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 | Published 
Portugal pays higher rate to raise 1bn euros
Posted by alanwellspun (#1) 305 days ago (http://www.bbc.co.uk)Bank capital and write-downs: Zeno’s paradox and the subprime crisis
Posted by alanwellspun (#1) 1264 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) 1482 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) 1504 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.
US Federal Reserve’s subprime regulations shield Wall Street banks
Posted by alanwellspun (#1) 1507 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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