Monday January 7 Housing and Economic stories

Top Stories:

Housing Potpourri Around The World - (http://globaleconomicanalysis.blogspot.com/)
Mortgage Broker Stabbed in Home Invasion by a Disgruntled Client. - (www.ml-implode.com)
Harry Macklowe’s (supposed expert commercial real estate investor) $6.4 Billion Bill – (www.nytimes.com)
Subprime lenders spread lobbyists, cash, tickets around government - (www.rawstory.com)
IKB faces threat of new writedowns – (www.reuters.com)
With Builder in Bankruptcy, Buyers Are Left Out - (www.nytimes.com)
Disgruntled FL condo buyers want their money back - (www.dailybusinessreview.com)
Lennar Insolvent: Enron Redux? - (www.safehaven.com)
S&P may cut $6.42 bln CDOs affecting 149 tranche - (www.ml-implode.com)


Other Stories:

Foreclosures Are a Symptom, Home Prices Are the Problem. - (www.ml-implode.com)
Bargain Hunting Billionaires - (www.ml-implode.com)
The high cost of jumbo mortgages - (www.ml-implode.com)
Asymmetrical Unwind of the Credit Bubble - (http://globaleconomicanalysis.blogspot.com/)
Unemployment Soars as Private Sector Jobs Contract - (http://globaleconomicanalysis.blogspot.com/)
Bush Seeks Stimulus Package - (http://globaleconomicanalysis.blogspot.com/)

Unemployment Sounds Warning About Economy - (www.nytimes.com)
Job Woes Deepen Economic Anxiety - (www.washingtonpost.com)
California Central Valley housing market to be among last to recover - (www.modbee.com)
$270,000 off Peak in LA - (www.doctorhousingbubble.com)
Anatomy of a Bubble - (www.sdreader.com)Job slump latest omen of recession - (www.latimes.com)
Fed Boosts Next Two Special Auctions to $30 Billion - (www.bloomberg.com)
Economic Outlook: Rate policymakers face a difficult balancing act - (www.ft.com)
The Economy Looks a Lot Like Pizza - (www.nytimes.com)
State Street Replaces Investment Chief After Subprime Losses - (www.bloomberg.com)
State Street sets aside $618 million to cover bond-fund lawsuits - (www.marketwatch.com)
How Long Will Profits Slump? - (www.nytimes.com)
Commodities enjoy record breaking start to new year - (www.ft.com) ($)
Investors may see dividends disappear - (www.ap.com)
Wall Street Eyes Housing, 4Q Earns Data - (www.ap.com)
CEOs on the hot seat - (www.marketwatch.com) , Greenberg
Crude oil barrel at $100 'not necessarily very high': OPEC president - (news.yahoo.com/s/afp)
New Year Brings Another False Dawn for Housing - (www.bloomberg.com)
Predictions for 2008 - (www.financialsense.com)
Xerox warns companies cutting IT spending - (www.ft.com) ($)
Testing Investors’ Faith in State Street - (www.nytimes.com)


The Appetite for Securities Turns Less Hearty - (www.nytimes.com)
Spin and denial survive the global credit crunch - (www.iht.com)
Japan Ghosts of Bubbles Past Haunt U.S. in 2008: William Pesek - (www.bloomberg.com)

13 Predictions for 2008 - (seekingalpha.com)
House Prices Must Fall Far To Be In Sync With Rents - (online.wsj.com)
Can anyone make money off the real-estate bubble? - (www.slate.com)
Lower house prices helping wounded war veterans - (www.chron.com)
The anatomy of the United States housing crisis - (www.seacoastonline.com)
Late Payments on Consumer Loans Rise - (www.sfgate.com)