Title says it all really. Its not just the Fed that cant afford to let Bear Stearns go
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Commentary on Bernanke report on monetary policy, particularly "I don't anticipate stagflation
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Announcement that Fed will make $30 billion available to banks with problems due to the credit crisis. Auctions will be continued every two weeks "f
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In an interview for the FT, PIMCO's Bill Gross said the US recession has started, interest rates would have to come down to 3 percent next year
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Article argues that thers no point in selling dollar short now that "now that much of the explicit costs have already been exposed by the banking
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Wachovia has announced that it lost $1.1 billion on collateralized debt obligations (CDOs) invested in asset-backed securities in October. The bank s
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The International Organization of Securities Commissions has created a Task Force on the subprime crisis to review issues facing securities regulators
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Interview with Chancellor reveals that Treasury downgrades 2008 economic growth forecast from 3.0 percent to 2.5 percent. Darling accepts there will
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Credit crash is a social news site for the credit markets
Nothing surprising here, plenty more losses to come for financials....Ambac covers $556bn in municipal and asset-backed securities, hardly...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...