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<title>Credit Crash / Published News</title>
<link>http://www.creditcrash.org</link>
<description>Credit crash news  votes</description>
<pubDate>Fri, 09 Oct 2009 03:42:32 EDT</pubDate>
<language>en</language>
<item>
<title><![CDATA[Consumer credit declinel for US households - FT]]></title>
<link>http://www.creditcrash.org/consumer/consumer-credit-declinel-for-us-households---ft-1/</link>
<comments>http://www.creditcrash.org/consumer/consumer-credit-declinel-for-us-households---ft-1/</comments>
<pubDate>Fri, 09 Oct 2009 03:42:32 EDT</pubDate>
<dc:creator>crikey</dc:creator>
<category>consumer</category>
<guid>http://www.creditcrash.org/consumer/consumer-credit-declinel-for-us-households---ft-1/</guid>
<description><![CDATA[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<br/><br/>2 Vote(s) ]]></description>
</item>

<item>
<title><![CDATA[Flow of credit to businesses fell for second consecutive month]]></title>
<link>http://www.creditcrash.org/business/flow-of-credit-to-businesses-fell-for-second-consecutive-month/</link>
<comments>http://www.creditcrash.org/business/flow-of-credit-to-businesses-fell-for-second-consecutive-month/</comments>
<pubDate>Tue, 21 Jul 2009 06:15:32 EDT</pubDate>
<dc:creator>dandare</dc:creator>
<category>business</category>
<guid>http://www.creditcrash.org/business/flow-of-credit-to-businesses-fell-for-second-consecutive-month/</guid>
<description><![CDATA[Bank of England says net lending to business dropped by £3.4bn in May after a drop of £6bn in April.<br/><br/>2 Vote(s) ]]></description>
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<item>
<title><![CDATA[John Hussman: We Are Selling Off Our Children's Future -- Seeking Alpha]]></title>
<link>http://www.creditcrash.org/market/john-hussman-we-are-selling-off-our-childrens-future---seeking-alpha/</link>
<comments>http://www.creditcrash.org/market/john-hussman-we-are-selling-off-our-childrens-future---seeking-alpha/</comments>
<pubDate>Tue, 31 Mar 2009 04:10:19 EDT</pubDate>
<dc:creator>crikey</dc:creator>
<category>market</category>
<guid>http://www.creditcrash.org/market/john-hussman-we-are-selling-off-our-childrens-future---seeking-alpha/</guid>
<description><![CDATA[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 <br/><br/>5 Vote(s) ]]></description>
</item>

<item>
<title><![CDATA[Bank of England may use quantitative easing this week]]></title>
<link>http://www.creditcrash.org/market/bank-of-england-may-use-quantitative-easing-this-week/</link>
<comments>http://www.creditcrash.org/market/bank-of-england-may-use-quantitative-easing-this-week/</comments>
<pubDate>Tue, 03 Mar 2009 06:23:44 EST</pubDate>
<dc:creator>crikey</dc:creator>
<category>market</category>
<guid>http://www.creditcrash.org/market/bank-of-england-may-use-quantitative-easing-this-week/</guid>
<description><![CDATA[Bank of England could start quantitative easing by buying assets with newly created money to boost the money supply and the economy, Chancellor Alist<br/><br/>2 Vote(s) ]]></description>
</item>

<item>
<title><![CDATA[Highland CDO Fund Leaves Investors With Nothing]]></title>
<link>http://www.creditcrash.org/business/highland-cdo-fund-leaves-investors-with-nothing/</link>
<comments>http://www.creditcrash.org/business/highland-cdo-fund-leaves-investors-with-nothing/</comments>
<pubDate>Mon, 23 Feb 2009 14:28:27 EST</pubDate>
<dc:creator>crikey</dc:creator>
<category>business</category>
<guid>http://www.creditcrash.org/business/highland-cdo-fund-leaves-investors-with-nothing/</guid>
<description><![CDATA[Highland Capital Management is closing its third hedge fund in less than five months, with investors in a collateralized debt obligation vehicle losi<br/><br/>3 Vote(s) ]]></description>
