Clipmarks - Credit markets downturn Clipmarks

1
POPS Credit Losses Hit $2.8 Trillion, Bank of England Says

by LoPhatt 10-28-2008

No Remarks

by rmowery 10-9-2008

You really have to wonder if all these finance mags and newspapers are just trying to convince people to buy in order to get things moving again. Likewise I suppose if things go bad they have no magazine. Some of the readers comments were interesting.

0
POPS Bank Bailout or a Federal Money Laundering Operation?

by Maxwell_Smart 10-4-2008

I fear all reality will hit after the bailout approval. Down, down, down, we go; where we will stop nobody knows. We will be slaves if we are healthy and dead if we are not.

5
POPS Bailout Marks Karl Marx's Comeback

by merrie 9-30-2008

Marx’s Proposal Number Five seems to be the leading motivation for those backing the Wall Street bailout. If he were to rise from the dead today, Marx might be delighted to discover that most economists and financial commentators, including many who claim to favour the free market, agree with him. At first glance, anyone who understands economics can see that there is something wrong with this picture. The taxes that will need to be levied to finance this package may keep some firms alive, but they will siphon off capital, kill jobs and make businesses less productive elsewhere. Increasing the money supply is no different. It is an invisible tax that redistributes resources to debtors and those who made unwise investments. So why throw this sound free-market analysis overboard as soon as there is some downturn in the markets? The rationale for intervening always seems to centre on the fear of reliving the Great Depression.

0
POPS Sean O'Grady:Credit crunch: 'It's just the end of the beginning'

by JICWyllie 8-28-2008

No Remarks

2
POPS Oil Trophy, Abu Dhabi To Buy The Chrysler Building

by merrie 6-12-2008

Boston Properties closed on its purchase of the GM Building on Monday with investment partners Kuwait and Qatar, and will complete the purchase of three other former Macklowe properties over the next few months. Developer Harry Macklowe was forced to sell the assets after taking a personal loan on the GM Building and other family assets to raise nearly $7 billion to buy a city package of former Equity Office buildings. The credit markets tanked right after completing that deal in July and Macklowe was unable to refinance the short-term debt causing him to sell the four buildings to Boston Properties and return the Equity portfolio to lender Deutsche Bank.

0
POPS Insured Banks And Thrifts Earned $19.3B In The First Quarter

by Forbes Markets 5-29-2008

This is from the FDIC's latest Quarterly Banking Profile. It says that troubled real estate loans triggered higher provisions for losses and weaker profits. Banks and savings institution's profits. have been cut almost in half.

2
POPS Retailing Chains Caught in a Wave of Bankruptcies - Part 1

by JICWyllie 4-15-2008

The consumers disappear. In their place, could it be real people appear with real issues, rather than the fabricated issues of the consumer "society".

1
POPS Arcane credit market faces big test as economy slows

by JICWyllie 2-17-2008

$10 trillion here, $10 trillion there. It soon adds up to real money.

0
POPS Bernanke backs fiscal stimulus package

by JICWyllie 1-17-2008

No Remarks

0
POPS Fresh credit squeeze as rates go sky high

by JICWyllie 12-28-2007

No Remarks

1
POPS Stocks tumble as oil, inflation fears mount

by JICWyllie 11-9-2007

No Remarks