John McCain is not going to be the 44th president of the United States. Why? Because he never figured out how to...
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CREDIT CRUNCH
This topic will track the latest developments in the credit crunch. Covering anything from bank capital shortfalls, writedowns, liquidity problems, collateralized debt obligations, credit default swaps, hedge fund woes, difficulties resulting from securitization of debt, and just about any other manifestation of the current credit contagion.
Credit Crunch is part of Business Exchange, suggested by
Frank Comes.
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We know that JP Morgan began to become very conservative with its assets last fall. It made collateral calls on Lehman...
Small companies are desperate for growth capital, but banks and investors remain cautious, says Pepperdine Private...
Today US Bancorp (USB) was selected for assistance from the Treasury's new capital injection plan. The company could...
When President Barack Obama signed the Dodd-Frank financial reform bill on July 21, he capped a year-long legislative...
Consider the numbers: $29 billion for the Bear Stearns mess; $700 billion to buy spoiled assets; $200 billion to buy...
When gasoline prices shot over $4 a gallon this summer, Americans didn't wait for Washington to respond with an energy...
New York state's attorney general, Andrew Cuomo, has issued subpoenas to several top Merrill Lynch & Co.
Years before Phil Gramm was a McCain campaign adviser and a lobbyist for a Swiss bank at the center of the housing...
Inside American International Group Inc., executives called the goal "10-cubed." It was shorthand for...
Today, we awaken to discover that like so many wizards of Oz, these supremely confident figures are in reality foolish...
The U.S. Treasury Department has turned down a request by General Motors for up to $10 billion to help finance the...
Calomiris: It's grind-your-favorite-axe day on the network news shows. The financial crisis is all the fault of dreaded...
Stocks surged early Monday as investors rushed to lay bets on a broad economic recovery following the weekend...
The world economy Capitalism at bay Oct 16th 2008 From The Economist print edition What went wrong and, rather more...
A little comic relief from the New Yorker.
On the eve of Detroit's latest date with fate in Washington, the United Auto Workers have surrendered the union's...
Hilarious and timely video on the state of the market, courtesy of Baldwin's appearance on SNL
Peter Schiff discusses Debt & Inflated Housing Prices will cause a recession 2 years ago while Mr.
US has had a great run for last forty years using Dollar as the world currency. PArt is about to get over.
Are we talking about the same thing?
But when we finally catch our collective breath and look back, we'll realize this was never about fat cats.
Traders remain nervous today despite approval from Congress on the final draft of Hank Paulson’s bank rescue bill.
Investors are quickly losing faith in Citigroup (C). Shares of the company, once the largest and mightiest U.S.
Top Sources: Credit Crunch
- online.wsj.com
- Conversation Starter
- Business Pundit
- 247wallst.com
- contrarianprofits.com
- Marginal Revolution
- economist.com
- portfolio.com
- businessinsider.com
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