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	<title>Crikey &#187; mortgage backed securities</title>
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		<title>Morning Market Report</title>
		<link>http://www.crikey.com.au/2008/01/31/morning-market-report/</link>
		<comments>http://www.crikey.com.au/2008/01/31/morning-market-report/#comments</comments>
		<pubDate>Wed, 30 Jan 2008 14:00:00 +0000</pubDate>
		<dc:creator>Crikey</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[ambac financial group]]></category>
		<category><![CDATA[dow futures]]></category>
		<category><![CDATA[fear of god]]></category>
		<category><![CDATA[financial guaranty insurance]]></category>
		<category><![CDATA[mortgage backed securities]]></category>

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		<description><![CDATA[The highlights and lowlights of this morning's sharemarket activity.]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Ratings agencies asleep at the wheel over sub-prime crisis</title>
		<link>http://www.crikey.com.au/2007/12/14/ratings-agencies-asleep-at-the-wheel-over-sub-prime-crisis/</link>
		<comments>http://www.crikey.com.au/2007/12/14/ratings-agencies-asleep-at-the-wheel-over-sub-prime-crisis/#comments</comments>
		<pubDate>Thu, 13 Dec 2007 14:00:00 +0000</pubDate>
		<dc:creator>Crikey</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[bond issuers]]></category>
		<category><![CDATA[chanos chanos]]></category>
		<category><![CDATA[credit crunch]]></category>
		<category><![CDATA[jim chanos]]></category>
		<category><![CDATA[mortgage backed securities]]></category>

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		<description><![CDATA[Aside from banks such as Citigroup, Merrill Lynch and UBS (who between them have dropped more than US$30 billion and counting), some of the biggest victims of the sub-prime credit crunch have been the reputations of ratings agencies, writes Adam Schwab. ]]></description>
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		<slash:comments>1</slash:comments>
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		<item>
		<title>Morning Market Report</title>
		<link>http://www.crikey.com.au/2007/11/13/morning-market-report/</link>
		<comments>http://www.crikey.com.au/2007/11/13/morning-market-report/#comments</comments>
		<pubDate>Mon, 12 Nov 2007 14:00:00 +0000</pubDate>
		<dc:creator>Crikey</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[BHP]]></category>
		<category><![CDATA[countrywide financial corp]]></category>
		<category><![CDATA[major financial institution]]></category>
		<category><![CDATA[mortgage backed securities]]></category>
		<category><![CDATA[zinifex]]></category>

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		<description><![CDATA[The highlights and lowlights of this morning's sharemarket activity.]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The problem with giving CEOs short-term bonuses</title>
		<link>http://www.crikey.com.au/2007/11/07/the-problem-with-giving-ceos-short-term-bonuses/</link>
		<comments>http://www.crikey.com.au/2007/11/07/the-problem-with-giving-ceos-short-term-bonuses/#comments</comments>
		<pubDate>Tue, 06 Nov 2007 14:00:00 +0000</pubDate>
		<dc:creator>Crikey</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[ceo]]></category>
		<category><![CDATA[charles prince]]></category>
		<category><![CDATA[Merrill Lynch]]></category>
		<category><![CDATA[mortgage backed securities]]></category>
		<category><![CDATA[Warren Buffett]]></category>

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		<description><![CDATA[Outgoing Merrill Lynch CEO Stanley O’Neal’s was a true American rags-to-riches tale. The African-American son of a factory worker grew up in poverty, attended Harvard and rose to become CEO of one of the world’s largest brokerages, writes Adam Schwab.]]></description>
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		<title>Rams pricing and rates out of line</title>
		<link>http://www.crikey.com.au/2007/09/27/rams-pricing-and-rates-out-of-line/</link>
		<comments>http://www.crikey.com.au/2007/09/27/rams-pricing-and-rates-out-of-line/#comments</comments>
		<pubDate>Wed, 26 Sep 2007 14:00:00 +0000</pubDate>
		<dc:creator>Crikey</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[low doc loans]]></category>
		<category><![CDATA[Macquarie Bank]]></category>
		<category><![CDATA[mortgage backed securities]]></category>
		<category><![CDATA[rams home loans]]></category>
		<category><![CDATA[skite]]></category>

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		<description><![CDATA[Before skiting to Australia’s biggest selling newspaper that you’re about to sell $500 million in mortgage-backed securities – labelled a “lifeline” by the Herald Sun yesterday morning – it’d be a good idea to have the investors committed.]]></description>
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		<title>Ratings agencies investigated over subprime mess</title>
		<link>http://www.crikey.com.au/2007/08/16/ratings-agencies-investigated-over-subprime-mess/</link>
		<comments>http://www.crikey.com.au/2007/08/16/ratings-agencies-investigated-over-subprime-mess/#comments</comments>
		<pubDate>Wed, 15 Aug 2007 14:00:00 +0000</pubDate>
		<dc:creator>Crikey</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[high yield bonds]]></category>
		<category><![CDATA[mortgage backed securities]]></category>
		<category><![CDATA[mortgage problems]]></category>
		<category><![CDATA[subprime mortgage]]></category>
		<category><![CDATA[subprime mortgages]]></category>

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		<description><![CDATA[The role of credit rating agencies like Moody's, Standard &#038; Poor's and Fitch in the subprime mortgage mess is going to be investigated by the European Commission, writes Glenn Dyer. ]]></description>
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		<title>Will China be the biggest sub-prime loser?</title>
		<link>http://www.crikey.com.au/2007/08/06/will-china-be-the-biggest-sub-prime-loser/</link>
		<comments>http://www.crikey.com.au/2007/08/06/will-china-be-the-biggest-sub-prime-loser/#comments</comments>
		<pubDate>Sun, 05 Aug 2007 14:00:00 +0000</pubDate>
		<dc:creator>Crikey</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[mortgage backed securities]]></category>
		<category><![CDATA[sub prime market]]></category>
		<category><![CDATA[sub prime mortgage]]></category>
		<category><![CDATA[sub prime mortgage market]]></category>
		<category><![CDATA[trillion]]></category>

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		<description><![CDATA[We all know that China has accumulated a staggering $US1.3 trillion in foreign reserves over the past few years, but it’s only starting to now dawn on analysts that the one-party totalitarian state might in fact be the biggest losers from the collapsing US sub-prime mortgage market.

]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The US stumbles&#8230; but it’s only the US</title>
		<link>http://www.crikey.com.au/2007/07/11/the-us-stumbles-but-its-only-the-us/</link>
		<comments>http://www.crikey.com.au/2007/07/11/the-us-stumbles-but-its-only-the-us/#comments</comments>
		<pubDate>Tue, 10 Jul 2007 14:00:00 +0000</pubDate>
		<dc:creator>Crikey</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Asia-Pacific]]></category>
		<category><![CDATA[home depot]]></category>
		<category><![CDATA[mortgage backed securities]]></category>
		<category><![CDATA[sears]]></category>
		<category><![CDATA[sub prime mortgage]]></category>

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		<description><![CDATA[Funny thing about credit ratings agencies: instead of warning there’s a bomb inside the building, they have a marked tendency to subsequently examine the rubble and announce it’s not worth as much as it used to be.]]></description>
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