Credit Crunch - Business Exchange Most Active Articles 2010-03-21T01:31:32.532-04:00 Business Exchange Business_Exchange@businessweek.com urn:com:businessweek:bx:topic:most-active:credit-crunch Frank Comes fcomes553 Credit and Blame urn:com:businessweek:bx:article:6004752442612409522-3406fb863c1a10c4b0f6285b5fc9c516 2008-09-17T14:08:17.848-04:00 A must-read on the origins of the crisis A must-read on the origins of the crisis economist.com http://www.economist.com/finance/displayStory.cfm?story_id=12209655 Henry Blodget hblodget186 7,435 7,327 92 16 10 of the World’s Most Dramatic Financial Crises, and Their Lessons urn:com:businessweek:bx:article:17507852872421588263-db53fda263d306620d5e75b2dbf9d064 2008-09-27T14:59:24.580-04:00 Business Pundit http://www.businesspundit.com/10-of-the-worlds-most-dramatic-financial-crises-and-their-lessons/ Melinda Chen mchen218 2,854 2,815 38 1 US recession likely in 2009 -- property mogul Zell urn:com:businessweek:bx:article:5009889647571587224-9f3ab7747215dc0de49be6e3527c5661 2008-09-25T10:18:56.245-04:00 Real estate mogul Sam Zell predicts that there will be a recession in 2009, and that the market for single family homes has bottomed out. Real estate mogul Sam Zell predicts that there will be a recession in 2009, and that the market for single family homes has bottomed out. uk.biz.yahoo.com http://uk.biz.yahoo.com/23092008/323/recession-likely-2009-property-mogul-zell.html Emily Thornton ethornton396 2,774 2,751 22 1 What caused the financial crisis? urn:com:businessweek:bx:article:11997490432464492053-2db6c9f4f3d71ba5c23fb1110cf27261 2008-10-06T18:25:29.325-04:00 Forget about particular details for a moment, in conceptual terms what led so many financial institutions to take so much excess risk? Forget about particular details for a moment, in conceptual terms what led so many financial institutions to take so much excess risk? Marginal Revolution http://www.marginalrevolution.com/marginalrevolution/2008/10/what-caused-the.html Ben Steverman bsteverman434 1,409 1,394 15 0 A fate worse than debt urn:com:businessweek:bx:article:15536796016293126247-368735d7d8edac19ae311d3630529370 2008-09-26T17:48:04.807-04:00 Consumers and companies may be forced to cut back Consumers and companies may be forced to cut back economist.com http://www.economist.com/finance/displayStory.cfm?source=hptextfeature&story_id=12306060 Adrienne Carter acarter660 1,170 1,145 25 0 Ten Companies That Won’t Make It Through 2009 urn:com:businessweek:bx:article:9533888366196209761-f4a1d609e25b216fec70ae8d54c7b5a6 2008-12-15T01:56:56.760-05:00 24/7 Wall St. looked at some of the largest and most well-known companies, reviewed their SEC filings if they are public, analyst reports, and media observations about their businesses and picked ten that probably won’t be around at the end of next year. 24/7 Wall St. looked at some of the largest and most well-known companies, reviewed their SEC filings if they are public, analyst reports, and media observations about their businesses and picked ten that probably won’t be around at the end of next year. 24/7 Wall St. http://www.247wallst.com/2008/12/companies-that.html Ashley Allen aallen237 801 799 2 0 Tougher Credit: How Consumers Should Prepare urn:com:businessweek:bx:article:16097873402621986501-207d2a77871abd8ce8a8d846febd34ce 2008-10-01T14:25:59.156-04:00 It will be tougher to get credit in the months ahead. So what should consumers do? It will be tougher to get credit in the months ahead. So what should consumers do? CNBC http://www.cnbc.com/id/26959572 Lauren Young lyoung404 950 937 13 0 Credit Crunch on Main Street urn:com:businessweek:bx:article:18155272939088591503-5b42525062a15b3a128bfafeef4610c9 2008-09-29T23:45:19.780-04:00 Defaults on corporate loans have jumped, lenders to McDonald's franchisees are strapped, and big names like GM are facing liquidity problems Defaults on corporate loans have jumped, lenders to McDonald's franchisees are strapped, and big names like GM are facing liquidity problems BusinessWeek