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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: sea_biscuit who wrote (71030)11/8/2007 4:06:50 PM
From: westpacific  Read Replies (1) | Respond to of 116555
 
Reversal today.....

West



To: sea_biscuit who wrote (71030)11/8/2007 7:57:18 PM
From: mishedlo  Respond to of 116555
 
Minyan Mailbag: Money Frozen In Yukon
globaleconomicanalysis.blogspot.com
Mortgage fraud in so pervasive that problems in US asset backed securities spread all the way to Whitehorse, Yukon.
Mish



To: sea_biscuit who wrote (71030)11/8/2007 11:55:25 PM
From: mishedlo  Read Replies (1) | Respond to of 116555
 
Tanta On WaMu vs. Cuomo
globaleconomicanalysis.blogspot.com
Washington Mutual is involved in a dispute with Fannie Mae, eAppraiseIT, and Cuomo over who is responsible for fraudulent appraisals now sitting with Fannie Mae as loans. WaMu will collapse if it has to take back those loans but the bigger picture is the entire "originate and sell" model might collapse along with it.
Mish


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