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3G iPhone within six months says subprime-ravaged Citibank

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2008-02-12 12:18:39 by Nicholas Deleon in CrunchGear
...subprime thing, would you trust Citibanks opinion on anything these days? One of its fancy pants analysts has officially predicted that Apple will release a 3G iPhone sometime in the next six months, citing low inventory of the current model and high demand for a 3G phone in Europe. Said the analyst, We believe that lack of 3G has been a...
 
 
 
 
 
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The end of the affair Michael Lewis explains why the market went south

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2008-12-04 16:01:00 by bookofjoe in bookofjoe
 
...subprime-mortgage-backed bond by creating, in effect, a market of side bets. Instead of shorting the actual BBB bond, you could now enter into an agreement for a credit-default swap with Deutsche Bank or Goldman Sachs. It cost money to make this side bet, but nothing like what it cost to short the stocks, and the upside was far greater The...
 
 
 
 
 
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Great Burial Reef 'Nature's Cemetery'

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2008-01-22 16:01:00 by bookofjoe in bookofjoe
...subprime mortgages, Jason Rew [above] jettisoned his job at the investment bank Goldman Sachs and founded an off-shore business Mr. Rew started Great Burial Reef , which inters cremated remains in urns off the coast of Florida With the subprime crisis creating billion-dollar losses at investment banks, Mr. Rews shift into death care, as it is...
 
 
 
 
 
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Nick Taleb's 'The Black Swan' Rules

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2008-01-14 16:01:00 by bookofjoe in bookofjoe
...subprime mortgage crisis has allowed us to witness disgruntled members of those two factions claim their ignorance of the risks of the stuff they took exposure to, in a scenario reminiscent of past debacles. After Taleb, this could change When a book that unremittingly states nasty unexpected high impact surprises happen quite often becomes...
 
 
 
 
 
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First Banks of Second Life Episode 2: Crash and Burn

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2008-01-24 17:01:00 by bookofjoe in bookofjoe
...subprime-mortgage mess. In the online game Second Life, a shutdown of the make-believe banking system is causing real-life havoc for thousands of people Yesterday, the San Francisco company that runs the popular fantasy game pulled the plug on about a dozen pretend financial institutions that were funded with actual money from some of the 12...
 
 
 
 
 
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World Economic Forum 2008

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2008-01-30 08:51:43 by GadgetManiac in GadgetManiac
...subprime losses and is thus accused of very-poor/no risk management itself! The report certainly lacks credibility not only for that and other reasons (Swiss Re), but also because it seems to assign overly-high likelihoods of global disruption to things like nanotech dangers, hackers and pandemics A potentially more useful & interesting WEF...
 
 
 
 
 
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Hong Kong's Economy driven by US rate cuts

2008-02-04 14:16:00 by natalie1981 in GADGET REVIEWS and HOW-TOS
 
...subprime crisis, in Hong Kongs mortgages are cheap because of local interest rates drop. Plus if youre a
 
 
 
 
 
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How to prevent foreclosure

2008-02-20 14:51:00 by natalie1981 in GADGET REVIEWS and HOW-TOS
 
The ongoing Subprime Mortgage crisis in the US has left more people homeless and more and more people are wary of their investments or how they manage their debt. As more and more people come to the US looking for their American dream, here are just a few tips in order to prevent your investment from being foreclosed. Improve your credit score....
 
 
 
 
 
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Pay On Time Or Walk!

2008-05-06 05:24:35 by Judie Lipsett in Gear Diary
 
...subprime borrowers whose used car purchase is contingent upon having an unusual option: a little box mounted underneath the dashboard that forces them to make their payments on time A light on the plastic box flashes when a payment is due. If the payment isnt made and the resulting code punched in to reset the box, the vehicle wont start. The...
 
 
 
 
 
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Taiwan handset IC design houses worry about vendors trimming shipments

2008-06-02 08:18:16 by Maximus in Just Another Mobile Phone Blog
 
...subprime mortgage meltdown, the sources said. It is likely that most leading handset vendors will be unable to meet their shipment targets in the second quarter, the sources commented Citing past experience, handset IC design houses usually see full order bookings in the second quarter. But demand from handset vendors was relatively strong...