Tags |
|
|
Links |
|
|
Answers - Subprime America Infects Asia And Europe
As the US real estate market collapses, questions about subprime mortgages and those unable to pay are in the news. These are not inconsequential questions. Over $1.5 trillion of subprime—don’t ask, don’t tell—mortgages were issued and are now beginning to default.
As the defaults mount, the consequences will spread to countries and institutions far beyond the shores of the US and the desks of
As the defaults mount, the consequences will spread to countries and institutions far beyond the shores of the US and the desks of
According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product
the originating lenders—for the majority of America’s subprime loans are owned by investors, banks, insurance companies, and pension funds in Europe and in Asia.
Why Would Anybody Do Such A Thing?
It retrospect, it wasn’t a good idea, to wit, to loan $1.5 trillion without asking applicants how much money they had or how much money they made. It seems improbable that bankers (remember those t
Why Would Anybody Do Such A Thing?
It retrospect, it wasn’t a good idea, to wit, to loan $1.5 trillion without asking applicants how much money they had or how much money they made. It seems improbable that bankers (remember those t
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
hin-lipped disapproving loan officers) would loan money under those conditions. But they did and this is why:
One year after the collapse of the US stock market in 2000, the NASDAQ dropped 80% and the US government feared a deflationary depression—a no money no demand depression like the 1930s—could happen.
So in 2001 the US government took quick and decisive action—in retrospect stupid and s
One year after the collapse of the US stock market in 2000, the NASDAQ dropped 80% and the US government feared a deflationary depression—a no money no demand depression like the 1930s—could happen.
So in 2001 the US government took quick and decisive action—in retrospect stupid and s
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
hort-sighted—and flooded the US with money to prevent a depression from developing; but, in the process they created a real estate bubble and, as the bubble deflates, those who can’t pay their bills, aren’t.
Banks aren’t in business to loan money to those who can’t repay them and they knew that customers who “took advantage” of subprime mortgages were at high risk of default. So the banks sold
Banks aren’t in business to loan money to those who can’t repay them and they knew that customers who “took advantage” of subprime mortgages were at high risk of default. So the banks sold
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
their subprime loans.
Now, who would buy a “subprime”, e.g. substandard, loan? Who would buy a subprime steak, a subprime car, a subprime house, a subprime dating service? This is where the genius of Wall Street came into play.
To sell these soon-to-explode debt bombs, Wall Street cleverly bundled them with higher rated AAA debt and gave them a new name, CDOs, collateralized debt obligations
Now, who would buy a “subprime”, e.g. substandard, loan? Who would buy a subprime steak, a subprime car, a subprime house, a subprime dating service? This is where the genius of Wall Street came into play.
To sell these soon-to-explode debt bombs, Wall Street cleverly bundled them with higher rated AAA debt and gave them a new name, CDOs, collateralized debt obligations
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
, and sold trillions of dollars of 30% subprime but AAA rated CDOs to unsuspecting buyers.
Even if you don’t know what a CDO is, CDO sounds a lot better than subprime or substandard. That was the genius of Wall Street. It was a way for Wall Street to sell shaky debt before the fenders fell off. And it worked, at least for Wall Street.
These debt bombs are now embedded far across the global fi
Even if you don’t know what a CDO is, CDO sounds a lot better than subprime or substandard. That was the genius of Wall Street. It was a way for Wall Street to sell shaky debt before the fenders fell off. And it worked, at least for Wall Street.
These debt bombs are now embedded far across the global fi
ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc
nancial landscape, the majority bought by European and Asian investors and institutions seeking downstream revenues; but instead of downstream revenues, they will be absorbing unexpected and significant losses.
Fully 50% of the 2006 earning of HSBC, The Hong Kong Shanghai Banking Corporation, the world’s third largest bank, were wiped out by the subprime losses of its US subsidiary. AXA, a Fre
Fully 50% of the 2006 earning of HSBC, The Hong Kong Shanghai Banking Corporation, the world’s third largest bank, were wiped out by the subprime losses of its US subsidiary. AXA, a Fre
easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi
ch insurance company and CommerzBank, a German Financial Services company were also major buyers of Wall Street’s subprime AAA rated debt and will suffer the consequences for so doing.
But it was not only European and Asian banks, insurance companies, and hedge funds and pension funds that will suffer, wealthy Japanese investors may suffer the greatest losses of all. It is believed that the hi
But it was not only European and Asian banks, insurance companies, and hedge funds and pension funds that will suffer, wealthy Japanese investors may suffer the greatest losses of all. It is believed that the hi
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
ghest-yielding but riskiest tranches (risk level) of the subprime CDOs were bought by wealthy individual Japanese investors.
The head of structured finance research at Nomura Securities, Mark Adelson, said these investors did not fully understand the risk they were taking, depending instead upon the ratings given by credit agencies such as Moody’s or the advice of those managing the security.
The head of structured finance research at Nomura Securities, Mark Adelson, said these investors did not fully understand the risk they were taking, depending instead upon the ratings given by credit agencies such as Moody’s or the advice of those managing the security.
and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ
"A partial understanding of it is often no better than no understanding," Adelson said. "The devil is in the details; if you understand it vaguely, you can get your lights punched out."
Globalization has been a wealth builder, perhaps unequally so, but nonetheless wealth has been created. Soon, however, another darker side of globalization is about to manifest. Risk as well as money move quic
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
kly across global highways recently built and made possible by a one world financial marketplace, and that risk is now about to become apparent.
Global currency flows move swiftly and quickly and turn on a dime. The Asian liquidity crisis of 1997 was a recent manifestation of this phenomena; the next crisis will be the US. The subprime losses suffered by the buying of America’s bad debts may b
Global currency flows move swiftly and quickly and turn on a dime. The Asian liquidity crisis of 1997 was a recent manifestation of this phenomena; the next crisis will be the US. The subprime losses suffered by the buying of America’s bad debts may b
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
e the final straw in the diversion of foreign moneys away from America.
