http://themessthatgreenspanmade.blogspot.com/2007/03/mapping-subrpime-problems.html

http://immobilienblasen.blogspot.com/2007/03/builders-on-block-uk.html

http://www.europac.net/externalframeset.asp?from=home&id=8158

http://immobilienblasen.blogspot.com/2007/03/investing-in-distress-vultures-take.html

http://dianecohn.blogs.com/reno/2007/03/subprime_meltdo.html

congratulations!

is Stephen Pedersen your pseudonym…?

It was a blast! This from Gary: “I hope you are all feeling completely wonderful today after your AMAZING performance last evening. I want to congratulate you for your musicianship, and thank you for your dedication. I had no doubts that you would conquer this piece. Everything was just right… I couldn’t have asked for more from you! This work requires the choir to whisper out the tiniest of pianissimos, and then belt out paint-peeling fortissimos, and you did all that, and everything in between. As I say, I couldn’t have asked for more.”

The ambiance in the sold out hall was electric, and we really did keep the energy going through the whole work. The local broadsheet has published a rave review this morning.

“Dal Chorale, Orchestra handle Verdi’s Requiem with volcanic energy”, by Stephen Pedersen, Halifax (NS, Canada) Chronicle-Herald, March 29, 2007.

Giuseppe Verdi’s Requiem is a powerfully written grand opera in which Christ is the hero, Man the defendant and God the judge and jury.

Under the direction of Gary Ewer, the Dalhousie Chorale and Orchestra, with soloists Marcia Swanston, Gregory Servant, Wendy Nielsen and Darryl Edwards performed it in the Rebecca Cohn Auditorium on Tuesday to an enthusiastic, jam-packed house.

The centrepiece of the work depicts Judgement Day, the Day of Wrath (Dies Irae), in a massive movement which begins with Verdi’s highly successful attempt to scare the daylights out of us. The choir virtually shouts out the fateful words in a descending chromatic line [great fun (as linked the other day), we Tenor II's got to do that one] that illuminates the path to Hell like the strip lighting in the aisle of a crashing airplane.

The hullabaloo swells like a volcano about to burst as five horns, four trumpets, three trombones and a tuba turn up the pressure, aided by four fiery bassoons [they nailed the quartet, heaven knows where Gary found four basoons in Nova Scotia!], pairs of oboes and clarinets, a screaming piccolo and two other flutes (on standby for the solace which comes later on) and strings.

http://www.bloomberg.com/apps/news?pid=20601170&refer=special_report&sid=aaxEGhOqB5eg

http://globaleconomicanalysis.blogspot.com/2007/03/disposable-workforce.html

http://immobilienblasen.blogspot.com/2007/03/kass-harley-hogs-feed-at-subprime.html

how did you perform?

When I saw the Paper Money post my first thought was that The Old Lady Who Lived In A Shoe must have bought an investment property. Looking around, I found an effort by “Candelina Candelina” that sounds like a description of Ben Bernanke’s Senate testimony from earlier today.

There was an old lady who lived in a shoe
She had so much free time, she didn’t know what to do.
So she gathered her herbs and her oils and teas
She put them in her cauldren to see what they’d be.
She stirred and she stirred til a big cloud of smoke
Covered her up like an oversize cloak.
The lady was frightened, enlightened, with no words to say
She reached for her broom, and flew quickly away!

Getting a bit punchy today from the shear volume of bubbly news.

http://paper-money.blogspot.com/2007/03/second-shoe.html

http://www.bloomberg.com/apps/news?pid=20601039&sid=auWrZNIRpSaI&refer=home

http://globaleconomicanalysis.blogspot.com/2007/03/three-clowns.html

http://www.businessweek.com/bwdaily/dnflash/content/mar2007/db20070327_838032.htm?chan=top+news_top+news+index_top+story

stock down 17% after hours

grim reality / pimco

http://immobilienblasen.blogspot.com/2007/03/grim-reality-pimco.html

#20 Wow. Seiders is usually as bad as Lereah. This is as bearish as I have ever seen him. That tells you it is too difficult to hide the carnage any more.

L has told me that he is seeing local problems with loans funding. Pendings have been dropping in the last couple of weeks in Phoenix.

This is not looking good.

http://paper-money.blogspot.com/2007/03/bnn-must-see-tv.html

link provided in his post

http://interestrateroundup.blogspot.com/2007/03/spirited-housing-debate-on-cnbc.html

http://biz.yahoo.com/brn/070326/21330.html?.v=1&.pf=loans

Comment by Title Chica
2007-03-26 09:03:35
I work at a title insurance company in Texas and we are having a wild and crazy month. We’re getting daily emails from underwriting – we even got an email from underwriting with a link to the ML-Implode blog saying to keep an eye out for any of our current lenders! Today we got an email telling us to keep an eye out for Indymac and Hibernia.

We have an escrow unit that handles Fannie Mae foreclosures, and their business is through the roof. The marketing guy who handles lenders has been pulled off the lender beat and told to start hunting the loan servicers who are going to need title work on foreclosures.

On top of all that, of the four contracts I received today, 2 are short sales.

Everyone in my office who has a mortgage refinanced in 2004 to a nice low 30 year fixed. We can all just sit back and watch the carnage and hope that not too much splatters us.

http://www.marketwatch.com/news/story/builder-lennar-reports-73-profit/story.aspx?guid=%7BCE20E912%2D3B27%2D4690%2DB7CE%2D286AA863BEE2%7D

http://macroblog.typepad.com/macroblog/2007/03/housing_subprim.html

http://immobilienblasen.blogspot.com/2007/03/boj-is-watching-land-prices-for-excess.html