{"id":170896,"date":"2010-01-12T15:50:50","date_gmt":"2010-01-12T20:50:50","guid":{"rendered":"http:\/\/mortgagenewsclips.com\/2010\/01\/12\/government-at-work-geithner-and-aig-phantom-zip-codes-fdic-interest-rate-advisory-china-buing-mbs-geithner-in-november-default-propensity-onion-on-labor-free-money\/"},"modified":"2010-01-12T15:50:50","modified_gmt":"2010-01-12T20:50:50","slug":"government-at-work-geithner-and-aig-phantom-zip-codes-fdic-interest-rate-advisory-china-buing-mbs-geithner-in-november-default-propensity-onion-on-labor-free-money","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/170896","title":{"rendered":"Government at Work: Geithner and AIG, Phantom Zip Codes, FDIC Interest Rate Advisory, China, Buing MBS, Geithner in November, Default Propensity, Onion on Labor, Free Money"},"content":{"rendered":"

\"bill-coppedge-dec09-1\"<\/a> \"original<\/a> <\/p>\n

 <\/p>\n

\"bloomberg\"<\/a> <\/p>\n

Geithner\u2019s New York Fed Told AIG to Limit Swaps Disclosure<\/strong> – By Hugh Son – hattip John Cervarich – Bloomberg<\/a>
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\"washington-examiner\"<\/a> <\/p>\n

(Federal Stimulus) Phantom zip codes also found in Virginia –<\/strong> By: BARBARA HOLLINGSWORTH – As much as $9.5 million in federal stimulus dollars went to 14 zip codes in Virginia that don\u2019t exist or are in other states, Old Dominion Watchdog (http:\/\/virginia.watchdog.org)<\/a> reports. The fake zip codes were listed on Recovery.gov, the federal Web site that is supposed to track how the stimulus money is being used. – Washington Examiner<\/a> <\/p>\n

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\"fdic1\"<\/a>   +  \"market-ticker\"<\/a> <\/p>\n

FDIC Issues Interest Rate Risk Advisory –<\/strong> … The financial regulators recognize that some IRR is inherent in the business of banking. At the same time, institutions are expected to have sound risk-management practices to measure, monitor, and control IRR exposures. The financial regulators expect each depository institution to manage its IRR exposures using processes and systems commensurate with its complexity, business model, risk profile, and scope of operations. … – FDIC Press Release<\/a>      11 page advisory here<\/a> <\/p>\n

and
Here It Comes (You Were Just Warned Folks)<\/strong> – Posted by Karl Denninger – 6 points on FDIC rate advisory, rates rising, and the coming stock selloff – good read<\/strong>. – Market-Ticker<\/a> <\/p>\n

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\"zero-hedge\"<\/a> <\/p>\n

China Begins Liquidity Tightening, As Bubble Threat Looms<\/strong> – Submitted by Tyler Durden –  ….  The People\u2019s Bank of China yesterday sold three-month bills at a higher interest rate for the first time in 19 weeks.” … – Zero Hedge<\/a> <\/p>\n

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\"reuters\"<\/a> <\/p>\n

Fed bought $12 bln net in agency MBS in latest week<\/strong> – … The amount was up from the previous week’s net purchases of $9.3 billion. … – Reuters<\/a>
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\"business-insider-clusterstock\"<\/a> <\/p>\n

Tim Geithner Will Be Fired After The November Elections<\/strong> – John Carney  – Clusterstock at Business Insider<\/a>
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\"rfanniealtagraf\"<\/a> \"reason-hit-and-run\"<\/a> <\/p>\n

Who Burst Our Beautiful Bubble? – Tim Cavanaugh – … here’s some detail from Edward Pinto.<\/strong>  Pinto, president of Smartlender, the Independent Community Bankers of America’s settlement service provider, explains that default risk on an original loan increases geometrically the closer you get to no money down<\/strong>. A default propensity of 1 on a property bought with 80 percent financing increases to 2 at 90 percent financing, 4 at 95 percent, and 8 at 100 percent. … –  Reason –  Hit and Run<\/a>
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\"onion-news-network\"<\/a> <\/p>\n

THE ONION: Labor Dept: Available Labor Rate Increases To 10.2%<\/strong> –  In what is being touted by the Labor Department as extremely positive news, the nation’s available labor rate has reached double digits for the first time in 26 years, bringing the total number of potentially employable Americans to an impressive 15.7 million. – hattip John Cervarich – The Onion<\/a>
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\"financial-post\"<\/a> <\/p>\n

The end of free money – Paul Vieira – Removing central bank life support will be the big hurdle for markets in 2010<\/strong> – Financial Post<\/a><\/p>\n

\n<\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a>\n<\/div>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

  Geithner\u2019s New York Fed Told AIG to Limit Swaps Disclosure – By Hugh Son – hattip John Cervarich – Bloomberg ———— (Federal Stimulus) Phantom zip codes also found in Virginia – By: BARBARA HOLLINGSWORTH – As much as $9.5 million in federal stimulus dollars went to 14 zip codes in Virginia that don\u2019t exist […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-170896","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/170896","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=170896"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/170896\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=170896"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=170896"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=170896"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}