http://www.businessweek.com/bwdaily/dnflash/content/sep2008/db20080928_348088.htm?chan=top+news_top+news+index+-+temp_news+%2B+analysis John A. Byrne jbyrne076 765 748 17 0 Why consumers still balk at buying homes urn:com:businessweek:bx:article:3569985790679112223-677aca01cd21def7a563c5a254e5a2de 2010-03-03T21:49:52.920-05:00 Greater price affordability, historically low interest rates and unprecedented federal assistance SHOULD mean boom-time-level home buying Greater price affordability, historically low interest rates and unprecedented federal assistance SHOULD mean boom-time-level home buying erate.com http://www.erate.com/consumers-still-balk-buying-homes.htm Jeff Howard jhoward628 5 3 0 2 The Credit Crunch: Where Is It Happening? urn:com:businessweek:bx:article:15335026225293113834-92c66797345dcffc29471b815065041c 2008-09-30T15:18:41.075-04:00 While Congress bickers over how to fix the financial meltdown, there's a decent chance you haven't even felt it. Why, you may be asking yourself, does everyone think there's such a big a problem when you're still being offered credit cards in the mail and zero-percent financing at the car dealership? Maybe you used to bank with Washington Mutual or Wachovia and overnight you've become a Chase or Citi customer, but if your money's still there, why does the rest matter? While Congress bickers over how to fix the financial meltdown, there's a decent chance you haven't even felt it. Why, you may be asking yourself, does everyone think there's such a big a problem when you're still being offered credit cards in the mail and zero-percent financing at the car dealership? Maybe you used to bank with Washington Mutual or Wachovia and overnight you've become a Chase or Citi customer, but if your money's still there, why does the rest matter? time.com http://www.time.com/time/business/article/0,8599,1845818,00.html Lauren Young lyoung404 661 650 10 1 Mish's Global Economic Trend Analysis: "I'm Sure Glad The Recession Ended" urn:com:businessweek:bx:article:7689607230242443466-fa63e2e4259453a0d5f2778b3f7c4549 2010-03-01T22:27:20.659-05:00 For those who think business is better off than a year ago... look at the "Total Loans and Leases Percent Change From Year Ago" For those who think business is better off than a year ago... look at the "Total Loans and Leases Percent Change From Year Ago" globaleconomicanalysis.blogspot.com http://globaleconomicanalysis.blogspot.com/2010/03/im-sure-glad-recession-ended.html Valcor Arbitration Services dsussman850 3 2 0 1 Where The Pros Are Putting Their Own Money urn:com:businessweek:bx:article:2609086060940370564-19ffd978fd55458cfb407f0f184c0844 2008-10-02T20:54:15.344-04:00 A round up of what financial luminaries are doing with their own portfolios in a dicey market. A round up of what financial luminaries are doing with their own portfolios in a dicey market. images.businessweek.com http://images.businessweek.com/ss/08/09/0925_asset_allocation/1.htm Lauren Young lyoung404 496 490 6 0 The Critical Question About Paulson's Rescue Plan urn:com:businessweek:bx:article:1369185732665038766-58263961e9540869239d5ec74b9375da 2008-09-20T19:29:20.142-04:00 What price the government will pay for the assets it will buy from banks as part of its rescue plan? This will determine how much (if any) capital the banks need to raise to offset the losses and, thus, what their stocks are currently worth. What price the government will pay for the assets it will buy from banks as part of its rescue plan? This will determine how much (if any) capital the banks need to raise to offset the losses and, thus, what their stocks are currently worth. clusterstock.com http://www.clusterstock.com/2008/9/the-critical-question-about-paulson-s-rescue-plan Henry Blodget hblodget186 448 423 24 1 The Great Shakeout urn:com:businessweek:bx:article:18132126723953553349-da2d6d1ed5acc2a3b4855e2592da43e6 2008-09-22T21:31:54.952-04:00 Jim Cramer on the Future of Wall Street After the Great Nationalization. Jim Cramer on the Future of Wall Street After the Great Nationalization. nymag.com