http://www.creditcrash.org News on credit markets,loans,mortgages,derivatives and interest rates Wed, 26 Jan 2011 13:19:56 -0500 en http://www.creditcrash.org/market/sterling-struggles-to-shake-off-gdp-shock/
The minutes also noted that the pattern of subdued money and credit growth in the UK may reflect:
"a reduced reliance on the banking system during the recovery, given the tightening in bank credit conditions. This trend might persist if businesses were to rely increasingly on existing cash balances and capital markets, rather than bank lending, to finance investment in future. The relative weakness of broad money growth might also reflect banks increasing their capital bases in advance of the introduction of higher regulatory capital standards. To the extent that these factors persisted, money and credit growth could remain weaker than nominal spending growth for some while." ]]> Wed, 26 Jan 2011 13:19:56 -0500 crikey market 4 http://www.creditcrash.org/market/sterling-struggles-to-shake-off-gdp-shock/ http://www.creditcrash.org/market/fat-finger-error-spooks-treasuries/ Wed, 19 Jan 2011 15:46:32 -0500 crikey market 1 http://www.creditcrash.org/market/fat-finger-error-spooks-treasuries/ http://www.creditcrash.org/consumer/consumer-credit-declinel-for-us-households---ft-1/ Fri, 09 Oct 2009 01:42:32 -0400 crikey consumer 2 http://www.creditcrash.org/consumer/consumer-credit-declinel-for-us-households---ft-1/ http://www.creditcrash.org/market/john-hussman-we-are-selling-off-our-childrens-future---seeking-alpha/ Tue, 31 Mar 2009 02:10:19 -0400 crikey market 5 http://www.creditcrash.org/market/john-hussman-we-are-selling-off-our-childrens-future---seeking-alpha/ http://www.creditcrash.org/market/bank-of-england-may-use-quantitative-easing-this-week/ Tue, 03 Mar 2009 08:23:44 -0500 crikey market 2 http://www.creditcrash.org/market/bank-of-england-may-use-quantitative-easing-this-week/ http://www.creditcrash.org/business/highland-cdo-fund-leaves-investors-with-nothing/ Mon, 23 Feb 2009 14:28:27 -0500 crikey business 3 http://www.creditcrash.org/business/highland-cdo-fund-leaves-investors-with-nothing/ http://www.creditcrash.org/market/youtube---congressman-explains-hijacking-of-the-us-economy-by-the-federal-reserve--treasury/ Thu, 12 Feb 2009 06:28:33 -0500 crikey market 5 http://www.creditcrash.org/market/youtube---congressman-explains-hijacking-of-the-us-economy-by-the-federal-reserve--treasury/ http://www.creditcrash.org/business/citigroup-to-cut-50000-more-jobs-in-pandits-last-gambit----business------the-guardian/ Tue, 18 Nov 2008 13:32:39 -0500 crikey business 2 http://www.creditcrash.org/business/citigroup-to-cut-50000-more-jobs-in-pandits-last-gambit----business------the-guardian/ http://www.creditcrash.org/subprime/beyond-the-fannie-freddie-rescue-real-reform-will-be-difficult---marketwatch/ Wed, 10 Sep 2008 11:18:06 -0400 crikey subprime 2 http://www.creditcrash.org/subprime/beyond-the-fannie-freddie-rescue-real-reform-will-be-difficult---marketwatch/ http://www.creditcrash.org/market/lehman-sees-3-9-billion-loss-and-plans-to-shed-assets---nytimes-com/ Wed, 10 Sep 2008 11:18:06 -0400 crikey market 2 http://www.creditcrash.org/market/lehman-sees-3-9-billion-loss-and-plans-to-shed-assets---nytimes-com/ http://www.creditcrash.org/business/Credit_crunch_may_take_out_large_US_bank_warns_former_IMF_chief_-_Times_Online/ Wed, 20 Aug 2008 02:42:59 -0400 crikey business 3 http://www.creditcrash.org/business/Credit_crunch_may_take_out_large_US_bank_warns_former_IMF_chief_-_Times_Online/ http://www.creditcrash.org/business/Lehman_Posts_Loss_and_Plans_to_Raise_Capital_-_NYTimes-com/ Tue, 10 Jun 2008 08:58:56 -0400 crikey business 2 http://www.creditcrash.org/business/Lehman_Posts_Loss_and_Plans_to_Raise_Capital_-_NYTimes-com/ http://www.creditcrash.org/business/J-P-_Morgan_Hit_Hard_by_Credit_Crisis_-_washingtonpost-com/ Thu, 17 Apr 2008 02:11:30 -0400 crikey business 3 http://www.creditcrash.org/business/J-P-_Morgan_Hit_Hard_by_Credit_Crisis_-_washingtonpost-com/ http://www.creditcrash.org/market/Bear_Stearns_bailout_harks_back_to_panic_of_1907_-_MarketWatch/ Fri, 14 Mar 2008 10:47:25 -0400 crikey market 2 http://www.creditcrash.org/market/Bear_Stearns_bailout_harks_back_to_panic_of_1907_-_MarketWatch/ http://www.creditcrash.org/market/Dollar_was_2007_subprime_casualty_but_2008_might_be_different_-_MarketWatch/
Predicts that as US problems spread globally, relative dollar appeal increases. Forecasts for 2008 include rates at $1.30 against euro, $1.90 sterling and 120 yen. ]]> Mon, 17 Dec 2007 06:30:02 -0500 crikey market 5 http://www.creditcrash.org/market/Dollar_was_2007_subprime_casualty_but_2008_might_be_different_-_MarketWatch/ http://www.creditcrash.org/subprime/Florida_mess_shows_depth_of_credit_crisis/ Mon, 17 Dec 2007 06:18:42 -0500 crikey subprime 3 http://www.creditcrash.org/subprime/Florida_mess_shows_depth_of_credit_crisis/ http://www.creditcrash.org/market/Wachovia_warns_of_1-1_billion_of_credit_losses_-_washingtonpost-com/ Fri, 09 Nov 2007 09:43:30 -0500 crikey market 3 http://www.creditcrash.org/market/Wachovia_warns_of_1-1_billion_of_credit_losses_-_washingtonpost-com/ http://www.creditcrash.org/market/International_Task_Force_on_the_subprime_crisis_launched/
“The recent events in the credit markets have demonstrated how closely linked the world’s financial centres are and that the issues facing securities regulators can no longer simply be viewed in a national context. This reinforces the need for regulators to develop and implement international principles of regulation.” said Chairman of IOSCO’s Technical Committee ]]> Fri, 09 Nov 2007 07:30:06 -0500 crikey market 3 http://www.creditcrash.org/market/International_Task_Force_on_the_subprime_crisis_launched/ http://www.creditcrash.org/subprime/Citigroup_CEO_quits_bank_may_face_11_billion_writeoff/
The bank expected that its $55 billion of exposure to U.S. subprime mortgages would cost $5 billion to $7 billion in profit after tax ]]> Mon, 05 Nov 2007 05:11:39 -0500 crikey subprime 2 http://www.creditcrash.org/subprime/Citigroup_CEO_quits_bank_may_face_11_billion_writeoff/ http://www.creditcrash.org/market/Darling_to_lower_2008_economic_forecasts/ Fri, 05 Oct 2007 04:05:48 -0400 crikey market 3 http://www.creditcrash.org/market/Darling_to_lower_2008_economic_forecasts/ http://www.creditcrash.org/market/The_credit_crunch_of_2007/ Mon, 01 Oct 2007 03:44:01 -0400 crikey market 2 http://www.creditcrash.org/market/The_credit_crunch_of_2007/ http://www.creditcrash.org/market/Backlog_of_US_leveraged_loans_begins_to_clear/ Mon, 01 Oct 2007 03:44:01 -0400 crikey market 2 