</item>

<item>
<title><![CDATA[YouTube - Congressman Explains Hijacking of the US Economy by the Federal Reserve &amp; Treasury]]></title>
<link>http://www.creditcrash.org/market/youtube---congressman-explains-hijacking-of-the-us-economy-by-the-federal-reserve--treasury/</link>
<comments>http://www.creditcrash.org/market/youtube---congressman-explains-hijacking-of-the-us-economy-by-the-federal-reserve--treasury/</comments>
<pubDate>Thu, 12 Feb 2009 06:28:33 EST</pubDate>
<dc:creator>crikey</dc:creator>
<category>market</category>
<guid>http://www.creditcrash.org/market/youtube---congressman-explains-hijacking-of-the-us-economy-by-the-federal-reserve--treasury/</guid>
<description><![CDATA[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<br/><br/>5 Vote(s) ]]></description>
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<item>
<title><![CDATA[Citigroup to cut 50,000 more jobs in Pandit's last gambitBusiness | The Guardian]]></title>
<link>http://www.creditcrash.org/business/citigroup-to-cut-50000-more-jobs-in-pandits-last-gambit----business------the-guardian/</link>
<comments>http://www.creditcrash.org/business/citigroup-to-cut-50000-more-jobs-in-pandits-last-gambit----business------the-guardian/</comments>
<pubDate>Tue, 18 Nov 2008 13:32:39 EST</pubDate>
<dc:creator>crikey</dc:creator>
<category>business</category>
<guid>http://www.creditcrash.org/business/citigroup-to-cut-50000-more-jobs-in-pandits-last-gambit----business------the-guardian/</guid>
<description><![CDATA[CEO tells employees that more than 52,000 of them would lose their jobs, bringing the total for the past year to 75,000<br/><br/>2 Vote(s) ]]></description>
</item>

<item>
<title><![CDATA[Dexia receives a46.4bn capital injection]]></title>
<link>http://www.creditcrash.org/business/dexia-receives-euro6-4bn-capital-injection/</link>
<comments>http://www.creditcrash.org/business/dexia-receives-euro6-4bn-capital-injection/</comments>
<pubDate>Tue, 30 Sep 2008 05:24:23 EDT</pubDate>
<dc:creator>dandare</dc:creator>
<category>business</category>
<guid>http://www.creditcrash.org/business/dexia-receives-euro6-4bn-capital-injection/</guid>
<description><![CDATA[Belgium and France to bail out Dexia, world's biggest lender to local governments<br/><br/>3 Vote(s) ]]></description>
</item>

<item>
<title><![CDATA[Beyond the Fannie, Freddie rescue: Real reform will be difficult - MarketWatch]]></title>
<link>http://www.creditcrash.org/subprime/beyond-the-fannie-freddie-rescue-real-reform-will-be-difficult---marketwatch/</link>
<comments>http://www.creditcrash.org/subprime/beyond-the-fannie-freddie-rescue-real-reform-will-be-difficult---marketwatch/</comments>
<pubDate>Wed, 10 Sep 2008 13:18:06 EDT</pubDate>
<dc:creator>crikey</dc:creator>
<category>subprime</category>
<guid>http://www.creditcrash.org/subprime/beyond-the-fannie-freddie-rescue-real-reform-will-be-difficult---marketwatch/</guid>
<description><![CDATA[The train crash continues in slow motion and will last beyond the election<br/><br/>2 Vote(s) ]]></description>
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<item>
<title><![CDATA[Lehman Sees $3.9 Billion Loss and Plans to Shed Assets - NYTimes.com]]></title>
<link>http://www.creditcrash.org/market/lehman-sees-3-9-billion-loss-and-plans-to-shed-assets---nytimes-com/</link>
<comments>http://www.creditcrash.org/market/lehman-sees-3-9-billion-loss-and-plans-to-shed-assets---nytimes-com/</comments>
<pubDate>Wed, 10 Sep 2008 13:18:06 EDT</pubDate>
<dc:creator>crikey</dc:creator>
<category>market</category>
<guid>http://www.creditcrash.org/market/lehman-sees-3-9-billion-loss-and-plans-to-shed-assets---nytimes-com/</guid>
