All the Devils Are Here [230]
by Fannie Mae
Lockhart, Jim
Loeb, David
Long Beach Mortgage
establishment of
federal investigations of
Long Beach Savings & Loan
establishment of
Goldman deals
loans, selling to Wall St.
Washington Mutual acquisition of
worst bank designation
Long-Term Capital Management (LTCM), collapse of
Low-income persons
Countrywide loans to
Fannie initiatives for
Long Beach discrimination case
Lowitt, Ian
Lucido, Lou
McCallion, Anne
McCoy, Patricia
McDade, Bart
McDaniel, Raymond
McDonough, William
McGarrigal, Ray
McGee, Skip
McGraw, Terry
McMahon, Mike
McMurray, John
Madigan, Lisa
Magnetar
Maloney, Carolyn
Maloni, William “Bill,”
Mark-to-market accounting
Marsh & McLennan
Mason, Joseph
Masters, Blythe
Matthews, Ed
Maxwell, David
biographical information
on Fannie mission
and Johnson
and MBS development
and MBS-related legislation
MBS, view of
and REMIC decision
retirement package
May, William
Mehle, Roger
Merrill, Charles
Merrill Lynch
Bank of America acquisition of
BlackRock deal
bonuses, accelerated
CDOs
CDOs, collapse of
CEO. See O’Neal, Stan
establishment of
First Franklin acquired by
post-bailout bonuses
risk management, lack of
subprime exposure, extent of
synthetic CDOs
Merrill Lynch Mortgage Capital
Mexico, credit crisis
Milken, Michael
Miller, Tom
Mital, Aseem
Mobasheri, Ardavan
Mondor, Paul
Money market funds, and repo market
Money Store
Montag, Tom
Moody, John
Moody’s
CDOs, downgrading
CDOs, rating
under Clarkson
comments after CDOs crash
derivatives high rating, reasons for
downgrading of (2007)
establishment of
growth of
reform, lack of
Moral hazard
Morelli, Robert
Morgan Stanley
establishment of
GSEs, analysis of
survival after collapse
Morrice, Brad
Mortgage-backed securities (MBS)
blue sky laws exemption
CMOs
Fannie Mae portfolio of
first issue
laws expanding growth of
profitability of
rating of
rationale for
REMICs
risk weighting
of subprimes. See Subprime mortgage-backed securities (subprime MBS)
tranches
Mortgage Bankers Association
Mortgage Guaranty Insurance Corporation
Mortgage originators
Ameriquest
Countrywide Financial
crisis of 1998
going public
hard-money lenders
write-downs
Mortgages
adjustable rate
conforming
to credit risks. See Subprime mortgages
Federal Reserve authority over
first- and second-lien
prepayment risk
securities based on. See Derivatives; Mortgage-backed securities (MBS); Subprime mortgage-backed securities (subprime MBS)
Mozilo, Angelo
biographical information
and Countrywide collapse
exit package
homeownership as mission
SEC fraud charges
style/personality of
subprimes, view of
See also Countrywide Financial
Mozilo, Mark
Mudd, Daniel
during collapse
Fannie under
on Johnson era
Multisector CDO
National Association of Affordable Housing Lenders
National Community Reinvestment Coalition
Nationally Recognized Statistical Ratings Organization (NRSROs)
National Predatory Lending Task Force
Nayden, Denis
Netting out
Nevins, Lou
New Century
New Century Financial
collapse of
fraud, view of
Goldman deals
growth of
Merrill buyout plan
Nicolaus, Stifel
Norell, Lars
Norma
Northern Rock
Noto, Tom
Obama, Barack
Arnall supported by
regulatory actions
Off-balance sheet investments
Office of Federal Housing Enterprise Oversight (OFHEO)
establishment of
under Falcon
Fannie, regulatory weakness
Fannie accounting fraud investigation
and GSEs collapse
See also Federal Housing Finance Agency
Office of the Comptroller of the Currency (OCC)
preemption policy
subprime crackdown
Office of Thrift Supervision (OTS)
Long Beach discrimination case
preemption policy
subprime guidelines
subprimes, neglect of issue
O’Neal, Stan
biographical information
and CDO collapse
CDO exposure, ignorance about
Kronthal firing
leaves Merrill
Merrill Lynch under
Patrick/Zakaria firing
risk encouraged by
and sale of Merrill
Semerci hired by
style/personality of
See also Merrill Lynch
O’Neill, Sandler
Option One
Orkin, Michael
Overcollateralization