Subprime News 11.19.07

1. Yen Advances on US Housing Slump, Gulf Review of Dollar Pegs - Bloomberg - Nov 18, 2007
2. Monday Newspaper Review - Irish Business News and International ... - FinFacts Ireland - Nov 18, 2007
3. Fed's Stern: Foreclosures in housing to rise - Reuters - Nov 18, 2007 :"The adjustment in the housing market has still some way to go. The reason I say that is because of the huge inventory of unsold homes," Stern told reporters in Singapore.
4. Asian shares mixed as credit worries persist - AFP - Nov 18, 2007
5. Dollar dips vs yen on Japan investors, credit fear - Reuters South Africa - Nov 18, 2007
6. Resona Escapes Subprime Losses, But Profit Slumps - Wall Street Journal - Nov 18, 2007 : "Resona Holdings Inc.'s group net profit fell 74% in the fiscal first half on smaller deferred-tax results, higher fund-raising costs and weakness in its bond-trading business. "
7. Swiss Re Has $876 Million Loss Due to Subprime Credit Writedown - Wall Street Journal - Nov 18, 2007
8. CDO Dumping Ground Still Sinking - Barron's - Nov 18, 2007
9. Stern warns against knee-jerk subprime regulation - MarketWatch - Nov 18, 2007
10. Subprime aftershock: local IT cos brace for lower tech spends - Nov 18, 2007 - CustomerSupport@LiveMint.com (Vishwanath Kulkarni) :"Tata Consultancy Services Ltd, or TCS, Asia’s largest information technology services company by revenues, said technology spending by US financial institutions will slow in the coming year due to the multi-billion dollar write-offs by global giants such as Citigroup and Merrill Lynch & Co."
11. Japanese banks face rising subprime problems - Nov 18, 2007 - admin :"The total amount of subprime-related losses so far admitted by domestic financial institutions exceeds 300 billion yen. But the financial markets face ongoing problems over the subprime loans, and it is feared that the losses will mount. "
12. Subprime everywhere - Nov 19, 2007
13. A Financial System under Siege - Nov 18, 2007
14. Playing Subprime for Laughs - Nov 18, 2007
15. More Foreign Buyers Increase Demand for New York Real Estate - Nov 18, 2007
16. Which Counties Have the Highest Percentage of Subprime Loans - Nov 17, 2007
17. Worse Than a Pimp on a Corner" - Nov 18, 2007
18. Comments From the Fed About Future Rate Cuts – Not Likely - Nov 18, 2007
19. The Band Played ON - Nov 18, 2007
20. Greenspan Rebuts Stiglitz - Nov 18, 2007
21. This Weekend’s Contemplation #2 – Words From Someone Who Has Been There - Nov 18, 2007