<description><![CDATA[Expected losses of $3.9 billion, or $5.92 a share, in the third quarter after $5.6 billion in write-downs. Now selling best assets to raise capital.<br/><br/>2 Vote(s) ]]></description>
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<item>
<title><![CDATA[Bank capital and write-downs: Zenoa4s paradox and the subprime crisis]]></title>
<link>http://www.creditcrash.org/business/bank-capital-and-write-downs-zenorsquos-paradox-and-the-subprime-crisis/</link>
<comments>http://www.creditcrash.org/business/bank-capital-and-write-downs-zenorsquos-paradox-and-the-subprime-crisis/</comments>
<pubDate>Wed, 20 Aug 2008 09:04:51 EDT</pubDate>
<dc:creator>alanwellspun</dc:creator>
<category>business</category>
<guid>http://www.creditcrash.org/business/bank-capital-and-write-downs-zenorsquos-paradox-and-the-subprime-crisis/</guid>
<description><![CDATA[All the birds are not yet home to roost and recapitalization is vital.<br/><br/>3 Vote(s) ]]></description>
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<item>
<title><![CDATA[Credit crunch may take out large US bank warns former IMF chief - Times Online]]></title>
<link>http://www.creditcrash.org/business/Credit_crunch_may_take_out_large_US_bank_warns_former_IMF_chief_-_Times_Online/</link>
<comments>http://www.creditcrash.org/business/Credit_crunch_may_take_out_large_US_bank_warns_former_IMF_chief_-_Times_Online/</comments>
<pubDate>Wed, 20 Aug 2008 04:42:59 EDT</pubDate>
<dc:creator>crikey</dc:creator>
<category>business</category>
<guid>http://www.creditcrash.org/business/Credit_crunch_may_take_out_large_US_bank_warns_former_IMF_chief_-_Times_Online/</guid>
<description><![CDATA[Former chief economist of the International Monetary Fund warns that a BIG investment bank is going down.<br/><br/>3 Vote(s) ]]></description>
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<item>
<title><![CDATA[Lehman Posts Loss and Plans to Raise Capital - NYTimes.com]]></title>
<link>http://www.creditcrash.org/business/Lehman_Posts_Loss_and_Plans_to_Raise_Capital_-_NYTimes-com/</link>
<comments>http://www.creditcrash.org/business/Lehman_Posts_Loss_and_Plans_to_Raise_Capital_-_NYTimes-com/</comments>
<pubDate>Tue, 10 Jun 2008 10:58:56 EDT</pubDate>
<dc:creator>crikey</dc:creator>
<category>business</category>
<guid>http://www.creditcrash.org/business/Lehman_Posts_Loss_and_Plans_to_Raise_Capital_-_NYTimes-com/</guid>
<description><![CDATA[Lehman get $6 billion in capital to stay afloat.$2.8 billion lost in the second quarter while hedges, especially commercial mortgage related position<br/><br/>2 Vote(s) ]]></description>
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<title><![CDATA[J.P. Morgan Hit Hard by Credit Crisis - washingtonpost.com]]></title>
<link>http://www.creditcrash.org/business/J-P-_Morgan_Hit_Hard_by_Credit_Crisis_-_washingtonpost-com/</link>
<comments>http://www.creditcrash.org/business/J-P-_Morgan_Hit_Hard_by_Credit_Crisis_-_washingtonpost-com/</comments>
<pubDate>Thu, 17 Apr 2008 04:11:30 EDT</pubDate>
<dc:creator>crikey</dc:creator>
<category>business</category>
<guid>http://www.creditcrash.org/business/J-P-_Morgan_Hit_Hard_by_Credit_Crisis_-_washingtonpost-com/</guid>
<description><![CDATA[For a while it looked like JP Morgan had escaped the worst effects of the credit crash but hat first quarter profit fell by half<br/><br/>3 Vote(s) ]]></description>
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<title><![CDATA[Bear Stearns bailout harks back to panic of 1907 - MarketWatch]]></title>
<link>http://www.creditcrash.org/market/Bear_Stearns_bailout_harks_back_to_panic_of_1907_-_MarketWatch/</link>
<comments>http://www.creditcrash.org/market/Bear_Stearns_bailout_harks_back_to_panic_of_1907_-_MarketWatch/</comments>
<pubDate>Fri, 14 Mar 2008 12:47:25 EDT</pubDate>
<dc:creator>crikey</dc:creator>