http://nymag.com/news/businessfinance/50520/ Shirley Brady sbrady224 432 421 11 0 The $58 Trillion in the Room urn:com:businessweek:bx:article:11224444139786748851-1b296be0db9584a396b4b6ad615270f6 2008-10-15T18:20:14.173-04:00 Credit derivatives' role in the crash Credit derivatives' role in the crash portfolio.com http://www.portfolio.com/views/columns/wall-street/2008/10/15/Credit-Derivatives-Role-in-Crash Ben Steverman bsteverman434 400 392 8 0 Money and Debt: The USA is up to 80% In Debt urn:com:businessweek:bx:article:17510165384792462137-d22580d96fba1eb6f4bde88fea6e5d85 2008-10-03T16:01:55.778-04:00 With only 1/26 of currency circulating against the value of the economy, the US should have seen this crash coming. Here are some rules for a new economic architecture. With only 1/26 of currency circulating against the value of the economy, the US should have seen this crash coming. Here are some rules for a new economic architecture. inspiredeconomist.com http://inspiredeconomist.com/2008/10/03/money-and-debt-new-economic-architecture-required/ Chris Milton cmilton615 399 390 9 0 Lesson From a Crisis: When Trust Vanishes, Worry urn:com:businessweek:bx:article:15101727011647911642-a592f527cea684d2bda09c60c7393659 2008-10-01T05:19:47.826-04:00 In 1929, Meyer Mishkin owned a shop in New York that sold silk shirts to workingmen. When the stock market crashed that October, he turned to his son, then a student at City College, and offered a version of this sentiment: It serves those rich scoundrels right. In 1929, Meyer Mishkin owned a shop in New York that sold silk shirts to workingmen. When the stock market crashed that October, he turned to his son, then a student at City College, and offered a version of this sentiment: It serves those rich scoundrels right. New York Times http://www.nytimes.com/2008/10/01/business/economy/01leonhardt.html?ref=business Jude Chia jchia732 368 358 10 0 Companies Hit Hardest By Credit Crisis urn:com:businessweek:bx:article:14115711220023247120-ec88172968d13ce63d479e8262641b53 2008-10-03T11:38:34.493-04:00 Interesting take on why this list of companies will be hardest hit by the crunch, including Apple, AmEx, Circuit City, and Sirius Interesting take on why this list of companies will be hardest hit by the crunch, including Apple, AmEx, Circuit City, and Sirius 247wallst.com http://www.247wallst.com/2008/10/companies-hit-h.html Ashley Allen aallen237 360 348 12 0 6 Lessons We Should Have Learned Already - Harvard Business Online's Conversation Starter urn:com:businessweek:bx:article:597714468591588515-c3295c0a2d6373646179bd13eba44340 2008-11-03T18:52:21.593-05:00 6 Lessons We Should Have Learned Already Posted by Paul B. Carroll and Chunka Mui on September 30, 2008 1:39 PM People who read this also read: Great leaders are forged in times of crisis. The credit crisis that surrounds us creates an opportunity... 6 Lessons We Should Have Learned Already Posted by Paul B. Carroll and Chunka Mui on September 30, 2008 1:39 PM People who read this also read: Great leaders are forged in times of crisis. The credit crisis that surrounds us creates an opportunity... Conversation Starter http://conversationstarter.hbsp.com/2008/09/six_lessons_we_should_have_lea.html Jena McGregor jmcgregor526 312 306 6 0 Understand the Financial Crisis urn:com:businessweek:bx:article:16615150918184527542-35c3db7fd497daa2114467d4fd2dabb5 2008-10-10T12:44:53.287-04:00 Freddie and Fannie, Bernanke, Bush, mortgages, loans, foreclosure, $700 billion bailout, recession, crisis. These are the words filling the headlines and being tossed around in Washington and on Wall Street in worry and, yes, panic. What does it all mean? Freddie and Fannie, Bernanke, Bush, mortgages, loans, foreclosure, $700 billion bailout, recession, crisis. These are the words filling the headlines and being tossed around in Washington and on Wall Street in worry and, yes, panic. What does it all mean? howto.wired.com http://howto.wired.com/wiki/Understand_the_Financial_Crisis Tom Libertiny tlibertiny665 335 329 6 0 How To