September 2008 - Around The Web

Syndication

Archive List

Mr. Mortgage: CA Association of Realtors Needs a Math Class…Perhaps Ethics as Well

Published Mon, Sep 29 2008 1:25 PM by ml-implode.com

``Yes, there was an increase year over year from August 2007 to 2008, which could be viewed as encouraging. However, the number of ‘organic’ sales in August 2008 were only 21,172, as foreclosure-related sales made up 46.9% of the total sales. In August...
Fed Increases Dollar Swap Facilities by $330 Billion, More than Double

Published Mon, Sep 29 2008 1:09 PM by feeds.feedburner.com

The numbers attached to various emergency interventions just keep getting bigger and bigger. From : The Federal Reserve increased the size of previously arranged currency swaps with foreign central banks to $620 billion from $290 billion to make more...
Treasury Money Market Guarantee Finally Launched

Published Mon, Sep 29 2008 1:09 PM by feeds.feedburner.com

We had grumbled last week that the Treasury had left its money market guarnatee program in the never-never land of "we'll get back to you with details. The program is now in effect on a short-term basis. One hang up with any program of this sort...
Citigroup aquiring Wachovia banking assets

Published Mon, Sep 29 2008 8:37 AM by www.charlotteobserver.com

The Federal Deposit Insurance Corp. this morning said Citigroup Inc. will acquire the banking operations of Wachovia Corp. in a transaction facilitated by the FDIC.
Final Push To Kill The Bailout Monstrosity

Published Mon, Sep 29 2008 8:29 AM by feeds.feedburner.com

House Speaker Nancy Pelosi and Financial Services Committee Chairman Barney Frank are the biggest cheerleaders for a Republican administration sponsored $700 billion giveaway. Both have caved in to administration whims so disgusting that most Republicans...
The Biggest Money Grab in History

Published Mon, Sep 29 2008 8:28 AM by Seeking Alpha

submits: Jaws must be rolling over in his watery grave. Congress is about to work out a "deal" with the Great Whites of Wall Street's Sea of Dreams - and hand our toothy marauders their biggest "rags to riches" gift ever. Just...
Fed & Treasury Needs to Stop Targetting Asset Prices

Published Mon, Sep 29 2008 8:28 AM by feedproxy.google.com

The 110-page has been written, and is going to Congress today. Market reaction has not been favorable. As of 5:53am, Dow Futures are off 200, and Europe is trading 3% lower. All of this points to an issue that I have yet to hear addressed directly: Targeting...
Nouriel Roubini Really, Really Hates the Bailout Plan

Published Mon, Sep 29 2008 8:28 AM by feeds.feedburner.com

Did we say really? Even by the normal standards of Roubini's tendency to hyperventilate state his case forcefully, the good professor rises to levels of choler heretofore unseen. Roubini focuses on many of the issues we have discussed in our earlier...
Economy worsening, small business survey says

Published Mon, Sep 29 2008 7:45 AM by Reuters

CHICAGO (Reuters) - Three out of four owners of small businesses say the U.S. economy is getting worse, that it is harder to get loans and that the economic environment had reduced the amount of money they take home, according to a survey released on...
Asian Markets Retreat Despite Bailout Agreement

Published Mon, Sep 29 2008 4:54 AM by www.nytimes.com

Stock markets in Asia fell Monday afternoon on renewed fears of a global credit crunch.
Your Money: A Bill Encouraging to Distressed Homeowners, but Its Reach Is Unclear

Published Mon, Sep 29 2008 4:53 AM by www.nytimes.com

The bailout package should ease tight credit and hold down interest rates. But it does not go as far as some Democrats would have liked in helping distressed homeowners.
Treasury Would Emerge With Vast New Power

Published Mon, Sep 29 2008 4:52 AM by www.nytimes.com

Rarely if ever has one man had such broad authority to spend government money as he sees fit.
Morgan Stanley, MUFG Near Deal

Published Mon, Sep 29 2008 4:51 AM by Wall Street Journal

Morgan Stanley and MUFG are moving closer to sealing a deal whereby Japan's biggest bank by market cap will buy a 20% stake in the Wall Street firm.
Paulson Speaks on the Bailout

Published Mon, Sep 29 2008 4:50 AM by dealbook.blogs.nytimes.com

Amid extensive negotiations to pass the record $700 billion financial rescue package, Treasury Secretary Henry M. Paulson Jr. spoke with "60 Minutes" about the importance of providing federal aid to the nation's troubled banks.
Central Banks Pump Cash to Keep Markets Alive

Published Mon, Sep 29 2008 4:49 AM by CNBC
Payback provision in US bail-out plan

Published Mon, Sep 29 2008 4:48 AM by www.ft.com

The US financial services sector could be forced to reimburse the US government for any losses on its $700bn rescue plan under a breakthrough agreement that paves the way for congressional approval as early as Monday
Goldman seeks to buy up to $50bn in assets

Published Mon, Sep 29 2008 4:47 AM by www.ft.com

Goldman Sachs is seeking to acquire up to $50bn in assets from ailing US banks as part of its push into commercial banking, Goldman executives say
AIG looks to sell 15 units to secure position

Published Mon, Sep 29 2008 4:47 AM by www.ft.com

AIG, the stricken US insurer, is considering selling more than 15 businesses, including its aircraft leasing unit, a stake in a large US reinsurer and billions of dollars in properties in an effort to repay a $85bn government loan and secure its future...
Report: Citigroup and Wells Fargo Bidding for Wachovia

Published Mon, Sep 29 2008 4:47 AM by Calculated Risk Blog

From the NY Times: Citigroup and Wells Fargo Said to Be Bidding for Wachovia Citigroup and Wells Fargo were locked in a bidding war on Sunday over a possible emergency takeover of the Wachovia Corporation ... The government, led by the Federal Reserve...
Draft: Emergency Economic Stabilization Act of 2008

Published Sun, Sep 28 2008 5:19 PM by Calculated Risk Blog

From CNNMoney: Emergency Economic Stabilization Act of 2008 On suspending Mark-to-Market:SEC. 132. SUSPENSION OF MARK-TO-MARKET ACCOUNTING. (a) AUTHORITY.—The Securities and Exchange Commission shall have the authority under securities laws (as such term...

« First ... < Previous 2 3 4 5 6 Next > ... Last »

September 2008 - Around The Web

Site Tools

Syndication

Archive List