Credit Crash / User / crikey / Submitted

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Citigroup to cut 50,000 more jobs in Pandit's last gambit Business | The Guardian

Posted by crikey 49 days ago (http://www.guardian.co.uk)
Category: business | Tags: citigroup unemployment credit crunch

CEO tells employees that more than 52,000 of them would lose their jobs, bringing the total for the past year to 75,000 read more »
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Lehman Sees $3.9 Billion Loss and Plans to Shed Assets - NYTimes.com

Posted by crikey 118 days ago (http://www.nytimes.com)
Category: market | Tags: lehman credit

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. read more »
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Beyond the Fannie, Freddie rescue: Real reform will be difficult - MarketWatch

Posted by crikey 118 days ago (http://www.marketwatch.com)
Category: subprime | Tags: fannie freddie subprime gse

The train crash continues in slow motion and will last beyond the election read more »
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Credit crunch may take out large US bank warns former IMF chief - Times Online

Posted by crikey 140 days ago (http://business.timesonline.co.uk)
Category: business | Tags: credit crunch imf bank

Former chief economist of the International Monetary Fund warns that a BIG investment bank is going down. read more »
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Lehman Posts Loss and Plans to Raise Capital - NYTimes.com

Posted by crikey 210 days ago (http://www.nytimes.com)
Category: business | Tags: lehman bros credit crunch hedge

Lehman get $6 billion in capital to stay afloat.$2.8 billion lost in the second quarter while hedges, especially commercial mortgage related position read more »
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J.P. Morgan Hit Hard by Credit Crisis - washingtonpost.com

Posted by crikey 265 days ago (http://www.washingtonpost.com)
Category: business | Tags: credit subprime

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 read more »
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Bear Stearns bailout harks back to panic of 1907 - MarketWatch

Posted by crikey 298 days ago (http://www.marketwatch.com)
Category: market | Tags: bear stearns fed jp morgan credit crunch

Title says it all really. Its not just the Fed that cant afford to let Bear Stearns go read more »
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Dollar was 2007 subprime casualty, but 2008 might be different - MarketWatch

Posted by crikey 387 days ago (http://www.marketwatch.com)
Category: market | Tags: dollar subprime currency

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 read more »
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CREDIT CRASH

crikey / Submitted