By selling foreign investors its bad debt, America has shot itself in the foot. Because America is now the world’s #1 debtor, because America needs over $1 trillion in foreign investment capital each year to pay its bills—and because it was foreign investors that were primarily burned by Wall Street’s subprime CDOs, the fl
By selling foreign investors its bad debt, America has shot itself in the foot. Because America is now the world’s #1 debtor, because America needs over $1 trillion in foreign investment capital each year to pay its bills—and because it was foreign investors that were primarily burned by Wall Street’s subprime CDOs, the fl
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
ow of foreign capital to the US may soon be going elsewhere.
In April 2007, a Merrill Lynch survey showed 38% of global money managers believed the best prospects for corporate profits were now in the eurozone, 42% believed the worst prospects were in the US.
Today, the word “de-couple” is increasingly heard where global markets are discussed. No longer referring to freight trains or dogs in
In April 2007, a Merrill Lynch survey showed 38% of global money managers believed the best prospects for corporate profits were now in the eurozone, 42% believed the worst prospects were in the US.
Today, the word “de-couple” is increasingly heard where global markets are discussed. No longer referring to freight trains or dogs in
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
delicto flagrante, de-coupling refers to the distancing, i.e. de-coupling, of global economies from the US, to wit, the increasingly perceived expeditious act or art of separating still-healthy economies from the slowing US economic engine.
While it is true the US has been the driver of the global economy, it is no longer. The sobriquet “has been” is literally correct in this instance. The US
While it is true the US has been the driver of the global economy, it is no longer. The sobriquet “has been” is literally correct in this instance. The US
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
hare of global economic growth so far in 2007 is 10%, a figure analogous to Barry Bonds batting .134.
Global capital flows, like tsunamis, are not something to be taken lightly. If the flow of foreign money to the US slows, the US dollar will collapse and the US will be forced to raise interest rates to continue attracting foreign capital. And, if US interest rates are raised, the US economy w
Global capital flows, like tsunamis, are not something to be taken lightly. If the flow of foreign money to the US slows, the US dollar will collapse and the US will be forced to raise interest rates to continue attracting foreign capital. And, if US interest rates are raised, the US economy w
t?
As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
ill collapse. Greenspan might call this a conundrum. Other people might call it and Greenspan something else.
Whose feet?
Whose fire?
America apparently cares little what happens to the primarily foreign investors and institutions who bought its subprime loans. On April 24th, Bloomberg reported the head of the US Federal Deposit Insurance Corporation, Sheila Blair, testified before a co
Whose feet?
Whose fire?
America apparently cares little what happens to the primarily foreign investors and institutions who bought its subprime loans. On April 24th, Bloomberg reported the head of the US Federal Deposit Insurance Corporation, Sheila Blair, testified before a co
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
ngressional committee, ``We should hold the servicers' and the investors' feet to the fire on this…We did not have good market discipline with investors buying all these mortgages.''
It is highly doubtful Ms. Blair will exhibit the same attitude should the flow of foreign moneys upon which Mr. and Ms. Average America depend go elsewhere. Thailand’s economy went into apoplectic shock and its cu
It is highly doubtful Ms. Blair will exhibit the same attitude should the flow of foreign moneys upon which Mr. and Ms. Average America depend go elsewhere. Thailand’s economy went into apoplectic shock and its cu
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
rrency and stock market fell by 50% in 1997 when international currency flows suddenly changed direction. America may soon be in for the same.
And if America falters and falls, the consequences of such will be felt around the world. Today, afternoon tea and scotch flow freely in The City as does dim sum in Hong Kong and Shanghai and sushi in Tokyo around their respective bourses. Soon, however
And if America falters and falls, the consequences of such will be felt around the world. Today, afternoon tea and scotch flow freely in The City as does dim sum in Hong Kong and Shanghai and sushi in Tokyo around their respective bourses. Soon, however
.
As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
, the risks that have lain dormant beneath globalization’s foundation are about to erupt and a reordering of the world’s financial geography is about to ensue.
It’s spring 2007 and the sun is shining in the US, backyard BBQs are being cleaned in anticipation of summer’s use. A severe financial crisis, however, is in the offing; a crisis as unexpected as the Golden State Warriors’ last minute s
It’s spring 2007 and the sun is shining in the US, backyard BBQs are being cleaned in anticipation of summer’s use. A severe financial crisis, however, is in the offing; a crisis as unexpected as the Golden State Warriors’ last minute s
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
treak to the NBA playoffs.
An unexpected financial crisis, however, will be much more consequential than Don Nelson’s magical resurrection of the Warriors’ NBA hopes. There, at least, the Warriors had a chance. But because most don’t know a financial crisis is coming, they will have little chance of survival. This summer, America’s subprime CDOs are coming home to roost, and not just to the US
An unexpected financial crisis, however, will be much more consequential than Don Nelson’s magical resurrection of the Warriors’ NBA hopes. There, at least, the Warriors had a chance. But because most don’t know a financial crisis is coming, they will have little chance of survival. This summer, America’s subprime CDOs are coming home to roost, and not just to the US
tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products
HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.answers.org.ua/article/189424/answers-Subprime-America-Infects-Asia-And-Europe.html">Subprime America Infects Asia And Europe</a>
BB link (for phorums):
[url=http://www.answers.org.ua/article/189424/answers-Subprime-America-Infects-Asia-And-Europe.html]Subprime America Infects Asia And Europe[/url]
Related Articles:
Impressions: Vital To Sales Success
Loans For Purchasing Motor Vehicles For Your Business!
Bookmark it:
|