CREDIT CRASH
Lehman get $6 billion in capital to stay afloat.$2.8 billion lost in the second quarter while hedges, especially commercial mortgage related positionss, not only failed but added to company losses.
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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