Federal Reserve data shows there's no revival in the flow of credit to US consumers. In fact the opposite is true and the decline in consumer credit read more »
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Bank of England says net lending to business dropped by £3.4bn in May after a drop of £6bn in April. read more »
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Make no mistake - we are selling off our future and the future of our children to prevent the bondholders of U.S. financial corporations from taking read more »
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Bank of England could start quantitative easing by buying assets with newly created money to boost the money supply and the economy, Chancellor Alist read more »
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Highland Capital Management is closing its third hedge fund in less than five months, with investors in a collateralized debt obligation vehicle losi read more »
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Kanjorski says US 3 hours from complete economic collapse due to run on money market funds. Fed didn't have enough money to buy toxic assets read more »
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CEO tells employees that more than 52,000 of them would lose their jobs, bringing the total for the past year to 75,000 read more »
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Belgium and France to bail out Dexia, world’s biggest lender to local governments read more »
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