CREDIT CRASH
Bear Stearns posts first quarterly loss in its 84-year history. $1.9 billion write down of mortgage assets and reveals traders made many bad trades on interest-rate products, equity options and currencies.
Discuss Add this link to... Bury
Discuss Add this link to... Bury
Credit crash is a social news site for the credit markets
I always check credit ratings before I make a decision...
This won't tackle the lack of deals or reluctance of lenders to refinance...
At least Bernanke was clear about what they believed - even if they're...
Fed sees more risk to the downside BUT doesn't realize that there's enough...
Writedowns are MORE than $18 billion. In the release they reveal U.S....
Dont see how they were all owned by the "elites", anyway dont...
Don't worry still plenty more costs to be "exposed", fallout is...
@crikey Nobody wants your parcels
@jaydasree OK so no pies for...
@jaydasree OK so no pies for...
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