From the category archives:

Follies

The Fire Sale to Fortress

August 17, 2008

Hats off to Deal Junkie for the tip on this hysterical video. Unfortunately, there is also a grain of truth in it: Reuters is reporting that foreigners dumped nearly $11 billion from their holdings of GSE debt in the last four weeks, and analysts say they won’t return in force before it’s clear if — [...]

More on this topic (What's this?)
Forecasting with a Grain of Salt (Financial Armageddon, 2/12/10)
“Jane Hamsher, Grover Norquist Call for Rahm Emanuel’s Resignation” (naked capitalism, 12/24/09)
What To Do About Fannie And Freddie (InvestorCentric, 1/25/10)
Read more on Grains, Freddie Mac, Fannie Mae at Wikinvest
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Looking For Good News? Try Nigeria!

August 11, 2008

Where is Mbele and what happened to my money?

Union Homes floats N50b REIT fund. By Gbenga Agbana and Femi Adekoya
AFRICA’S first Real Estate Investment Trust (REIT) fund has been floated by Union Homes Saving & Loans Plc, a subsidiary of Union Bank of Nigeria Plc. The fund manager would be Union Homes Saving and Loans [...]

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Wrecked REITs: Don’t Quote Me On It!

July 26, 2008

Alesco Financial in the land of the living dead
May 7, 2007: “As of the end of the first quarter, we had fully invested stuffed ourselves silly with dodgy Trups all of the capital raised in 2006 manic bubble mania! in asset classes which have exhibited historically low default rates and which we believe will continue [...]

More on this topic (What's this?)
Is now the time to start looking at US ETF REITs? (The DIV-Net, 3/6/10)
Alesco Agony Reaches a Crisis Point (Mortgage REIT Journal, 7/15/08)
Investing Based on the Yield Curve – REITs Like it Steep (World Beta - Engineering Targete..., 3/4/10)
Read more on Real Estate Investment Trust (REIT), Alesco Financial at Wikinvest
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