Yale economists discuss the financial crisis Yale hosted a panel discussion with Yale Faculty on the National Financial Crisis, to discuss developments since the February 25, 2009... Continue reading
Euribor yield curve changes April 2009 Below are two charts of the Euribor yield curve (many thanks to Bank of Scotland Treasury for their excellent daily reports!). Here ... Continue reading
A tale of two developers. The builders, developers, and even architects I know are all having a really tough time at the moment, with some they are talking to th... Continue reading
The bear market is bull The current bear market was 'seen coming' by many commentators, the people who believed this have an agenda and reasons for their think... Continue reading
To fix or not to fix, even if it ain’t broken Paul O'Connor from MyHat.ie asked me to do a post about fixed rates, like us, they get lots of questions on mortgages, property etc. ... Continue reading
Stamp Duty ‘Trade In’ deal…. wtf? This post must, by definition start with a giant 'WTF?!', because in it we will be looking at the new stamp duty 'trade in' scheme, bro... Continue reading
Text of Budget announcement 2009 Here is the text of the Budget 2009 speech given by Brian Lenihan today. STATEMENT OF THE MINISTER FOR FINANCE MR BRIAN LENIH... Continue reading
The pincer of fixed rates while in negative equity A recent article in the Independent stated that 'fixed rate borrowers are taking all the pain'. The base rate has fallen from 4.25% to ... Continue reading
How does the Geithner Plan work? Sample Investment Under the Legacy Loans Program Step 1: If a bank has a pool of residential mortgages with $100 face value that it is... Continue reading