Portugal manages to raise 1bn euros but forced to pay more than Ireland was before the bailout. They're paying yields of 5.1% and 5.9% to borrow money for six and 12 months.
alanwellspun | Submitted 
Portugal pays higher rate to raise 1bn euros
Posted by alanwellspun (#1) 307 days ago (http://www.bbc.co.uk)Bank capital and write-downs: Zeno’s paradox and the subprime crisis
Posted by alanwellspun (#1) 1266 days ago (http://www.voxeu.org)
All the birds are not yet home to roost and recapitalization is vital.
Citigroup swings to loss on $18.1 billion charge; cuts payout 41%
Posted by alanwellspun (#1) 1484 days ago (http://www.marketwatch.com)
Citigroup reports reports its first quarterly loss since 1998. reveals writedowns due to subprime losses of $18.1 billion.
CEO Vikram Pandit said "
CEO Vikram Pandit said "
GE to buy Merrill Lynch lending unit - washingtonpost.com
Posted by alanwellspun (#1) 1506 days ago (http://www.washingtonpost.com)
Bargain! Real estate unit not included in the deal GE take corporate finance,equipment,finance,franchise,energy and healthcare finance units.
Accessible article explaining Barclays claim that Bear Stearns covered up losses and tried to use the Everquest IPO to dump dodgy CDO's
US Federal Reserve’s subprime regulations shield Wall Street banks
Posted by alanwellspun (#1) 1509 days ago (http://www.wsws.org)
Fed,Congress and agencies didn't regulate mortgage lending since they were "beholden" to the financial elite.
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