The territory does not have a looming sub-prime mortgage problem, and local lenders are well capitalised.
Rather than ACORN arguing for sub-prime mortgages, nurses and the AFL-CIO are pushing a FTT.
Apparently, the business of gossip can be as challenging as that of sub-prime lending.
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Just as with Bernie Madoff and the sub-prime fiasco, the SEC has been warned about SCF.
Unfortunately, Shariah-Compliant Finance has the potential to create a national sub-prime meltdown on steroids.
One reason is that the country's banks were relatively unexposed to the US sub-prime mortgage market.
One potential worry is sub-prime lending: loans to people with a bad credit history.
Despite the sub-prime market's attractive returns, prices have not fallen as others come in.
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Europe has not yet escaped sub-prime because people hold hefty mortgages that they cannot walk away from.
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U.S. lending practices, spurred by short-term gain, had banks lending to sub-prime borrowers with no money down.
Last month, National City , also of Cleveland, said it would consider a sale of its First Franklin sub-prime unit.
Such a programme would be cheap, he says, because sub-prime lending is so concentrated in certain neighbourhoods.
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The impact of misrepresenting or miscalculating risk was felt in the sub-prime market and cascading global financial meltdown.
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Mr Sarbanes's law and the others may stop some of the most egregious practices of rogue sub-prime lenders.
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Providian lent extensively to sub-prime (high-risk) consumers and has been bitten by extraordinarily high charge-offs and delinquent loans.
The folks who got Fannie and Freddie into the sub-prime business (Daniel, etc.).
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If it does not, the sufferings of sub-prime lenders may make First Union wish it had stuck to banking.
And some of that was good, but unfortunately what you started seeing were what were called these sub-prime loans.
Capital One boasts an extensive customer data analysis system that helps keep its lending reasonable in the sub-prime category.
It had warned earlier in the year that it was struggling as thousands of its sub-prime borrowers battled with debt.
Other fancy lending schemes, such as sub-prime and interest-only mortgages, have been introduced to encourage poorer Americans onto the housing ladder.
The sub-prime crisis constitutes the most glaring example of this schizophrenic behavior, and our collective inability to understand or refrain it.
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Three years ago, the sub-prime mortgage crisis was about to burst into a full-blown economic disaster for the United States.
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The FSA said the firm's advisers recommended unsuitable mortgage contracts to customers, such as sub-prime deals when mainstream mortgages were available.
Almost any bank with a lot of retail business except for sub-prime lending and perhaps credit cards can expect its minimum capital to fall.
Compared to the losses taken by Citigroup, Merrill Lynch and UBS, Deutsche Bank has dodged the worst of the sub-prime mortgage crash.
The good news is that high default rates may be less painful in places whose sub-prime problem sits atop an economic boom.
Its banks have declared some losses from dabbling in American sub-prime mortgages.
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The McCain ad also accuses congressional "liberals" of showing bad judgment when they pushed for "risky" sub-prime loans and fought against more regulation.
For a start, credit rating agencies' own credibility hasn't recovered - perhaps it never will - from their role in the sub-prime fiasco.
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