tag:blogger.com,1999:blog-4102429195693595750.post1999639851558942219..comments2024-03-22T05:15:17.042+02:00Comments on Sudden Debt: Hellasioushttp://www.blogger.com/profile/03564511281240682625noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-4102429195693595750.post-49610924215435753142008-08-31T10:51:00.000+03:002008-08-31T10:51:00.000+03:00Hello everyone, I am 33 years old female. I would ...Hello everyone, I am 33 years old female. I would like to start a small business and I am looking for a government grant. But I don’t have any idea about this. How would a woman get a government grant to start a business? Where would we look for the grant and how would we get it started on filing for the grant. Where would we get the paper work to file for the grant? Please help me. Thanks a lot.<BR/><BR/><BR/>Sudipta Das<BR/>______________<BR/><BR/><A HREF="http://www.governmentgrantauthority.com" REL="nofollow">government grants</A>Sudipta Dashttps://www.blogger.com/profile/15576598115739268572noreply@blogger.comtag:blogger.com,1999:blog-4102429195693595750.post-88267807871991937882007-03-18T17:14:00.000+02:002007-03-18T17:14:00.000+02:00"Could you elaborate more on how the carry trade i..."Could you elaborate more on how the carry trade in Yen is being used to finance CDO transactions?"<BR/><BR/>Sure.<BR/><BR/>Will do so on a regular post sometime this week.Hellasioushttps://www.blogger.com/profile/03564511281240682625noreply@blogger.comtag:blogger.com,1999:blog-4102429195693595750.post-26566846529630644192007-03-18T13:37:00.000+02:002007-03-18T13:37:00.000+02:00Could you elaborate more on how the carry trade in...Could you elaborate more on how the carry trade in Yen is being used to finance CDO transactions? Are CDO issuers borrowing in Yen to provide financing for subprime mortgages and other debt instruments?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4102429195693595750.post-78121326750173610532007-03-13T22:25:00.000+02:002007-03-13T22:25:00.000+02:00Dear hoax meister,I think the mortgage cos. are ju...Dear hoax meister,<BR/><BR/>I think the mortgage cos. are just the beginning, unfortunately. As house prices decline, the "house equity as ATM" stops working, with very serious effects on consumer spending, which is 70% of the economy. With Americans already spending more than their income (negating saving rate) what is needed now is for real earned income (i.e. wages) to rise fast - if we are to avoid serious trouble.<BR/><BR/>RegardsHellasioushttps://www.blogger.com/profile/03564511281240682625noreply@blogger.comtag:blogger.com,1999:blog-4102429195693595750.post-25770839504895158702007-03-13T22:17:00.000+02:002007-03-13T22:17:00.000+02:00Dear Sally,You have the basics correct.Each CDO is...Dear Sally,<BR/><BR/>You have the basics correct.<BR/><BR/>Each CDO is very different, depending on the collateral used to construct it and the assumptions used to create the tranches.<BR/><BR/>CDO's are backed by the collateral, i.e. the mortgages, bonds, even CDS's that are used in the CDO.<BR/><BR/>The issuer is just a conduit, a special purpose corporation formed just for that one CDO.<BR/><BR/>The last question is extremely difficult to answer - it all depends on the way the CDO was put together. Each one is unique.<BR/><BR/>Hope I helped,<BR/><BR/>RegardsHellasioushttps://www.blogger.com/profile/03564511281240682625noreply@blogger.comtag:blogger.com,1999:blog-4102429195693595750.post-75465535523924222102007-03-13T22:05:00.000+02:002007-03-13T22:05:00.000+02:00Hellasious,Just wondering if you think all these m...Hellasious,<BR/>Just wondering if you think all these mortgage companies going belly-up will have an effect on overall employment numbers which will then spillover to regular (i.e. non-subprime) mortgages. For example, GMAC is announcing around 1,000 job cuts. I'm guessing that many of those people probably have regular mortgages that will become harder to pay after they lose their job.<BR/>Any insight is helpful and keep up the great posts, you're a great balance to the market cheerleaders on CNBC, etc.<BR/>Hoax MeisterAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4102429195693595750.post-1566250907170997422007-03-13T18:12:00.000+02:002007-03-13T18:12:00.000+02:00That is the plainest explanation I've encountered ...That is the plainest explanation I've encountered of the mess created by all the three-letter-debt acronyms.<BR/>I have some questions that are pretty elementary, if you have time to answer them:<BR/>Is this non-economist analogy correct: they pool debt, then from that pool design new packages of varying risk/return (higher than regular debt instruments), and then sell "mortgages" on those packages?<BR/>Are the packages secured by anything/the CDO issuer?<BR/>Is it the CDO issuer who pays the interest to investors?<BR/>If the packages were NOT created via carry trade and/or massive leverage, would they be reasonable investments?<BR/>Thank you.Unknownhttps://www.blogger.com/profile/02284266609097036974noreply@blogger.com