Today: FINANCIAL News, Money, Banks, Economic and Financial Crisis, Aug 25, 2011

Search

ALS, Alexander Language Schools Franchise


Aug 25, 2011

FINANCIAL News, Money, Banks, Economic and Financial Crisis, Aug 25, 2011


S&P Downgrade Prompts $1 Trillion Stock Loss
Bloomberg
8 was the biggest daily decline since December 2008, the height of the financial crisis spurred by Lehman Brothers Holdings Inc.'s bankruptcy. The index has lost 12 percent since July 22, as the debate about extending the debt-ceiling spurred concern ...
See all stories on this topic »
A Rush Out of 'Junk'
Wall Street Journal
By MATT WIRZ, KATY BURNE and VIPAL MONGA The market for "junk" bonds is enduring its worst rout since the depths of the financial crisis. Vipal Monga, Senior Editor of WSJ's CFO Journal, reports on the News Hub the current bad era for junkbonds, ...
See all stories on this topic »

Wall Street Journal
Franc Reverses Gain Versus Dollar as Buffett Buys Bank of America Shares
Bloomberg
By Anchalee Worrachate - Thu Aug 25 15:23:41 GMT 2011 Switzerland's franc weakened against the dollar, reversing gains, after Berkshire Hathaway agreed to invest in Bank of America Corp, reducing concern that another financial crisis may have been ...
See all stories on this topic »
A world of debt: Global liabilities grow
gulfnews.com
Back in 2008, the Fed was left to deal with the emerging financial crisis, while the ECB hiked rates and Congress refused to take any action, until the stock market was in full collapse." Ben Bernanke, Chairman of the US Federal Reserve, ...
See all stories on this topic »

gulfnews.com
You Can't Make This Stuff Up
Daily Reckoning - American Edition
By Chris Mayer 08/25/11 Gaithersburg, Maryland – In today's column, I'd like to share with you a few ideas I presented at the recent Agora Financial Investment Symposium in a speech titled You Can't Make This Stuff Up. I called it that because it's ...
See all stories on this topic »
What That Exposé of the Fed's Secret Bailout Told Us ... And What It Didn't
Huffington Post (blog)
It's a crime to lie to investors about your own balance sheets, so how many bankers committedstock fraud by taking these loans, failing to disclose them, and making false statements about their own bank's financial stability? ...
See all stories on this topic »
How Bleak Is The U.S.'s Economic Outlook?
Seeking Alpha
Indeed, in the walkup to the last global financial crisis, it took nine weeks from late 2007 through February 2008 for the same degree of widening to occur in the high-yield market, notes Martin Fridson of BNP Paribas Investment Partners. ...
See all stories on this topic »
Ratings agencies: Right out of credit
The Guardian
It's that they're supposed to be the linchpin of trust of the financial system but they acted like two-bit hookers during the sub-prime housing boom, enabling the banking crisis. Then again, in the ultra-competitive financial sector, expecting them to ...
See all stories on this topic »
Oil Drop Seen Limited as Libya Exports Struggle: Energy Markets - Fullermoney
Proactive Investors UK
Here is a section: Europe's sovereign-debt crisis now threatens Erdogan's economic successes. The economy was already in urgent need of cooling or the twin goals of price and financial stability would be threatened, said Melissa Ball, an economist at ...
See all stories on this topic »
Forex - AUD/USD, Gold Flows: Increase in CME margin sees fall in Gold prices
FXstreet.com
Insurance on the debt of several major European banks has now hit historic levels, higher even than those recorded during financial crisis caused by the US financial group's implosion nearly three years ago. Credit default swaps on the bonds of large ...
See all stories on this topic »

Enhanced by Zemanta

No comments: