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	<title>Mortgages and What Is A Bad Loan &#187; International</title>
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	<link>http://crisis.lenderwatch.org</link>
	<description>Mortgage Crisis Before, During, and After</description>
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		<item>
		<title>More of America sold to China as distressed assets</title>
		<link>http://crisis.lenderwatch.org/news/674</link>
		<comments>http://crisis.lenderwatch.org/news/674#comments</comments>
		<pubDate>Tue, 29 Sep 2009 12:43:51 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[International]]></category>
		<category><![CDATA[Investors]]></category>
		<category><![CDATA[America]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[China's Communist government]]></category>
		<category><![CDATA[U.S. Treasury]]></category>
		<category><![CDATA[United States]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/?p=674</guid>
		<description><![CDATA[China Investment Corp, a $200 billion sovereign fund, is set to spend $2 billion buying U.S. distressed assets from property to infrastructure via three funds, including one managed by Goldman Sachs, sources briefed on the plan said on Tuesday. CIC&#8217;s latest swoop on U.S. assets comes after the state-owned investment vehicle lined up to invest<a href="http://crisis.lenderwatch.org/news/674" class="read-more">Continue Reading</a>]]></description>
		<wfw:commentRss>http://crisis.lenderwatch.org/news/674/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Other countries place crisis blame on United States</title>
		<link>http://crisis.lenderwatch.org/news/550</link>
		<comments>http://crisis.lenderwatch.org/news/550#comments</comments>
		<pubDate>Sat, 31 Jan 2009 12:24:00 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[International]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[failure]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/news/550</guid>
		<description><![CDATA[At the World Economic Forum in Davos, China and Russia placed the blame for the global economic crisis on the United States. Most Americans would agree, and so do many other world leaders. The Chinese premier, Wen Jiabao, used stronger language, leaving little doubt that Beijing blamed the US for the economic breakdown. â€œInappropriate macroeconomic<a href="http://crisis.lenderwatch.org/news/550" class="read-more">Continue Reading</a>]]></description>
		<wfw:commentRss>http://crisis.lenderwatch.org/news/550/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>10 largest banks in the world at end of 2008</title>
		<link>http://crisis.lenderwatch.org/news/540</link>
		<comments>http://crisis.lenderwatch.org/news/540#comments</comments>
		<pubDate>Thu, 15 Jan 2009 14:25:45 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[International]]></category>
		<category><![CDATA[AIG]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[HSBC]]></category>
		<category><![CDATA[subprime]]></category>
		<category><![CDATA[Wells Fargo]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/news/540</guid>
		<description><![CDATA[Here is a list of the largest banks in the world at the end of 2008: 1. Industrial &#038; Commercial Bank of China, ICBC (China) 2. Bank of America (US) 3. HSBC Holdings (UK) 4. China Construction (China) 5. Bank of China (China) 6. JPMorgan Chase (US) 7. Citigroup (US) 8. Wells Fargo (US) 9.<a href="http://crisis.lenderwatch.org/news/540" class="read-more">Continue Reading</a>]]></description>
		<wfw:commentRss>http://crisis.lenderwatch.org/news/540/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>First shots fired in global economic war</title>
		<link>http://crisis.lenderwatch.org/news/528</link>
		<comments>http://crisis.lenderwatch.org/news/528#comments</comments>
		<pubDate>Mon, 22 Dec 2008 23:42:55 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[International]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[credit card]]></category>
		<category><![CDATA[failure]]></category>
		<category><![CDATA[investor]]></category>
		<category><![CDATA[Lenders]]></category>
		<category><![CDATA[OTS]]></category>
		<category><![CDATA[subprime]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/news/528</guid>
		<description><![CDATA[If subprime issues and tainted paper sold around the world didnâ€™t start a global economic war a recent move might do so. Investors in bank debt are threatening to boycott lenders that follow Deutsche Bank in breaking an unwritten rule and failing to exercise a call option on subordinated debt. In a coordinated action, angry<a href="http://crisis.lenderwatch.org/news/528" class="read-more">Continue Reading</a>]]></description>
		<wfw:commentRss>http://crisis.lenderwatch.org/news/528/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Holding out the beggar bowl in London</title>
		<link>http://crisis.lenderwatch.org/news/511</link>
		<comments>http://crisis.lenderwatch.org/news/511#comments</comments>
		<pubDate>Tue, 14 Oct 2008 01:48:00 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[International]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[government]]></category>
		<category><![CDATA[industry]]></category>
		<category><![CDATA[investor]]></category>
		<category><![CDATA[SEC]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/news/511</guid>
		<description><![CDATA[This was submitted by a reader: LONDON (AP) &#8211; The British government injected an unprecedented 37 billion pounds ($63 billion) into some of the country&#8217;s leading banks Monday to avoid a full-scale collapse of the sector. In return for the rescue, the Royal Bank of Scotland Group PLC, Lloyds TSB Group PLC and HBOS PLC<a href="http://crisis.lenderwatch.org/news/511" class="read-more">Continue Reading</a>]]></description>
