by Rainier on November 2, 2008
Typically, in the loan and mortgage industry, when a customer fails to live up to his obligation, then you take ownership of the property to cover your losses. No question, pretty understandable. As basic as all the Business Law we had in college.
But what happens when a customer fails to live up to his [...]
by Rainier on October 10, 2008
World?s stock markets plunges! That was the news that greeted me when I woke up early this morning. Was I shocked? Not really. I was expecting these kinds of news. And the bad news continues.
Iceland is on the brink of bankruptcy. They?ll have to go back to fishing to sustain their economy.
Japan?s Nikkei Index [...]
by Rainier on October 5, 2008
The Bailout
An sama-sama nang tama nang lecheng bailout chorva na to saken mga kunichiwa! Napa-praning ang Reyna. Leche sila! Mga tiga Wall Street ang minumura hindi mga blogista! Walang ba silang alam sa problema? Ano baaa??? Binasa ko ang Bailout, from page 1 to page 451. Hehehe! Charing lang! Haller!!! Porno lang ang binabasa ko [...]
by Rainier on September 29, 2008
Wall Street and Capitol Hill are in a frenzy. They are waiting for the much anticipated coming… the huge, gigantic $700 billion US dollar, superman bail-out of what seemed to be the obvious failure of corporate capitalism.
If you?re a Reyna reader, I?m sure you already know what this esoteric term ?mortgage-backed securities? means. Now, what [...]
by Rainier on September 19, 2008
Earlier, I said, “At sa bawat hatsing nang America, magkakasipon ang mundo. Pati kayong mga Filipino kasali sa hindi magandang santacruzan na to.” Kaya naman, nung bineyl-out ni Tito Sam ang mga impakto sa Wall Street, nag-santacruzan ang mga stock exchanges around the world. Look at them! Pati sa Russia, an sasaya nila! WORLD PEACE [...]
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