http://www.creditcrash.org/market/Backlog_of_US_leveraged_loans_begins_to_clear/ http://www.creditcrash.org/market/UBS_shakes_up_management_after_huge_write_down/ Mon, 01 Oct 2007 03:44:01 -0400 crikey market 1 http://www.creditcrash.org/market/UBS_shakes_up_management_after_huge_write_down/ http://www.creditcrash.org/consumer/Housing_heading_to_cellar/ Fri, 28 Sep 2007 02:56:58 -0400 crikey consumer 1 http://www.creditcrash.org/consumer/Housing_heading_to_cellar/ http://www.creditcrash.org/market/Fed_Can_Avoid_Recession_If_Its_Ready_to_Move/ Fri, 28 Sep 2007 02:56:58 -0400 crikey market 1 http://www.creditcrash.org/market/Fed_Can_Avoid_Recession_If_Its_Ready_to_Move/ http://www.creditcrash.org/market/Greenspan_sees_less_than_50-50_chance_of_recession-1/ Fri, 28 Sep 2007 02:56:58 -0400 crikey market 1 http://www.creditcrash.org/market/Greenspan_sees_less_than_50-50_chance_of_recession-1/ http://www.creditcrash.org/market/Goldman_Sachs_tiptoeing_into_the_bear_camp/ Fri, 28 Sep 2007 02:56:58 -0400 crikey market 2 http://www.creditcrash.org/market/Goldman_Sachs_tiptoeing_into_the_bear_camp/ http://www.creditcrash.org/business/BHP_Billiton_not_worried_about_credit_crunch_impacting_commodities/ Thu, 27 Sep 2007 10:24:30 -0400 crikey business 1 http://www.creditcrash.org/business/BHP_Billiton_not_worried_about_credit_crunch_impacting_commodities/ http://www.creditcrash.org/subprime/Northern_Rock_shares_plunge_again_as_customers_queue_for_cash/ Thu, 27 Sep 2007 10:24:30 -0400 crikey subprime 1 http://www.creditcrash.org/subprime/Northern_Rock_shares_plunge_again_as_customers_queue_for_cash/ http://www.creditcrash.org/market/Credit_crisis_takes_steam_out_of_securitization-1/ Thu, 27 Sep 2007 10:24:30 -0400 crikey market 1 http://www.creditcrash.org/market/Credit_crisis_takes_steam_out_of_securitization-1/ http://www.creditcrash.org/subprime/Bear_Stearns_hit_by_credit_crisis/ Thu, 27 Sep 2007 10:24:30 -0400 crikey subprime 2 http://www.creditcrash.org/subprime/Bear_Stearns_hit_by_credit_crisis/ http://www.creditcrash.org/market/Paulson_again_downplays_credit_crisis_expects_continued_economic_growth_UPDATE/ Thu, 27 Sep 2007 10:24:30 -0400 crikey market 2 http://www.creditcrash.org/market/Paulson_again_downplays_credit_crisis_expects_continued_economic_growth_UPDATE/ http://www.creditcrash.org/market/The_Credit_Crisis_Could_Be_Just_Beginning/ Thu, 27 Sep 2007 10:24:30 -0400 crikey market 2 http://www.creditcrash.org/market/The_Credit_Crisis_Could_Be_Just_Beginning/ http://www.creditcrash.org/market/Only_£4-4m_left_to_protect_UKs_bank_deposits-1/ Thu, 27 Sep 2007 10:24:30 -0400 crikey market 2 http://www.creditcrash.org/market/Only_£4-4m_left_to_protect_UKs_bank_deposits-1/ http://www.creditcrash.org/subprime/Credit_rating_firms_face_scrutiny_of_lawmakers/ Thu, 27 Sep 2007 10:24:30 -0400 crikey subprime 2 http://www.creditcrash.org/subprime/Credit_rating_firms_face_scrutiny_of_lawmakers/ http://www.creditcrash.org/market/The_credit_strike_on_Wall_Street_is_over_-_MarketWatch/ Thu, 27 Sep 2007 10:24:30 -0400 crikey market 1 http://www.creditcrash.org/market/The_credit_strike_on_Wall_Street_is_over_-_MarketWatch/ http://www.creditcrash.org/subprime/Credit_Suisse_Will_Eliminate_150_Jobs_-_WSJ-com/ Thu, 27 Sep 2007 10:24:30 -0400 crikey subprime 2 http://www.creditcrash.org/subprime/Credit_Suisse_Will_Eliminate_150_Jobs_-_WSJ-com/