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<title>Credit Crash / Published News</title>
<link>http://www.creditcrash.org</link>
<description>Pligg Web 2.0 Content Management System  votes</description>
<pubDate>Thu, 17 Apr 2008 04:11:30 EDT</pubDate>
<language>en</language>
<item>
<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></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>
</item>

<item>
<title><![CDATA[Barclays vs. Bear Stearns: Fraud or poor risk assessment? - BloggingStocks]]></title>
<link>http://www.creditcrash.org/business/Barclays_vs-_Bear_Stearns_Fraud_or_poor_risk_assessment_-_BloggingStocks/</link>
<comments>http://www.creditcrash.org/business/Barclays_vs-_Bear_Stearns_Fraud_or_poor_risk_assessment_-_BloggingStocks/</comments>
<pubDate>Thu, 17 Apr 2008 04:11:30 EDT</pubDate>
<dc:creator></dc:creator>
<category>business</category>
<guid>http://www.creditcrash.org/business/Barclays_vs-_Bear_Stearns_Fraud_or_poor_risk_assessment_-_BloggingStocks/</guid>
<description><![CDATA[Accessible article explaining Barclays claim that Bear Stearns covered up losses and tried to use the Everquest IPO to dump dodgy CDO's<br/><br/>5 Vote(s) ]]></description>
</item>

<item>
<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></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>
</item>

<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></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>
</item>

<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></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>
</item>

<item>
<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></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>
</item>

<item>
<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></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>
</item>

<item>
<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></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>
</item>

<item>
<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></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>
</item>

<item>
<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></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>
</item>

<item>
<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></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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<item>
<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></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>
</item>

<item>
<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></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 Reserve’s 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></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>
</item>

<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></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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<item>
<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></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>
</item>