<category>market</category>
<guid>http://www.creditcrash.org/market/Bear_Stearns_bailout_harks_back_to_panic_of_1907_-_MarketWatch/</guid>
<description><![CDATA[Title says it all really. Its not just the Fed that cant afford to let Bear Stearns go<br/><br/>2 Vote(s) ]]></description>
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<item>
<title><![CDATA[BBC NEWS | Business | Plan to save bond insurer Ambac]]></title>
<link>http://www.creditcrash.org/business/BBC_NEWS__Business__Plan_to_save_bond_insurer_Ambac/</link>
<comments>http://www.creditcrash.org/business/BBC_NEWS__Business__Plan_to_save_bond_insurer_Ambac/</comments>
<pubDate>Thu, 06 Mar 2008 10:54:27 EST</pubDate>
<dc:creator>dandare</dc:creator>
<category>business</category>
<guid>http://www.creditcrash.org/business/BBC_NEWS__Business__Plan_to_save_bond_insurer_Ambac/</guid>
<description><![CDATA[Ambac has confirmed a $1.5bn plan to preserve its AAA credit rating<br/><br/>4 Vote(s) ]]></description>
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<item>
<title><![CDATA[Mortgage repayment help and advice offered by FSA]]></title>
<link>http://www.creditcrash.org/subprime/Mortgage_repayment_help_and_advice_offered_by_FSA/</link>
<comments>http://www.creditcrash.org/subprime/Mortgage_repayment_help_and_advice_offered_by_FSA/</comments>
<pubDate>Thu, 06 Mar 2008 10:54:27 EST</pubDate>
<dc:creator>dandare</dc:creator>
<category>subprime</category>
<guid>http://www.creditcrash.org/subprime/Mortgage_repayment_help_and_advice_offered_by_FSA/</guid>
<description><![CDATA[Fears that many will be unable to meet repayments or get re mortgaged the FSA will offer mortgage repayment help and advice.<br/><br/>5 Vote(s) ]]></description>
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<title><![CDATA[U.S. economy isn't falling into stagflation, Fed's Bernanke says - MarketWatch]]></title>
<link>http://www.creditcrash.org/market/U-S-_economy_isnt_falling_into_stagflation_Feds_Bernanke_says_-_MarketWatch/</link>
<comments>http://www.creditcrash.org/market/U-S-_economy_isnt_falling_into_stagflation_Feds_Bernanke_says_-_MarketWatch/</comments>
<pubDate>Sat, 01 Mar 2008 05:56:34 EST</pubDate>
<dc:creator>dandare</dc:creator>
<category>market</category>
<guid>http://www.creditcrash.org/market/U-S-_economy_isnt_falling_into_stagflation_Feds_Bernanke_says_-_MarketWatch/</guid>
<description><![CDATA[Commentary on Bernanke report on monetary policy, particularly &quot;I don't anticipate stagflation<br/><br/>4 Vote(s) ]]></description>
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<title><![CDATA[Fed Announces March Auctions]]></title>
<link>http://www.creditcrash.org/market/Fed_Announces_March_Auctions/</link>
<comments>http://www.creditcrash.org/market/Fed_Announces_March_Auctions/</comments>
<pubDate>Sat, 01 Mar 2008 05:56:34 EST</pubDate>
<dc:creator>dandare</dc:creator>
<category>market</category>
<guid>http://www.creditcrash.org/market/Fed_Announces_March_Auctions/</guid>
<description><![CDATA[Announcement that Fed will make $30 billion available to banks with problems due to the credit crisis. Auctions will be continued every two weeks &quot;f<br/><br/>3 Vote(s) ]]></description>
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<title><![CDATA[Citigroup swings to loss on $18.1 billion charge; cuts payout 41%]]></title>
<link>http://www.creditcrash.org/business/Citigroup_swings_to_loss_on_18-1_billion_charge_cuts_payout_41/</link>
<comments>http://www.creditcrash.org/business/Citigroup_swings_to_loss_on_18-1_billion_charge_cuts_payout_41/</comments>
<pubDate>Tue, 15 Jan 2008 08:11:36 EST</pubDate>
<dc:creator>alanwellspun</dc:creator>
<category>business</category>
<guid>http://www.creditcrash.org/business/Citigroup_swings_to_loss_on_18-1_billion_charge_cuts_payout_41/</guid>
