Monday December 24 Housing and Economic stories

Top Stories:

How to Invest in MBIA and Lose $20 Million a Day - (www.ml-implode.com)
Real estate pros look for exits - (baltimore.bizjournals.com)
Irish House prices falling 1,500 Euros per month - (www.rte.ie)
Jeb Bush, subprime mortgage salesman - (eyeonmiami.blogspot.com)
MBIA details huge mortgage exposure, shares collapse - (news.yahoo.com)
Smugglers Trashed My House - (www.coloradodaily.com)
Please Don't Destroy My American Dream - (iowahawk.typepad.com)
Taxes Are Reassessed in Housing Slump as Prices Drop - (www.nytimes.com)
Homeowners fret over rising property taxes - (money.cnn.com)
End of easy cash: banks must take losses - (www.ml-implode.com)
SEC Probing Washington Mutual - (www.ml-implode.com)


Other Stories:

Fannie Mae execs to face shareholders - (money.cnn.com)
Ex-Fannie boss says Bush White House instigated accounting scam - (money.cnn.com)
Why the Government Continues to Exacerbate the Problem - (blownmortgage.com)
Peter Schiff on Housing Market and Bailout Plan - (seekingalpha.com)
Bond Insurer Cut to Junk - (www.nytimes.com)
"Teaser freezer" plan is no panacea - (www.schwabinsights.com)
When Mortgages Made Sense - (www.newsweek.com)
This Is the Sound of a Bubble Bursting - (www.nytimes.com)
Economic Outlook: US consumer confidence lacks solid foundations - (www.ft.com)
Credit card defaults alarmingly high - (money.cnn.com)
Unpaid Credit Cards Bedevil Americans - (www.ap.com)
UBS faces scrutiny of Swiss regulator - (www.ft.com) ($)
Superfund collapse ‘embarrassing’ to Treasury - (www.ft.com) ($)
Big Fund to Prop Up Securities Is Scrapped - (www.nytimes.com)
Time To Buy? Not So Fast - (seekingalpha.com)
Bay Area house sales at two-decade low - (www.sfgate.com)
Truth of the 10 Percent Southern CA Price Drop - (www.doctorhousingbubble.com)
Idaho foreclosures have more than doubled over last year - (www.idahostatesman.com)

Goldman Awards Blankfein a Record $67.9 Million Bonus - (www.bloomberg.com)
The Year of Puncturing Wall Street Orthodoxy - (www.nytimes.com)
Merrill seeks way out of deep financial pothole - (www.ft.com) ($)
Ambac looks to offload risk - (www.ft.com) ($)
Crisis may make 1929 look a 'walk in the park' – (www.telegraph.co.uk)
Ghosts of 2007 will linger on - (www.latimes.com)
America's economic perfect storm - (www.boston.com)
Tent city in suburbs is cost of home crisis - (news.yahoo.com)

Role of Hedge Funds in Subprime Crisis Examined - (www.ml-implode.com)
Delta Financial stock to be delisted - (www.ml-implode.com)
Friday Night, Lights Out — Fitch Downgrades $5.3 Billion in RMBS - (www.ml-implode.com)
SEC probing three dozen securitization cases - (www.ml-implode.com)