September 3, 2007Why the Fed's Help Won't Help
Analysis of:
Inside the Countrywide Lending Spree | www.nytimes.com
Author: James Butler,
President, Rigley Financial Corporation It is wonderful that President Bush's plan to help the disenfranchised keep their homes, and in some (albeit, few) cases, this program will work. But like the cut in the commercial lending rates, this is more symbolic than helpful, and the true problems will persist after the assistance package is ...
August 30, 2007
The World(Country)Wide Bust
Analysis of:
Inside the Countrywide Lending Spree | www.nytimes.comAuthor: GLG Expert ContributorThe Countrywide malpractices, of offering huge commisions for subprime loans is worth examination as a classic case of killing the golden goose. The non-transparent dealings also show how, the Customer is KING. The non transparent operations, hidden clauses, etc have to be challenged in a suitable...
August 30, 2007
A fine thought for the day
Analysis of:
Bank Lending May Feel Bite Of Credit Storm | online.wsj.comAuthor: GLG Expert ContributorThe reduction in Fed rates certain to have impact on liquidity. The Fed rate reduction will improve credit only to a limited extent. The banks will be having money, but their investment will be on less riskier portfolios, such as gilt edge secs.
August 29, 2007The Greater Fool Theory
Analysis of:
FOCUS Credit ratings face credibility gap, inquiries in wake of sub-prime woes | www.forbes.com
Author: James Butler,
President, Rigley Financial Corporation For years now, the Mortgage and Commercial Lending arena has been the subject of great debate as to whether sound credit decisions were being made. Now, finally, the proof of careless lending practices are coming to light: the question at hand is how will we deal with the fallout?
August 20, 2007
too little and too late to save our souls- for poor stock holders particularly in India
Analysis of:
Fed Cuts Discount Rate to 5.75% to Ease Credit Crunch | www.bloomberg.comAuthor: GLG Expert ContributorThe quantum of reduction, ie 0.5% is too low, to have global implications. The expectation of US FED for global markets to make up after nearly 10 days of downward trends is indeed too much optimistic, as to fall - IT is the easiest thing to do, to rise it requires tremendous efforts and...
August 13, 2007
Indian Inflation reined by central bank- a fallacy
Analysis of:
India’s central bank hails drop in inflation | www.ft.comAuthor: GLG Expert ContributorIf " beggars' wishes to come TRUE , This would also be TRUE. it is a fact that Inflation is benign!! But the other truth of the matter is that inflation is compounding the prices and its effects are cascading all sectors of the economy. It is sad that the effects of inflation are ignored, but only...
August 13, 2007
Outsourcing - Is it a Panacea?
Analysis of:
Will Outsourcing Fly? | www.cfoasia.comAuthor: GLG Expert ContributorPoint 1. At any point of time, any solution cannot be a Panacea. Any solution will have its advantages and disadvantages. Point 2. I agree that outsourcing results sometimes in more problems, such as more costs and time overrun. Point 3. At the same time , the article has totally avoided discussing...
August 13, 2007
Commisions are required to be transparent. It is a contract and the contract should be clear
Analysis of:
Insurance brokers reconsider taking insurer commissions | www.marketwatch.comAuthor: GLG Expert ContributorInsurance commision is one important aspect, which is generally ignored by the client. He is not in the know of this aspect, wherin, the Insuring company gives more percentage of commision for initial premia and subsequently reduces the percentage for following years. The agent therefore does not do...
August 13, 2007Bumper Crop of Corn: Storage and Handling Issues
Analysis of:
USDA: 13 billion bushels of corn | deltafarmpress.com
Author: Gary Drimmer,
President, Drimmer & Associates International The USDA updated their crop estimate for this year's harvest to a silo breaking 13.053 billion bushels of corn. That is 233 million tons and enough corn to increase ethanol production, feed additional chickens and hogs, export more and still increase the carryover from last year. While the crop still...
July 30, 2007Pride Go Before The Fall
Analysis of:
Countrywide profits fall 33% | www.inman.com
Author: James Butler,
President, Rigley Financial Corporation Countrywide's heavy reliance on its underwriting programs and steady appetite for Pay-Option ARM's has created havoc for its portfolio management team. Countrywide's belief that it was smarter than the Mortgage Industry has led to this situation, and we have only begun to see the impact.
Previous
Page :
1 2 3 4 5 6 7 8 9 10 11 12 13 14 Next71 to
80
of 134