing."

Kerry Killinger, CEO Washington Mutual, September 10, 2007


Commentary

Credit Bubble Bulletin

by Doug Noland | Dec 4

Malpass Spot-On

Global markets are turning increasingly unsettled as we head toward year-end.

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The Bear's Lair

by Martin Hutchinson | Dec 7

Sliding back towards a Gold Standard

Gold broke through $1,200 per ounce this week on rumors that the People's Bank of China might increase the percentage of gold in its reserves.

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Featured Commentary

by Peter Souleles | Nov 24

One generation to regeneration

I dare say that everyone between the ages of 25 and death is living with regrets about the past, anxieties about the future or both.

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Guest Commentary

by Greg Jahnke | Dec 8

Light holiday reading and the future of Western civilization

There is no better way to get into the Christmas spirit than to read the two chronicles of our recent financial disaster, Andrew Ross Sorkin's "Too Big to Fail" and Charles Gasparino's "The Sellout."

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