Credit Crash / User / alanwellspun / Voted

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Bank capital and write-downs: Zeno’s paradox and the subprime crisis

Posted by alanwellspun 91 days ago (http://www.voxeu.org)
Category: business | Tags: bank credit market subprime

All the birds are not yet home to roost and recapitalization is vital. read more »
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5
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Mortgage repayment help and advice offered by FSA

Posted by dandare 258 days ago (http://www.sellendowments.com)
Category: subprime | Tags: mortgage credit crash

Fears that many will be unable to meet repayments or get re mortgaged the FSA will offer mortgage repayment help and advice. read more »
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4
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BBC NEWS | Business | Plan to save bond insurer Ambac

Posted by dandare 258 days ago (http://news.bbc.co.uk)
Category: business | Tags: ambac subprime bond insurance

Ambac has confirmed a $1.5bn plan to preserve its AAA credit rating read more »
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4
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U.S. economy isn't falling into stagflation, Fed's Bernanke says - MarketWatch

Posted by dandare 263 days ago (http://www.marketwatch.com)
Category: market | Tags: stagflation credit monetary policy fed

Commentary on Bernanke report on monetary policy, particularly "I don't anticipate stagflation read more »
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3
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Citigroup swings to loss on $18.1 billion charge; cuts payout 41%

Posted by alanwellspun 309 days ago (http://www.marketwatch.com)
Category: business | Tags: citigroup writedowns cdo credit crunch

Citigroup reports reports its first quarterly loss since 1998. reveals writedowns due to subprime losses of $18.1 billion.
CEO Vikram Pandit said " read more »
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4
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BofA inks deal to buy Countrywide for $4 billion

Posted by jaydasree 313 days ago (http://money.cnn.com)
Category: business | Tags: countrywide bank of america mortgage cdo subprime

bank of America confirmed it will buy Countrywide for $4 billion in an all-stock transaction. read more »
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Fitch may cut ratings on some insured mortgage bonds

Posted by dandare 328 days ago (http://uk.reuters.com)
Category: subprime | Tags: subprime mortgage bonds cdo insurance

Fitch to cut ratings on a number residential mortgage-backed securities insured by MBIA Inc, Ambac Assurance Corp, FGIC Corporation and Security read more »
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6
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Defaults to rise as economy slows

Posted by dandare 328 days ago (http://www.philly.com)
Category: business | Tags: default bonds recession moodys junk

Largest downgrade of US companies to junk since 2003. Predicts rise in US company bond defaults to 4.7 percent in 2008. read more »
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alanwellspun / Voted