Interbank Market Vulnerable to Collapse, Sweden's Frisell Says
Swedish policy makers have been pressing for the nation's lenders to seek more permanent, longer-term funding after the financial crisis in 2008. Following the collapse of Lehman Brothers Holdings Inc., Sweden's central bank provided liquidity peaking ...
Hidden Money From Hong Kong Undermining Loan Curbs: China Credit
San Francisco Chronicle
... compared with 3.6 percent in the US and 2.5 percent in the euro region. While All-China Federation of Industry & Commerce said in June that smaller businesses are more short on cash than during the 2008 financial crisis, companies that have access ...
Gold hits record, macro worries batter risk assets
LONDON Aug 18 (Reuters) - Gold hit its second record high this month on Thursday, as worry about the effect on global growth of a debt-laden US economy and the euro zone financial crisis battered stocks and higher-yielding currencies and lifted ...
Global Markets Taking It On The Chin, Gold Hits New High, Treasuries Below 2%
The latest global sell-off follows some of the worst days for equities since the financial crisis in 2008. European stocks tumbled as market players digested a summit between France's Nicolas Sarkozy and Germany's Angela Merkel that did nothing more ...
4 Mass. banks get $18m from US
As with the Troubled Asset Relief Program, or TARP, which bailed out banks during the financial crisis, the government is buying preferred stock in the banks in exchange for the capital infusion. The program is controversial because many of the banks ...
Finland to Lower Spending, Raise Taxes to Narrow Budget Deficit
The government needs to ensure a potentially deepening global economic and fiscal crisis doesn't trigger an economic decline similar to Finland's 8.2 percent contraction in 2009. Finland expects to have 88 billion euros in debt by the end of next year, ...
Analysis: Brazil's economy goes from "great" to "good"
That would be quite a letdown for a country that enjoyed average annual economic growth of 4.4 percent from 2004 to 2010, even when accounting for the global financial crisis that erupted during that period. Growth peaked at 7.5 percent last year, .
Sticking With Equities Through Downturn Brought Gains To 401(k) Investors
Financial Advisor Magazine
Investors who have stayed out of equities since the financial crisis have made far less money than those who returned to equities, according to a Fidelity Investments report released today. Fidelity's review of 2nd quarter 401(k) trends asserts that ...
Fear Factors: 5 Drivers of Today's Stock Market Decline
Traders are already pointing to some larger, macroeconomic issues, like contagion from the ailingeuro zone and fear of a “false” market rally — that is, concern that the recent mini-rallies have been mere pauses before even greater losses. ...
Bank of America Names Executive to Oversee Bad Loan Portfolio
New York Times
Bank of America picked up much of the portfolio in 2008 when it acquired Countrywide Financial, the subprime lender whose excesses have come to epitomize the housing boom that collapsed and helped trigger the financial crisis of 2008. ...
Cash-strapped UC hands out millions in raises
San Francisco Chronicle
UC is experiencing what officials have called the worst financial crisis in its history, losing million of dollars in state funding over the last few years while steadily raising tuition and laying off employees to compensate. ...
Fed scrutiny of European banks fuel US dollar funding fears ...
By Google Inc.
NEW YORK (Reuters) - Some European banks are being forced to pay more for access to short-term US dollar loans as fresh fears surfaced over the euro zone fiscal crisis spreading through the financial sector. The latest wave of anxiety . ...
Wall Street Financial News
The coming depression in pictures – Telegraph Blogs
By Jeremy Warner
But with the advent of the financial crisis, the relationship has started to show severe signs of strain. use-this---2yr. Some time in mid 2011, the relationship unambiguously reversed (see second graphic above). When shares are cheap relative to bonds, ... Bonds, by contrast, become the default savings security of choice. Money that would normally be spent or invested in productive assets gets instead squirrelled away in cash and its nearest equivalent, government bonds . ...
Business - WSJ.com: Dollar Rallies as Growth, Contagion Concern…
Dollar Rallies as Growth, Contagion Concern Spur Treasury Demand. (Posted on BusinessWeek.com -- Top News at Thu, Aug 18, 2011 at 02:47PM) ...
"If you're going to panic, do it fast and beat the crowd." ~ Jesse Livermore