<description><![CDATA[Citigroup reports reports its first quarterly loss since 1998. reveals writedowns due to subprime losses of $18.1 billion.CEO Vikram Pandit said &quot;<br/><br/>3 Vote(s) ]]></description>
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<title><![CDATA[BofA inks deal to buy Countrywide for $4 billion]]></title>
<link>http://www.creditcrash.org/business/BofA_inks_deal_to_buy_Countrywide_for_4_billion/</link>
<comments>http://www.creditcrash.org/business/BofA_inks_deal_to_buy_Countrywide_for_4_billion/</comments>
<pubDate>Fri, 11 Jan 2008 08:34:45 EST</pubDate>
<dc:creator>jaydasree</dc:creator>
<category>business</category>
<guid>http://www.creditcrash.org/business/BofA_inks_deal_to_buy_Countrywide_for_4_billion/</guid>
<description><![CDATA[bank of America confirmed it will buy Countrywide for $4 billion in an all-stock transaction.<br/><br/>4 Vote(s) ]]></description>
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<title><![CDATA[Defaults to rise as economy slows]]></title>
<link>http://www.creditcrash.org/business/Defaults_to_rise_as_economy_slows/</link>
<comments>http://www.creditcrash.org/business/Defaults_to_rise_as_economy_slows/</comments>
<pubDate>Thu, 27 Dec 2007 09:43:24 EST</pubDate>
<dc:creator>dandare</dc:creator>
<category>business</category>
<guid>http://www.creditcrash.org/business/Defaults_to_rise_as_economy_slows/</guid>
<description><![CDATA[Largest downgrade of US companies to junk since 2003. Predicts rise in US company bond defaults to 4.7 percent in 2008.<br/><br/>6 Vote(s) ]]></description>
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<title><![CDATA[Fitch may cut ratings on some insured mortgage bonds]]></title>
<link>http://www.creditcrash.org/subprime/Fitch_may_cut_ratings_on_some_insured_mortgage_bonds/</link>
<comments>http://www.creditcrash.org/subprime/Fitch_may_cut_ratings_on_some_insured_mortgage_bonds/</comments>
<pubDate>Thu, 27 Dec 2007 09:43:24 EST</pubDate>
<dc:creator>dandare</dc:creator>
<category>subprime</category>
<guid>http://www.creditcrash.org/subprime/Fitch_may_cut_ratings_on_some_insured_mortgage_bonds/</guid>
<description><![CDATA[Fitch to cut ratings on a number residential mortgage-backed securities insured by MBIA Inc, Ambac Assurance Corp, FGIC Corporation and Security<br/><br/>8 Vote(s) ]]></description>
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<title><![CDATA[GE to buy Merrill Lynch lending unit - washingtonpost.com]]></title>
<link>http://www.creditcrash.org/business/GE_to_buy_Merrill_Lynch_lending_unit_-_washingtonpost-com-1/</link>
<comments>http://www.creditcrash.org/business/GE_to_buy_Merrill_Lynch_lending_unit_-_washingtonpost-com-1/</comments>
<pubDate>Mon, 24 Dec 2007 11:30:17 EST</pubDate>
<dc:creator>alanwellspun</dc:creator>
<category>business</category>
<guid>http://www.creditcrash.org/business/GE_to_buy_Merrill_Lynch_lending_unit_-_washingtonpost-com-1/</guid>
<description><![CDATA[Bargain! Real estate unit not included in the deal GE take corporate finance,equipment,finance,franchise,energy and healthcare finance units.<br/><br/>5 Vote(s) ]]></description>
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<title><![CDATA[Goldman's Blankfein Hits $68 Million Gold Mine]]></title>
<link>http://www.creditcrash.org/business/Goldmans_Blankfein_Hits_68_Million_Gold_Mine/</link>
<comments>http://www.creditcrash.org/business/Goldmans_Blankfein_Hits_68_Million_Gold_Mine/</comments>
<pubDate>Mon, 24 Dec 2007 10:19:49 EST</pubDate>
<dc:creator>jaydasree</dc:creator>
<category>business</category>
<guid>http://www.creditcrash.org/business/Goldmans_Blankfein_Hits_68_Million_Gold_Mine/</guid>
