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  • November 27, 2014
  • Last updated: 1:26am
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Results 1 - 4 of 4 for subprime mortgages

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  1. Business - Comment - LAI SEE

    Stone's throw away but only for the very few

    Posted Mar 13th 2013, 12:00am by Howard Winn

    ... a poor year by his standards yet he ranked seventh with US$800 million. John Paulson, whose funds endured two torrid years following his sensational subprime mortgage trade, earned US$275 ...

  2. Business - Comment - LAI SEE

    Was it a leak or a plant that moved the Shanghai Index?

    Posted Feb 26th 2013, 12:00am by Howard Winn

    ... There is nothing new in this sort of thing. Internal e-mails from US investment banks several years ago described subprime mortgages as "crap", but they were nevertheless sold to clients ...

  3. Business - Comment - LAI SEE

    Years down the track, Anthony Wu's disciplinary hearing to start

    Posted Nov 01st 2012, 12:00am by Howard Winn

    ... in 2010 for a similar charge. Citigroup last year paid US$570 million in fines and charges relating to subprime mortgage charges. Sandy stirs up CCTV storm Netizens in the mainland have been ...

  4. Business - Comment - LAI SEE

    Hong Kong Airlines: not the best but blessed

    Posted Sep 07th 2012, 12:00am by Howard Winn

    ... expenses. This figure doesn't include additional reserves created for special situations such as the repurchase of shoddy mortgages. Bank of America has US$16 billion set aside for this. In addition to dealing with subprime-related issues, the three banks have admitted that they are subject to investigations related to Libor which analysts say could collectively cost the banks between ...



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