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Showing 1 - 8 of 8 results for "NINJA"

Chief economist update: This time is different

BENJAMIN ONG  |  WEDNESDAY, 7 FEB 2018
"It's murder on the dance floor. You'd better not kill the groove..." - Sophie Ellis-Bextor. "Stock Market Loser Kills Brokerage Manager, Self in Shooting Rampage". This was Los Angeles Times' headline reporting about an investor going into Merrill ...

Run China run

BENJAMIN ONG  |  FRIDAY, 9 AUG 2013

Job woes

BENJAMIN ONG  |  MONDAY, 9 NOV 2009
"They left me to rot!" For all intents, this could be the rallying cry for the 8.2 million Americans that are now unemployed since the start of the US recession in December 2007. I speak, of course, of 40-year old Jason Rodriguez, a former employee ...

Greener than green shoots

BENJAMIN ONG  |  TUESDAY, 28 JUL 2009
Phew! That was a close call. Just when you thought Wall Street has run out of puff, a tail wind comes to lift its sails. The Dow and the S&P 500 spent most of last night's trading activity in the red. For most of the session, investors were cashing ...

Cognacs and chocolates

BENJAMIN ONG  |  THURSDAY, 15 JAN 2009
In spite of the best wishes for good tidings for the New Year, sorrows and trouble abound. The global financial crisis shows no signs of abating. The global economic future looks glum. Yet Americans are unable to afford their usual psychological crutches ...

Blame planners, not me: Costello

ALEX DUNNIN  |  WEDNESDAY, 1 OCT 2008
... to give mortgage loans to first-time buyers with shaky financing and incomes" that might have inadvertently lead to the NINJA-loan induced housing-credit bubble that has now exploded. Actor Russell Crowe yesterday said the easiest way to solve the crisis ...

Funny Mae, Froggy Mac

BENJAMIN ONG  |  TUESDAY, 9 SEP 2008
"Fannie Mae and Freddie Mac are so large and so interwoven in our financial system that a failure of either of them would cause great turmoil in our financial markets here at home and around the globe. This turmoil would directly and negatively impact ...

Bargains emerge in global REITs

... and the remaining seven per cent on sub-prime type loans. But contrary to recent reports, Canter argues that these mostly ninja loans (no income, no job, no assets) are unlikely to bring down the US' $16 trillion economy. But if investors are still not ...
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