News Roundup:
CR Writes: BOA Cuts Dividend in Half; Sees Further Weakening.
SEC Takes Action Against LA Mortgage Brokers
Yves at Naked Capitalism gives us Roubini’s recommendation
Countrywide Settlement from Attorney General Rob McKenna’s website
Mortgage Porter on How Unmarried Individuals Can Take Title to Real Property
Seattle Bubble: WaMu Executive Warned Board of Pending Collapse Years Ago:
Seattle Bubble: NWMLS Inventory Level, Sales UP, Prices Down
60 Minutes: Wall Street’s Shadow Market
This 12 min segment does a nice job of explaining Credit Default Swaps
This American Life has another podcast available, this time on the Bailout
CNN: Dow Closes Below 10,000