<item>
<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></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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<item>
<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></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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<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></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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<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></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></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></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></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></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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<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></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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<item>
<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></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></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></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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<title><![CDATA[Fed Can Avoid Recession If It's Ready to Move]]></title>
<link>http://www.creditcrash.org/market/Fed_Can_Avoid_Recession_If_Its_Ready_to_Move/</link>
<comments>http://www.creditcrash.org/market/Fed_Can_Avoid_Recession_If_Its_Ready_to_Move/</comments>
<pubDate>Fri, 28 Sep 2007 04:56:58 EDT</pubDate>
<dc:creator></dc:creator>
<category>market</category>
<guid>http://www.creditcrash.org/market/Fed_Can_Avoid_Recession_If_Its_Ready_to_Move/</guid>
<description><![CDATA[Sesit says Fed should be prepared to cut rates further and expand range of collateral it accepts to include asset-backed commercial paper.<br/><br/>1 Vote(s) ]]></description>
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<title><![CDATA[Housing heading to cellar]]></title>
<link>http://www.creditcrash.org/consumer/Housing_heading_to_cellar/</link>
<comments>http://www.creditcrash.org/consumer/Housing_heading_to_cellar/</comments>
<pubDate>Fri, 28 Sep 2007 04:56:58 EDT</pubDate>
<dc:creator></dc:creator>
<category>consumer</category>
<guid>http://www.creditcrash.org/consumer/Housing_heading_to_cellar/</guid>
<description><![CDATA[Article presents number of opinions indicating further falls in real estate prices are likely<br/><br/>1 Vote(s) ]]></description>
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<item>
<title><![CDATA[The Credit Crisis Could Be Just Beginning]]></title>
<link>http://www.creditcrash.org/market/The_Credit_Crisis_Could_Be_Just_Beginning/</link>
<comments>http://www.creditcrash.org/market/The_Credit_Crisis_Could_Be_Just_Beginning/</comments>
<pubDate>Thu, 27 Sep 2007 12:24:30 EDT</pubDate>
<dc:creator></dc:creator>
<category>market</category>
<guid>http://www.creditcrash.org/market/The_Credit_Crisis_Could_Be_Just_Beginning/</guid>
<description><![CDATA[Interview with expert on credit derivative who belives credit crisis has only just begun.Proposes many securitized debt models fundamentally flawed<br/><br/>2 Vote(s) ]]></description>
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<item>
<title><![CDATA[Paulson again downplays credit crisis, expects continued economic growth UPDATE]]></title>
<link>http://www.creditcrash.org/market/Paulson_again_downplays_credit_crisis_expects_continued_economic_growth_UPDATE/</link>
<comments>http://www.creditcrash.org/market/Paulson_again_downplays_credit_crisis_expects_continued_economic_growth_UPDATE/</comments>
<pubDate>Thu, 27 Sep 2007 12:24:30 EDT</pubDate>
<dc:creator></dc:creator>
<category>market</category>
<guid>http://www.creditcrash.org/market/Paulson_again_downplays_credit_crisis_expects_continued_economic_growth_UPDATE/</guid>
<description><![CDATA[Paulson says credit crunch will act as a penalty on growth, but that the US is not headed toward recession. turbulence caused by 'excesses in the cr<br/><br/>2 Vote(s) ]]></description>
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<title><![CDATA[Credit crisis takes steam out of securitization]]></title>
<link>http://www.creditcrash.org/market/Credit_crisis_takes_steam_out_of_securitization-1/</link>
<comments>http://www.creditcrash.org/market/Credit_crisis_takes_steam_out_of_securitization-1/</comments>
<pubDate>Thu, 27 Sep 2007 12:24:30 EDT</pubDate>
<dc:creator></dc:creator>
<category>market</category>
<guid>http://www.creditcrash.org/market/Credit_crisis_takes_steam_out_of_securitization-1/</guid>
<description><![CDATA[Safety and quality of securitized debt called into question. Analysts warn that exotic financial instruments may have a limited lifespan.<br/><br/>1 Vote(s) ]]></description>
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<title><![CDATA[Credit Suisse Will Eliminate 150 Jobs - WSJ.com]]></title>
<link>http://www.creditcrash.org/subprime/Credit_Suisse_Will_Eliminate_150_Jobs_-_WSJ-com/</link>
<comments>http://www.creditcrash.org/subprime/Credit_Suisse_Will_Eliminate_150_Jobs_-_WSJ-com/</comments>
<pubDate>Thu, 27 Sep 2007 12:24:30 EDT</pubDate>
<dc:creator></dc:creator>
<category>subprime</category>
<guid>http://www.creditcrash.org/subprime/Credit_Suisse_Will_Eliminate_150_Jobs_-_WSJ-com/</guid>
<description><![CDATA[Credit Suisse and UBS cut jobs due to subprime losses. Jobs to go mainly in mortgage backed securities business.<br/><br/>2 Vote(s) ]]></description>
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<title><![CDATA[Credit rating firms face scrutiny of lawmakers]]></title>
<link>http://www.creditcrash.org/subprime/Credit_rating_firms_face_scrutiny_of_lawmakers/</link>
<comments>http://www.creditcrash.org/subprime/Credit_rating_firms_face_scrutiny_of_lawmakers/</comments>
<pubDate>Thu, 27 Sep 2007 12:24:30 EDT</pubDate>
<dc:creator></dc:creator>
<category>subprime</category>
<guid>http://www.creditcrash.org/subprime/Credit_rating_firms_face_scrutiny_of_lawmakers/</guid>
<description><![CDATA[Senate panel probes role of Moody's, S&amp;P in mortgage crisis; execs concede mistakes, promise improvement.<br/><br/>2 Vote(s) ]]></description>
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<title><![CDATA[Only £4.4m left to protect UK's bank deposits]]></title>
<link>http://www.creditcrash.org/market/Only_%A34-4m_left_to_protect_UKs_bank_deposits-1/</link>
<comments>http://www.creditcrash.org/market/Only_%A34-4m_left_to_protect_UKs_bank_deposits-1/</comments>
<pubDate>Thu, 27 Sep 2007 12:24:30 EDT</pubDate>
<dc:creator></dc:creator>
<category>market</category>
<guid>http://www.creditcrash.org/market/Only_%A34-4m_left_to_protect_UKs_bank_deposits-1/</guid>
<description><![CDATA[UK deposit protection scheme run down by payouts to failed credit union depositors.Consumers face price rises to pay for £100000 guarantee.<br/><br/>2 Vote(s) ]]></description>
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<title><![CDATA[Bear Stearns hit by credit crisis]]></title>
<link>http://www.creditcrash.org/subprime/Bear_Stearns_hit_by_credit_crisis/</link>
<comments>http://www.creditcrash.org/subprime/Bear_Stearns_hit_by_credit_crisis/</comments>
<pubDate>Thu, 27 Sep 2007 12:24:30 EDT</pubDate>
<dc:creator></dc:creator>
<category>subprime</category>
<guid>http://www.creditcrash.org/subprime/Bear_Stearns_hit_by_credit_crisis/</guid>
<description><![CDATA[Bear Stearns' profits down due to exposure to subprime mortgages debt trading disruption.Two sub-prime hedge funds to be written off.<br/><br/>2 Vote(s) ]]></description>
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<title><![CDATA[Northern Rock shares plunge again as customers queue for cash]]></title>
<link>http://www.creditcrash.org/subprime/Northern_Rock_shares_plunge_again_as_customers_queue_for_cash/</link>
<comments>http://www.creditcrash.org/subprime/Northern_Rock_shares_plunge_again_as_customers_queue_for_cash/</comments>
<pubDate>Thu, 27 Sep 2007 12:24:30 EDT</pubDate>
<dc:creator></dc:creator>
<category>subprime</category>
<guid>http://www.creditcrash.org/subprime/Northern_Rock_shares_plunge_again_as_customers_queue_for_cash/</guid>
<description><![CDATA[Run on Northern Rock intensifies despite reassurances.First run on a UK Bank in 150 years<br/><br/>1 Vote(s) ]]></description>
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<title><![CDATA[BHP Billiton not worried about credit crunch impacting commodities]]></title>
<link>http://www.creditcrash.org/business/BHP_Billiton_not_worried_about_credit_crunch_impacting_commodities/</link>
<comments>http://www.creditcrash.org/business/BHP_Billiton_not_worried_about_credit_crunch_impacting_commodities/</comments>
<pubDate>Thu, 27 Sep 2007 12:24:30 EDT</pubDate>
<dc:creator></dc:creator>
<category>business</category>
<guid>http://www.creditcrash.org/business/BHP_Billiton_not_worried_about_credit_crunch_impacting_commodities/</guid>
<description><![CDATA[In BHP Billiton's latest Preliminary Financial Results, they say they're not concerned about the impact of credit market worries on raw materials<br/><br/>1 Vote(s) ]]></description>
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<title><![CDATA[The credit strike on Wall Street is over - MarketWatch]]></title>
<link>http://www.creditcrash.org/market/The_credit_strike_on_Wall_Street_is_over_-_MarketWatch/</link>
<comments>http://www.creditcrash.org/market/The_credit_strike_on_Wall_Street_is_over_-_MarketWatch/</comments>
<pubDate>Thu, 27 Sep 2007 12:24:30 EDT</pubDate>
<dc:creator></dc:creator>
<category>market</category>
<guid>http://www.creditcrash.org/market/The_credit_strike_on_Wall_Street_is_over_-_MarketWatch/</guid>
<description><![CDATA[Agreement reprices risk and allows credit to flow again<br/><br/>1 Vote(s) ]]></description>
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