Protect Yourself urn:com:businessweek:bx:article:9855193420158642040-f9558c7d5015b899231642600dd3a013 2008-10-07T15:38:54.917-04:00 Depending on your age, what you should do now. Depending on your age, what you should do now. newsweek.com http://www.newsweek.com/id/162633 Lauren Young lyoung404 288 279 9 0 The Man Who Predicted The Economic Meltdown urn:com:businessweek:bx:article:783739324089374065-40ed05cc0f68916ff4b3fb4bf6f92e92 2008-12-04T16:55:59.665-05:00 As one in a small group of analysts who publicly predicted the collapse of the American financial system, Peter Schiff was a lonely — and much maligned — voice on cable's financial news shows. As one in a small group of analysts who publicly predicted the collapse of the American financial system, Peter Schiff was a lonely — and much maligned — voice on cable's financial news shows. npr.org http://www.npr.org/templates/story/story.php?storyId=97801606 Lauren Young lyoung404 215 213 2 0 AIG Bites Hand, Sues U.S. Government urn:com:businessweek:bx:article:6441820596489111213-6077fdcfde420003e491a2cca31129e7 2009-03-02T11:17:46.315-05:00 In the midst of its negotiation with the federal government over revised terms of its bailout, AIG sued the U.S. on Friday over a disputed $306 million in taxes, interest and penalties. In the midst of its negotiation with the federal government over revised terms of its bailout, AIG sued the U.S. on Friday over a disputed $306 million in taxes, interest and penalties. businessinsider.com http://www.businessinsider.com/aig-sues-its-sugar-daddy-uncle-sam-2009-3 Shirley Brady sbrady224 134 134 0 0 The End of Prosperity? urn:com:businessweek:bx:article:4792751426936665103-dc2de554509f418472b878d883339a94 2008-10-04T13:13:23.408-04:00 A noted historian looks at parallels between this financial crisis and 1929 and shows what must be done to avoid Depression 2.0 A noted historian looks at parallels between this financial crisis and 1929 and shows what must be done to avoid Depression 2.0 time.com http://www.time.com/time/business/article/0,8599,1846450-1,00.html Chi-Chu Tschang ctschang944 215 208 7 0 RRecipe for Disaster: The Formula That Killed Wall Street urn:com:businessweek:bx:article:18030540139875573723-d4a2d82b01ff9cac272cb5e038478b8e 2009-02-27T11:07:21.820-05:00 A year ago, it was hardly unthinkable that a math wizard like David X. Li might someday earn a Nobel Prize. After all, financial economists—even Wall Street quants—have received the Nobel in economics before, and Li's work on measuring risk has had more impact, more quickly, than previous Nobel Prize-winning contributions to the field. Today, though, as dazed bankers, politicians, regulators, and investors survey the wreckage of the biggest financial meltdown since the Great Depression, Li is probably thankful he still has a job in finance at all. Not that his achievement should be dismissed. He took a notoriously tough nut—determining correlation, or how seemingly disparate events are related—and cracked it wide open with a simple and elegant mathematical formula, one that would become ubiquitous in finance worldwide. A year ago, it was hardly unthinkable that a math wizard like David X. Li might someday earn a Nobel Prize. After all, financial economists—even Wall Street quants—have received the Nobel in economics before, and Li's work on measuring risk has had more impact, more quickly, than previous Nobel Prize-winning contributions to the field. Today, though, as dazed bankers, politicians, regulators, and investors survey the wreckage of the biggest financial meltdown since the Great Depression, Li is probably thankful he still has a job in finance at all. Not that his achievement should be dismissed. He took a notoriously tough nut—determining correlation, or how seemingly disparate events are related—and cracked it wide open with a simple and elegant mathematical formula, one that would become ubiquitous in finance worldwide. wired.com http://www.wired.com/techbiz/it/magazine/17-03/wp_quant?currentPage=all Lauren Young lyoung404 111 107 1 3