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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: russwinter who wrote (16366)7/9/2004 12:24:16 PM
From: mishedlo  Read Replies (1) | Respond to of 110194
 
Laugh of the Day
Once again Snow is on TV saying the US supports a strong $ policy.

M



To: russwinter who wrote (16366)7/9/2004 12:42:44 PM
From: ild  Read Replies (1) | Respond to of 110194
 
2 Big Railroads Boosting Freight Rates

From Times Staff and Wire Reports

Two of the country's major railroads, Union Pacific Corp. and Burlington Northern Santa Fe Corp., are raising their rates amid swelling demand from customers shipping wares for the holiday shopping season.

The hikes start Aug. 17 and apply mostly to Asian goods that travel by a combination of rail and truck from the West Coast.

Omaha-based Union Pacific, the nation's No. 1 railroad by sales, boosted eastbound rates by as much as 9.5% for a Los Angeles-to-Chicago container, and Fort Worth-based Burlington Northern, which carries the most freight, is boosting prices 6.6% on the route.

more...
latimes.com



To: russwinter who wrote (16366)7/9/2004 8:26:01 PM
From: Ramsey Su  Read Replies (1) | Respond to of 110194
 
Russ,

the popularity of subprime loans is unique in this cycle, something that I never experienced dating back to 1983, when I first started handling REOs.

We will find out soon enough if subprimes are responsible for such a relatively low default rate and why the MI companies have such a high cure rate ---- just loan those who are behind more money????

Isn't that a chapter from the IMF and World Bank's book?