<description><![CDATA[A $68 million bonus, nice work if you can get it.Happy Christmas<br/><br/>6 Vote(s) ]]></description>
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<title><![CDATA[US Federal Reservea4s subprime regulations shield Wall Street banks]]></title>
<link>http://www.creditcrash.org/business/US_Federal_Reserversquos_subprime_regulations_shield_Wall_Street_banks/</link>
<comments>http://www.creditcrash.org/business/US_Federal_Reserversquos_subprime_regulations_shield_Wall_Street_banks/</comments>
<pubDate>Fri, 21 Dec 2007 09:10:42 EST</pubDate>
<dc:creator>alanwellspun</dc:creator>
<category>business</category>
<guid>http://www.creditcrash.org/business/US_Federal_Reserversquos_subprime_regulations_shield_Wall_Street_banks/</guid>
<description><![CDATA[Fed,Congress and agencies didn't regulate mortgage lending since they were &quot;beholden&quot; to the financial elite.<br/><br/>4 Vote(s) ]]></description>
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<item>
<title><![CDATA[Credit Agricole writedown raises fresh Calyon concerns]]></title>
<link>http://www.creditcrash.org/business/Credit_Agricole_writedown_raises_fresh_Calyon_concerns/</link>
<comments>http://www.creditcrash.org/business/Credit_Agricole_writedown_raises_fresh_Calyon_concerns/</comments>
<pubDate>Fri, 21 Dec 2007 08:35:22 EST</pubDate>
<dc:creator>jaydasree</dc:creator>
<category>business</category>
<guid>http://www.creditcrash.org/business/Credit_Agricole_writedown_raises_fresh_Calyon_concerns/</guid>
<description><![CDATA[Credit Agricole admits to $3.59 billion writedown related to super-senior CDO's. Analysts concerned over risk management. Bank said Calyon would<br/><br/>1 Vote(s) ]]></description>
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<title><![CDATA[Bear Stearns Posts $854 Million 4Q Loss On Write Downs]]></title>
<link>http://www.creditcrash.org/business/Bear_Stearns_Posts_854_Million_4Q_Loss_On_Write_Downs/</link>
<comments>http://www.creditcrash.org/business/Bear_Stearns_Posts_854_Million_4Q_Loss_On_Write_Downs/</comments>
<pubDate>Fri, 21 Dec 2007 08:35:22 EST</pubDate>
<dc:creator>jaydasree</dc:creator>
<category>business</category>
<guid>http://www.creditcrash.org/business/Bear_Stearns_Posts_854_Million_4Q_Loss_On_Write_Downs/</guid>
<description><![CDATA[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 o<br/><br/>3 Vote(s) ]]></description>
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<title><![CDATA[US Recession has started says Bill Gross]]></title>
<link>http://www.creditcrash.org/market/US_Recession_has_started_says_Bill_Gross/</link>
<comments>http://www.creditcrash.org/market/US_Recession_has_started_says_Bill_Gross/</comments>
<pubDate>Fri, 21 Dec 2007 08:35:22 EST</pubDate>
<dc:creator>dandare</dc:creator>
<category>market</category>
<guid>http://www.creditcrash.org/market/US_Recession_has_started_says_Bill_Gross/</guid>
<description><![CDATA[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<br/><br/>5 Vote(s) ]]></description>
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<title><![CDATA[Dollar was 2007 subprime casualty, but 2008 might be different - MarketWatch]]></title>
<link>http://www.creditcrash.org/market/Dollar_was_2007_subprime_casualty_but_2008_might_be_different_-_MarketWatch/</link>
<comments>http://www.creditcrash.org/market/Dollar_was_2007_subprime_casualty_but_2008_might_be_different_-_MarketWatch/</comments>
<pubDate>Mon, 17 Dec 2007 06:30:02 EST</pubDate>
<dc:creator>crikey</dc:creator>
<category>market</category>
<guid>http://www.creditcrash.org/market/Dollar_was_2007_subprime_casualty_but_2008_might_be_different_-_MarketWatch/</guid>
<description><![CDATA[Article argues that thers no point in selling dollar short now that &quot;now that much of the explicit costs have already been exposed by the banking<br/><br/>5 Vote(s) ]]></description>
