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RSSTag : credit_crisis (158)
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The Same Old Song »
Posted by: Beau7890 10 months, 3 weeks ago in Political News
What's up with the Republicans? Have they no sense that their policies have sent the country hurtling down the road to ruin? Are they ...
(read more)Read (614) | Share | Discuss (47) | Read Full Story at nytimes.com
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Banking on the Brink »
Posted by: Beau7890 9 months, 3 weeks ago in Business & Finance
Comrade Greenspan wants us to seize the economy’s commanding heights.
(read more)
O.K., not exactly. What Alan Greenspan, the former Federal Reserve chairman — and a ...Read (323) | Share | Discuss (41) | Read Full Story at nytimes.com
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In Letter, Buffett Accepts Blame and Faults Others »
Posted by: Beau7890 9 months, 3 weeks ago in Business & Finance
The renowned investor Warren E. Buffett chided himself and the business world at large in his annual letter to shareholders of his holding company on ...
(read more)Read (239) | Share | Discuss (0) | Read Full Story at nytimes.com
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The Worst Predictions About 2008 »
Posted by: _kam0_ 11 months, 2 weeks ago in Business & Finance
Just about everybody (except me) got wrong-footed by 2008, but some people's mistakes were truly spectacular
(read more)Read (394) | Share | Discuss (0) | Read Full Story at businessweek.com
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WaMu becomes biggest bank to fail in US history »
Posted by: engineer 1 year, 2 months ago in Business & Finance
The Federal Deposit Insurance Corp . seized WaMu on Thursday, and then sold the thrift's banking assets to JPMorgan Chase & Co . for $1.9 billion.
(read more)Read (1145) | Share | Discuss (2) | Read Full Story at news.yahoo.com
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Central Banks Slashing Rates As Investors Flee »
Posted by: Beau7890 1 year, 1 month ago in Business & Finance
Central banks around the world are moving to further slash interest rates as they seek to contain the damage from the bursting of the biggest ...
(read more)Read (308) | Share | Discuss (2) | Read Full Story at washingtonpost.com
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Nationalisation is most likely way out of US banking mess »
Posted by: DoseASpinoza 9 months, 3 weeks ago in News
The game is up: within the next few weeks, if not days, the US government will have to step in and nationalise one or more ...
(read more)Read (43) | Share | Discuss (0) | Read Full Story at news.yahoo.com
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Banks Refusing To Take Back Foreclosed Properties : NPR »
Posted by: DoseASpinoza 9 months, 2 weeks ago in News
In some parts of the country, simply walking away isn't so simple — especially if the bank doesn't want your house.
(read more)Read (50) | Share | Discuss (0) | Read Full Story at npr.org
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The Woman Greenspan Silenced »
Posted by: _kam0_ 1 year, 2 months ago in Business & Finance
More than a decade ago, a woman you're likely never to have heard of, Brooksley Born, head of the Commodity Futures Trading Commission-- a ...
(read more)Read (526) | Share | Discuss (2) | Read Full Story at thenation.com
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$700 billion, what a joke, we need to give them $5 trillion! »
Posted by: _kam0_ 1 year, 2 months ago in Business & Finance
Treasury Secretary Henry "Hank" Paulson's $700 billion plan to buy devalued assets from financial companies is "a joke'' because it doesn't go far ...
(read more)Read (762) | Share | Discuss (7) | Read Full Story at bloomberg.com
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America's $53 trillion debt problem »
Posted by: _kam0_ 1 year, 1 month ago in Business & Finance
The Emergency Economic Stabilization Act contains plenty to make lawmakers on the left and right shudder. On the right, it's the apparent abandonment of ...
(read more)Read (257) | Share | Discuss (3) | Read Full Story at cnn.com
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Wake Up America - Home Prices ARE Falling »
Posted by: _kam0_ 1 year, 1 month ago in Business & Finance
Am I not doing my job? Or is nobody listening? How is it possible, in the midst of the worst credit crisis in history, which ...
(read more)Read (297) | Share | Discuss (1) | Read Full Story at cnbc.com
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A Wall Street Bailout Wouldn't Help Anyone But Rich Investors »
Posted by: _kam0_ 1 year, 2 months ago in Political News
The free market didn't work. People bought when they should have sold, and they need to get spanked. Author Thomas Frank explains why.
(read more)Read (416) | Share | Discuss (3) | Read Full Story at alternet.org
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Bankers vs. Economists »
Posted by: bowsnumba1 8 months ago in Business & Finance
Which profession bears more blame for the global credit meltdown and its ensuing gazillion-dollar bailouts: bankers or economists? This isn't a trick question.
(read more)Read (27) | Share | Discuss (0) | Read Full Story at newsweek.com
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Market News Live: Video - Geithner: Toxic asset plan almost done »
Posted by: SNance 9 months, 1 week ago in News
Treasury Secretary Timothy Geithner tells Charlie Rose in an interview that the toxic asset plan will provide low-cost government financing to private investors willing to ...
(read more)Read (22) | Share | Discuss (0) | Read Full Story at marketnewslive.blogspot.com
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