Comments on: Subprime and the Kingdom of Sweden… http://www.footnoted.com/subprime-mess/subprime-and-the-kingdom-of-sweden/ Morningstar's guide to what's hiding in SEC filings Fri, 10 Feb 2012 20:24:57 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Michelle Leder http://www.footnoted.com/subprime-mess/subprime-and-the-kingdom-of-sweden/comment-page-1/#comment-3487 Michelle Leder Tue, 02 Oct 2007 02:49:32 +0000 http://www.footnoted.com/subprime-mess/subprime-and-the-kingdom-of-sweden/#comment-3487 Thanks for the group reporting! So glad that footnoted's readers know so much! Thanks for the group reporting! So glad that footnoted’s readers know so much!

]]> By: Patrick http://www.footnoted.com/subprime-mess/subprime-and-the-kingdom-of-sweden/comment-page-1/#comment-3486 Patrick Tue, 02 Oct 2007 00:24:31 +0000 http://www.footnoted.com/subprime-mess/subprime-and-the-kingdom-of-sweden/#comment-3486 Michelle, I researched a listing of 8-Ks with Item 1.03 (Bankruptcy or Receivership) and found just four since January -- NetBank, HomeBanc, American Home, and New Century. Perhaps privately-held groups, like People Choice's Financial and Aegis did most of their bankruptcy suffering in secret. Michelle, I researched a listing of 8-Ks with Item 1.03 (Bankruptcy or Receivership) and found just four since January — NetBank, HomeBanc, American Home, and New Century. Perhaps privately-held groups, like People Choice’s Financial and Aegis did most of their bankruptcy suffering in secret.

]]> By: Tom Tobin http://www.footnoted.com/subprime-mess/subprime-and-the-kingdom-of-sweden/comment-page-1/#comment-3485 Tom Tobin Mon, 01 Oct 2007 23:13:19 +0000 http://www.footnoted.com/subprime-mess/subprime-and-the-kingdom-of-sweden/#comment-3485 Looks like it's because of Bond Issues - they have to prove to investors that they are a good credit risk I guess. The main filing it's attached to: http://sec.gov/Archives/edgar/data/225913/000110465907071957/a07-24743_118k.htm is part of a bond issue, and they must have to file form 18-K http://sec.gov/Archives/edgar/data/225913/000110465907071957/0001104659-07-071957-index.htm Looks like it’s because of Bond Issues – they have to prove to investors that they are a good credit risk I guess.
The main filing it’s attached to:
http://sec.gov/Archives/edgar/data/225913/000110465907071957/a07-24743_118k.htm
is part of a bond issue, and they must have to file form 18-K
http://sec.gov/Archives/edgar/data/225913/000110465907071957/0001104659-07-071957-index.htm

]]> By: David Harper http://www.footnoted.com/subprime-mess/subprime-and-the-kingdom-of-sweden/comment-page-1/#comment-3484 David Harper Mon, 01 Oct 2007 22:01:31 +0000 http://www.footnoted.com/subprime-mess/subprime-and-the-kingdom-of-sweden/#comment-3484 I don't have that, being weary of sub-prime. I also didn't know Sweden was a kingdom (cool! actually, what's a kingdom exactly?) But I can contribute this: they likely file because they issue government bonds, called 'sovereign bonds.' If that's true, if these related to sovereigns, note how everything, including the risk factors attached to their bonds, are our fault. Sub-prime is the new black, everybody's gotta have this risk factor I don’t have that, being weary of sub-prime. I also didn’t know Sweden was a kingdom (cool! actually, what’s a kingdom exactly?)

But I can contribute this: they likely file because they issue government bonds, called ‘sovereign bonds.’ If that’s true, if these related to sovereigns, note how everything, including the risk factors attached to their bonds, are our fault. Sub-prime is the new black, everybody’s gotta have this risk factor

]]> By: Michelle Leder http://www.footnoted.com/subprime-mess/subprime-and-the-kingdom-of-sweden/comment-page-1/#comment-3483 Michelle Leder Mon, 01 Oct 2007 17:13:18 +0000 http://www.footnoted.com/subprime-mess/subprime-and-the-kingdom-of-sweden/#comment-3483 Thanks, Barry. I wasn't aware of that site. Still, I wonder how many of those have actually declared bankruptcy. Anyone have the answer to that one? Thanks, Barry. I wasn’t aware of that site. Still, I wonder how many of those have actually declared bankruptcy. Anyone have the answer to that one?

]]> By: Barry Ritholtz http://www.footnoted.com/subprime-mess/subprime-and-the-kingdom-of-sweden/comment-page-1/#comment-3482 Barry Ritholtz Mon, 01 Oct 2007 16:25:16 +0000 http://www.footnoted.com/subprime-mess/subprime-and-the-kingdom-of-sweden/#comment-3482 According to the Mortgage Lender Implod-o-meter, 161 major US lenders have closed or stopped making loans . . . http://ml-implode.com/ According to the Mortgage Lender Implod-o-meter, 161 major US lenders have closed or stopped making loans . . .

http://ml-implode.com/

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