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<item>
<title><![CDATA[Florida mess shows depth of credit crisis]]></title>
<link>http://www.creditcrash.org/subprime/Florida_mess_shows_depth_of_credit_crisis/</link>
<comments>http://www.creditcrash.org/subprime/Florida_mess_shows_depth_of_credit_crisis/</comments>
<pubDate>Mon, 17 Dec 2007 06:18:42 EST</pubDate>
<dc:creator>crikey</dc:creator>
<category>subprime</category>
<guid>http://www.creditcrash.org/subprime/Florida_mess_shows_depth_of_credit_crisis/</guid>
<description><![CDATA[State-run fund makes bad bets on mortgage-related investment choices<br/><br/>3 Vote(s) ]]></description>
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<item>
<title><![CDATA[Wachovia warns of $1.1 billion of credit losses - washingtonpost.com]]></title>
<link>http://www.creditcrash.org/market/Wachovia_warns_of_1-1_billion_of_credit_losses_-_washingtonpost-com/</link>
<comments>http://www.creditcrash.org/market/Wachovia_warns_of_1-1_billion_of_credit_losses_-_washingtonpost-com/</comments>
<pubDate>Fri, 09 Nov 2007 09:43:30 EST</pubDate>
<dc:creator>crikey</dc:creator>
<category>market</category>
<guid>http://www.creditcrash.org/market/Wachovia_warns_of_1-1_billion_of_credit_losses_-_washingtonpost-com/</guid>
<description><![CDATA[Wachovia has announced that it lost $1.1 billion on collateralized debt obligations (CDOs) invested in asset-backed securities in October. The bank s<br/><br/>3 Vote(s) ]]></description>
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<title><![CDATA[International Task Force on the subprime crisis launched]]></title>
<link>http://www.creditcrash.org/market/International_Task_Force_on_the_subprime_crisis_launched/</link>
<comments>http://www.creditcrash.org/market/International_Task_Force_on_the_subprime_crisis_launched/</comments>
<pubDate>Fri, 09 Nov 2007 07:30:06 EST</pubDate>
<dc:creator>crikey</dc:creator>
<category>market</category>
<guid>http://www.creditcrash.org/market/International_Task_Force_on_the_subprime_crisis_launched/</guid>
<description><![CDATA[The International Organization of Securities Commissions has created a Task Force on the subprime crisis to review issues facing securities regulators<br/><br/>3 Vote(s) ]]></description>
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<item>
<title><![CDATA[Citigroup CEO quits, bank may face $11 billion writeoff]]></title>
<link>http://www.creditcrash.org/subprime/Citigroup_CEO_quits_bank_may_face_11_billion_writeoff/</link>
<comments>http://www.creditcrash.org/subprime/Citigroup_CEO_quits_bank_may_face_11_billion_writeoff/</comments>
<pubDate>Mon, 05 Nov 2007 05:11:39 EST</pubDate>
<dc:creator>crikey</dc:creator>
<category>subprime</category>
<guid>http://www.creditcrash.org/subprime/Citigroup_CEO_quits_bank_may_face_11_billion_writeoff/</guid>
<description><![CDATA[Citigroup CEO Charles Prince resigns after Citigroup says it may write down $11 billion of subprime mortgage losses in addition to a $6.5 billion wri<br/><br/>2 Vote(s) ]]></description>
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<item>
<title><![CDATA[Darling to lower 2008 economic forecasts]]></title>
<link>http://www.creditcrash.org/market/Darling_to_lower_2008_economic_forecasts/</link>
<comments>http://www.creditcrash.org/market/Darling_to_lower_2008_economic_forecasts/</comments>
<pubDate>Fri, 05 Oct 2007 06:05:48 EDT</pubDate>
<dc:creator>crikey</dc:creator>
<category>market</category>
<guid>http://www.creditcrash.org/market/Darling_to_lower_2008_economic_forecasts/</guid>
<description><![CDATA[Interview with Chancellor reveals that Treasury downgrades 2008 economic growth forecast from 3.0 percent to 2.5 percent. Darling accepts there will <br/><br/>3 Vote(s) ]]></description>
