George Soros Thinks We're Headed Towards Another Depression
The US and Chinese economies are heavily dependent on exporting goods to Europe, and with Eurozone growth slowing as a result of the potential default in Greece, and then on to the rest of thePIIGS, a “Great Depression-like scenario” could very well ...
SEC May Hold More People Accountable For Financial Crisis: Report
The federal government is trying to make it easier to hold people responsible for the financial crisis. Joshua Rosner, managing director at Graham Fisher & Co., told The Huffington Post that the SEC's settlements with banks so far have supported an ...
Modified loans in default
New York Post
Mortgage delinquencies have increased amid slow economic growth and a US unemployment rate that's been 9 percent or higher since April. Mortgage default notices from banks sent to delinquent homeowners surged 33 percent in August from the previous ...
Steve Bell on the eurozone crisis
Ah, yes, the Eurine zone, and PIIGs do fly...... Still, it will be nice for Greece to partially default and go back to the Dracma and be free of the Eruine as a currency. Love the fat-cat's paws. And props for elbowing Danny Alexander. ...
AJK govt not to default on payments: FM Ch Latif Akber
ISLAMABAD: Finance Minister of AJK Ch Latif Akber has, via media, debunked widely circulated impression that the government of Azad Kashmir has financially defaulted as “it is no longer in a position even to make monthly payments of salaries to its ...
European nations can avoid default - Brazil finmin
SAO PAULO, Sept 30 (Reuters) - Brazil Finance Minister Guido Mantega said on Friday he is confident that debt-laden European countries are able to avoid default. "I'm optimistic and I believe that Europe has the capacity to react to this worsening of ...
Morgan Stanley's Credit-Default Swaps, Outlook
30 (Bloomberg) -- John Guarnera, a financial analyst at Societe Generale, discusses Morgan Stanley's credit-default swaps, which are being priced in the CDS market as less creditworthy than most US, UK and French banks and as risky as Italy's biggest ...
Stocks Mark Worst Quarter Since Credit Crisis | Boise State Public ...
Stocks Mark Worst Quarter Since Credit Crisis. The worst quarter for the stock market since thefinancial crisis ended on another down note. .... Many European leaders and traders believe Greece will default in the coming weeks or months. ...
Boise State Public Radio
ECB: The global financial crisis and the role of monetary policy
Today we are experiencing the worst economic and financial crisis of the .... and became very intense in September 2008 with the default of Lehman Brothers. ...