		<wfw:commentRss>http://crisis.lenderwatch.org/news/511/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Russian economy struggles again with stock rout</title>
		<link>http://crisis.lenderwatch.org/news/497</link>
		<comments>http://crisis.lenderwatch.org/news/497#comments</comments>
		<pubDate>Wed, 17 Sep 2008 14:36:16 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[International]]></category>
		<category><![CDATA[AIG]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[government]]></category>
		<category><![CDATA[SEC]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/news/497</guid>
		<description><![CDATA[Russia&#8217;s markets are facing the biggest test since the government defaulted in 1998. However, it looks like past history and a poor track record does not instill much confidence. Russia poured $44 billion into its three largest banks and halted stock trading for a second day in a bid to stem the most severe financial<a href="http://crisis.lenderwatch.org/news/497" class="read-more">Continue Reading</a>]]></description>
		<wfw:commentRss>http://crisis.lenderwatch.org/news/497/feed</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Only paid $1.5 million for destroying Northern Rock</title>
		<link>http://crisis.lenderwatch.org/news/418</link>
		<comments>http://crisis.lenderwatch.org/news/418#comments</comments>
		<pubDate>Mon, 31 Mar 2008 15:44:27 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[International]]></category>
		<category><![CDATA[Adam Applegarth]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[Northern Rock]]></category>
		<category><![CDATA[USD]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/news/418</guid>
		<description><![CDATA[People have an amazing ability to justify anything in their minds. &#8216;Abilities&#8217; is defined in the free dictionary as &#8220;The quality of being able to do something, especially the physical, mental, financial, or legal power to accomplish something.&#8221; Our emphasis is on the financial. (perhaps it should be on the power to accomplish something?) Positive<a href="http://crisis.lenderwatch.org/news/418" class="read-more">Continue Reading</a>]]></description>
		<wfw:commentRss>http://crisis.lenderwatch.org/news/418/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Enron, Sarbanes-Oxley and the subprime mess</title>
		<link>http://crisis.lenderwatch.org/news/413</link>
		<comments>http://crisis.lenderwatch.org/news/413#comments</comments>
		<pubDate>Wed, 26 Mar 2008 15:06:59 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[International]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[bankrupt]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[subprime]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/news/413</guid>
		<description><![CDATA[The excesses of the current &#8216;subprime&#8217; era are not the only excesses with ties to structured finance transactions. Many banks were sued by Enron Corporation. Enron filed suit in September 2003 against 11 banks, accusing them of conspiring with former Enron officials to manipulate the energy company&#8217;s finances. Enron says the banks helped set up<a href="http://crisis.lenderwatch.org/news/413" class="read-more">Continue Reading</a>]]></description>
		<wfw:commentRss>http://crisis.lenderwatch.org/news/413/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Subprime lines lead to global recession</title>
		<link>http://crisis.lenderwatch.org/news/386</link>
		<comments>http://crisis.lenderwatch.org/news/386#comments</comments>
		<pubDate>Sat, 08 Mar 2008 16:14:57 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[International]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[investments]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[mortgage crisis]]></category>
		<category><![CDATA[real estate]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[subprime]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/news/386</guid>
		<description><![CDATA[Fallout from investments in the United States, subprime debt, and commercial paper has spread around the world. Some countries are feeling the impact as infection in the US has spread to the real economy around the world. Profits at Dutch-Belgian banking group Fortis halved in its fourth trading quarter after a worse-than-expected 1.5 billion (£1.15bn)<a href="http://crisis.lenderwatch.org/news/386" class="read-more">Continue Reading</a>]]></description>
		<wfw:commentRss>http://crisis.lenderwatch.org/news/386/feed</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Lone Star KEB deal &#8211; 5 years in prison and HSBC on hold</title>
		<link>http://crisis.lenderwatch.org/news/372</link>
		<comments>http://crisis.lenderwatch.org/news/372#comments</comments>
		<pubDate>Sat, 02 Feb 2008 18:10:14 +0000</pubDate>
		<dc:creator>Timothy Blake</dc:creator>
				<category><![CDATA[Archives]]></category>
		<category><![CDATA[International]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[HSBC]]></category>
		<category><![CDATA[investor]]></category>
		<category><![CDATA[Lenders]]></category>

		<guid isPermaLink="false">http://mortgageblues.us/news/372</guid>
		<description><![CDATA[A South Korean court on Friday found Lone Star Funds&#8217; local head guilty of stock price manipulation and sentenced him to five years&#8217; in prison. HSBC has been trying to buy KEB from Lone Star, but that may present a problem right now. HSBC&#8217;s August agreement with Lone Star expires in April, though the Yonhap<a href="http://crisis.lenderwatch.org/news/372" class="read-more">Continue Reading</a>]]></description>
		<wfw:commentRss>http://crisis.lenderwatch.org/news/372/feed</wfw:commentRss>
		<slash:comments>1</slash:comments>
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