Financial & Business Services News by GLG Council Members

Implications: 1.The Causation of further losses : the Sub-prime Mortgage Crisis. 2.A Major change in Management to salvage the Net Losses of the Shareholder. 3.Net Money Outflows far exceed Cash Inflows - the Ultimate affect is Major Write-Downs by the Insitution. 4.Causation: Deterioration of a continuating Credit Market Turbalance - U.S residential Real Estate and the overall Credit Crisis....

Reporst like this are factual no doubt, however this cycle of price falls and lending falls by banks will continue in my opinion until confidence returns.

Yes, it is a mess - I have seen about 3 or 4 cycles such as these over the last 30-years.  We have all seen this mess coming years ago. In 2004, a vast amount of mortgage originators were doing some very creative things to sell mortgages. HEOPA and high cost was in effect while these negative equity mortgages were written. But, if a measure of a trillion dollars markdown against the...

1. Corporate India creating more opportunities for business for the Indian financial sector. 2. Investment banking in India is at a nascent stage.

The world wide credit crunch is being felt in Spain. Owners can't afford their mortgages and are moving back to thier home countries but HAVE to sell. Bargains are to be had, you just have to find them!!

Spanish property in some areas has increased by 20% or more per year but not any more. Shrewd investors are taking stock and purchasing cheap Spanish property with a view to a future gain. Developers and promoters are offering massive discounts and offers to buyers to sell properties they may end up paying taxes on if not sold. These offers can be hugh and by playing hardball money in the hand is...

a) markets self correct b) yes all sorts of pain occurs c) the cycle continues... lows become floors and investors flood in

For many decades, the world's refined petrolium gasoline consumer  have not had such a plentiful and affordable stream of energy. Finally, the US refined petrolium gasoline consumer has experienced a history of $.27 a gallon in the sixties to $4.50 a gallon today. Price, will eventually CHANGE the habits of the US refined petrolium gasoline consumer.

undefined Consumer receivables have been performing poorly, yet timeshare receivables have not seen a dramatic increase in defaults. Could Timeshare be different?   undefined

A recent study claimed that the global BPO industry will be worth $230 billion by 2012 and India stands to gain $50 billion of that global pie.  This boom may be in the wake of an U.S. economic downturn as employers who have historically shied away from offshoring may now become more receptive to the idea to cut costs. After the business process outsourcing and knowledge process outsourcing boom,...