Category: Lender

China’s ‘producers': Part 3, Have I ever steered you wrong? Always

3 October, 2012 (09:20) | China, Commodities, Economics, Finance, Lender, Markets, Regulation, Securitization |

[Continued from yesterday’s Part 2 and the preceding Part 1.]   By:David A. Smith   As we’ve now seen in the two previous posts, based on stories and analysis in The Diplomat (September 10) (blue Arial),Reuters (September 16) (green Arial), and the sulfuric commodities blogZero Hedge (red Arial), China’s capital in circulation, either in money […]

China’s ‘producers': Part 2, Let’s assume that you are a dishonest man

2 October, 2012 (09:16) | China, Commodities, Economics, Finance, Lender, Markets, Regulation, Securitization |

[Continued from yesterday’s Part 1.]   By:David A. Smith Using reporting from The Diplomat (September 10) (blue Arial),Reuters (September 16) (green Arial), and the sulfuric commodities blogZero Hedge (red Arial), yesterday’s post on China’s Mystery of the Vanishing Steel established that China’s producers have been multiply pledging steel inventories..  if so, many Chinese holders of […]

China’s ‘producers': Part 1, Thank you, I knew I could con you

1 October, 2012 (13:55) | China, Commodities, Economics, Finance, Lender, Markets, Regulation, Securitization |

By:David A. Smith   No sooner had I finished posting my comprehensive three-part theory of China’s impending economic implosion than I came across two stories tending to confirm it in the scariest way possible, one from The Diplomat (September 10) (blue Arial), the other from Reuters (September 16) (green Arial) embellished with the acidic and […]

How a lender thinks: Part 2, behaviors

16 May, 2007 (10:44) | Homeownership, Housing finance, Lender, Lending |

[Continued from yesterday’s Part 1.]   Yesterday we saw that lenders view the world in Aristotleian elements of money and paper, like to receive things from behind the sanctity of their desks, and think that surprises are bad, volatility is bad, and calm is good.   All my loans are current   To a lender, security […]

How a lender thinks: Part 1, attitudes

15 May, 2007 (10:32) | Homeownership, Housing finance, Lender, Lending |

So far in our subprime sequence, we’ve observed that all that jitters does not fold, watched New Century’s domino falls two ways, identified the dramatis personae of lending, and the right policy questions, and commented on What’s a delinquent borrower to do? In pursuit of wisdom, Dr. John H. Watson also visited Mycroft Holmes, who […]