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<item>
<title><![CDATA[UBS shakes up management after huge write down]]></title>
<link>http://www.creditcrash.org/market/UBS_shakes_up_management_after_huge_write_down/</link>
<comments>http://www.creditcrash.org/market/UBS_shakes_up_management_after_huge_write_down/</comments>
<pubDate>Mon, 01 Oct 2007 05:44:01 EDT</pubDate>
<dc:creator>crikey</dc:creator>
<category>market</category>
<guid>http://www.creditcrash.org/market/UBS_shakes_up_management_after_huge_write_down/</guid>
<description><![CDATA[Huw Jenkins and Clive Standish go after losses mainly attributed to subprime fallout. Marcel Rohner who now takes control said &quot;We will make an over<br/><br/>1 Vote(s) ]]></description>
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<item>
<title><![CDATA[Backlog of US leveraged loans begins to clear]]></title>
<link>http://www.creditcrash.org/market/Backlog_of_US_leveraged_loans_begins_to_clear/</link>
<comments>http://www.creditcrash.org/market/Backlog_of_US_leveraged_loans_begins_to_clear/</comments>
<pubDate>Mon, 01 Oct 2007 05:44:01 EDT</pubDate>
<dc:creator>crikey</dc:creator>
<category>market</category>
<guid>http://www.creditcrash.org/market/Backlog_of_US_leveraged_loans_begins_to_clear/</guid>
<description><![CDATA[Nearly half of the $300bn of backlogged loans are expected to come onto the US market this month although the article warns that said the leveraged f<br/><br/>2 Vote(s) ]]></description>
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<title><![CDATA[The credit crunch of 2007]]></title>
<link>http://www.creditcrash.org/market/The_credit_crunch_of_2007/</link>
<comments>http://www.creditcrash.org/market/The_credit_crunch_of_2007/</comments>
<pubDate>Mon, 01 Oct 2007 05:44:01 EDT</pubDate>
<dc:creator>crikey</dc:creator>
<category>market</category>
<guid>http://www.creditcrash.org/market/The_credit_crunch_of_2007/</guid>
<description><![CDATA[Timeline of the 2007 credit crunch. The beginning of the crisis is shown as q4 2006 with a slowing US housing market, subprime lender bankruptcies an<br/><br/>2 Vote(s) ]]></description>
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<item>
<title><![CDATA[Goldman Sachs tiptoeing into the bear camp]]></title>
<link>http://www.creditcrash.org/market/Goldman_Sachs_tiptoeing_into_the_bear_camp/</link>
<comments>http://www.creditcrash.org/market/Goldman_Sachs_tiptoeing_into_the_bear_camp/</comments>
<pubDate>Fri, 28 Sep 2007 04:56:58 EDT</pubDate>
<dc:creator>crikey</dc:creator>
<category>market</category>
<guid>http://www.creditcrash.org/market/Goldman_Sachs_tiptoeing_into_the_bear_camp/</guid>
<description><![CDATA[Article on latest report from Goldman indicates they no longer believe Asia and Europe strong enough drive global growth as US falters. Likelihood of<br/><br/>2 Vote(s) ]]></description>
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<item>
<title><![CDATA[Greenspan sees less than 50-50 chance of recession]]></title>
<link>http://www.creditcrash.org/market/Greenspan_sees_less_than_50-50_chance_of_recession-1/</link>
<comments>http://www.creditcrash.org/market/Greenspan_sees_less_than_50-50_chance_of_recession-1/</comments>
<pubDate>Fri, 28 Sep 2007 04:56:58 EDT</pubDate>
<dc:creator>crikey</dc:creator>
<category>market</category>
<guid>http://www.creditcrash.org/market/Greenspan_sees_less_than_50-50_chance_of_recession-1/</guid>
<description><![CDATA[Greenspan estimates a 50 - 50 chance of recession and further declines in real estate markets. He also believes asset bubbles are the consequence of <br/><br/>1 Vote(s) ]]></description>
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