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 | Voted 
Portugal pays higher rate to raise 1bn euros
Posted by alanwellspun (#1) 307 days ago (http://www.bbc.co.uk)John Hussman: We Are Selling Off Our Children's Future -- Seeking Alpha
Posted by crikey (#1) 1043 days ago (http://seekingalpha.com)
Make no mistake - we are selling off our future and the future of our children to prevent the bondholders of U.S. financial corporations from taking
Kanjorski says US 3 hours from complete economic collapse due to run on money market funds. Fed didn't have enough money to buy toxic assets
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.
Mortgage repayment help and advice offered by FSA
Posted by dandare (#1) 1433 days ago (http://www.sellendowments.com)
Fears that many will be unable to meet repayments or get re mortgaged the FSA will offer mortgage repayment help and advice.
BBC NEWS | Business | Plan to save bond insurer Ambac
Posted by dandare (#1) 1433 days ago (http://news.bbc.co.uk)
Ambac has confirmed a $1.5bn plan to preserve its AAA credit rating
Commentary on Bernanke report on monetary policy, particularly "I don't anticipate stagflation
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 "
Credit crash is a social news site for the credit markets.