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	<title>Reenita&#039;s Wisdom &#187; commercial banks</title>
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	<link>http://www.reenita.com</link>
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		<title>From Mortgage to Bailout: Understanding How The Problem Developed</title>
		<link>http://www.reenita.com/from-mortgage-to-bailout-understanding-how-the-problem-developed/</link>
		<comments>http://www.reenita.com/from-mortgage-to-bailout-understanding-how-the-problem-developed/#comments</comments>
		<pubDate>Fri, 26 Sep 2008 04:40:35 +0000</pubDate>
		<dc:creator>reenita</dc:creator>
				<category><![CDATA[My Daily Wisdom]]></category>
		<category><![CDATA[bailout]]></category>
		<category><![CDATA[commercial banks]]></category>
		<category><![CDATA[investment banking]]></category>
		<category><![CDATA[mortgage-backed securities]]></category>
		<category><![CDATA[mortgages]]></category>
		<category><![CDATA[paper loss]]></category>
		<category><![CDATA[real estate investing]]></category>
		<category><![CDATA[toxic mortgage-backed assets]]></category>
		<category><![CDATA[Wall Street]]></category>

		<guid isPermaLink="false">http://www.reenitamalhotrahora.com/?p=152</guid>
		<description><![CDATA[In an effort to demystify the code, I recently put together a laypersons' blogpost for Inspired Economist. Check it out to understand exactly how America went from mortgage to bailout:]]></description>
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		<title>Death of Wall Street, Rise of Main Street</title>
		<link>http://www.reenita.com/death-of-wall-street-rise-of-main-street/</link>
		<comments>http://www.reenita.com/death-of-wall-street-rise-of-main-street/#comments</comments>
		<pubDate>Mon, 22 Sep 2008 20:25:02 +0000</pubDate>
		<dc:creator>Reenita</dc:creator>
				<category><![CDATA[My Daily Wisdom]]></category>
		<category><![CDATA[commercial banks]]></category>
		<category><![CDATA[Goldman Sachs]]></category>
		<category><![CDATA[investment banking]]></category>
		<category><![CDATA[Main Street]]></category>
		<category><![CDATA[Mitsubishi]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[Securities and Exchange Commission]]></category>
		<category><![CDATA[Wall Street]]></category>

		<guid isPermaLink="false">http://www.reenitamalhotrahora.com/?p=147</guid>
		<description><![CDATA[Mitsubishi UFJ Financial Group Inc., Japan’s largest bank, will inject 900 billion yen ($8.4 billion) into Morgan Stanley to help it transition to a bank holding company. Goldman Sach’s strategy is slightly different albeit with the same ultimate objective i.e. to become a commercial bank. According to Bloomberg, Goldman already has in excess of $20 billion in customer deposits in two subsidiaries and is creating a new one, GS Bank USA, that will have more than $150 billion of assets, making it one of the 10 largest banks in the U.S.   ]]></description>
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