Ex-Fed Governor?s Report on Iceland Stability Missed Crisis
The majority of economists were caught off-guard by the financial crisis, and numerous bullish predictions have proved wrong ... institutions to lend them cash. When overseas credit dried up, the government was too small ... . Alongside forecasts for $200 crude and Dow 36,000, sits a report about Iceland co-written [more...]
Date: 2008-10-17 09:17:00
Blog posts
(219)
|
Videos
(33)
Green Credits
Governments everywhere face the challenge of how to engage their citizens in a program of carbon emissions reductions ... for corporates and other large emitters. A recent report from the London School of Economics written [more...]
Date: 2008-08-28 17:40:45
Green Credits
Governments everywhere face the challenge of how to engage their citizens in a program of carbon emissions reductions ... for corporates and other large emitters. A recent report from the London School of Economics written [more...]
Date: 2008-08-28 17:40:45
DELINQUENCIES RISE WHILE NEW FORECLOSURES DIP
In one of today’s government reports at least two positive stats can be Foreclosure starts dipped 2.6% in the third quarter vs. the second quarter ... income) to subprime (low credit score) through subprime. The chart shows the proportion of loans 60 days ... foreclosures in the period. Unfortunately, other than those facts the report was fairly bleak [more...]
Date: 2009-01-11 03:10:55
Following the Market Dive
Following the Market Dive By Mike Nizza The Closing Bell, 4:05 p.m. To end the day, an A.P ... on the economic situation up north. Updated: A government report on Friday morning showing that Canada ... whose Conservative Party faces the voters on Tuesday. As the credit crisis expanded in the United [more...]
Date: 2008-10-10 14:16:38
Should America Bail Out AIG’s ‘Sharia’ Finance?
Should America Bail Out ‘Sharia’ Finance? On September 17, 2008, the U.S. News and World Report magazine reported on how the “Federal Reserve extended an $85 billion loan ... government takeover so far in the ongoing credit crisis.” What the American public hasn’t seen yet [more...]
Date: 2008-10-06 15:47:22
Credit card thief charged as sex offender.
Government rarely, if ever, solves problems. Politicians and bureaucrats see social problems as opportunities for the expansion of their powers and ... been sitting, already written, waiting for the excuse that will justify a major assault on privacy ... him a “sex offender” once the local prosecutor got hold of him.Unfortunately the main press report [more...]
Date: 2009-01-09 11:13:00
Bank of America reports $2.39 billion loss
Escalating credit costs forced Bank of America Corp. to report a $2.39 billion fourth-quarter loss Friday, hours after it convinced the government it needed a multibillion-dollar lifeline. [more...]
Date: 2009-01-16 22:44:48
Read FDA Failing on Food Safety, Needs Money
FDA Failing on Food Safety, Needs Money by Joaquin Sapien - June 13, 2008 11:43 am EDT Credit: Rosi Maslarska ... tomatoes that have sickened 228 people across the U.S., a Government Accountability Office report ... a letter to Leavitt, stating this "submission undermines the work we have been doing to obtain [more...]
Date: 2008-06-16 22:07:35
Bank of America reports $2.39 billion loss
Escalating credit costs forced Bank of America Corp. to report a $2.39 billion fourth-quarter loss Friday, hours after it convinced the government it needed a multibillion-dollar lifeline. [more...]
Date: 2009-01-16 15:16:20
Few following DIAC in Gershon hiring drive
Most large federal government agencies this week said they had no plans to follow the Department of Immigration and Citizenship's lead in hiring a ... recommendations. Razor: Gershon and Tanner Sir Peter Gershon and Lindsay Tanner (Credit: Brian Hartigan) The Gershon report, which has been endorsed as an action plan by Federal Cabinet, found [more...]
Date: 2009-01-15 05:57:02
The Administration’s Latest Critic: The Chamber of Commerce
by Jake Bernstein - Aug. 13: This post has been corrected. It's almost rote by this point ... and is designed to help employers confirm the work status of new employees. (Credit: ProPublica) On Aug. 11 ... . The program has been beset by troubles. A June 10 congressional hearing and a report (PDF) by the Government [more...]
Date: 2008-08-13 14:45:00
Green Ink: There’s Your Energy Bill, Now Kill It
Green Ink: There’s Your Energy Bill, Now Kill It Posted by Keith Johnson ... a credit crunch for commodities speculators, forcing plenty of oil investors to unwind ... , there are some other problems with the drilling provisions. A new government report details how [more...]
Date: 2008-09-17 12:19:31
Long Beach Mortgage Report: Concern over future loan pricing due to Democratic moves
Long Beach, CA. We are very concerned about this development for future mortgage pricing ... this is at a time when we expect a government agency to support the credit crisis, not curtail their lending. Why has this happened? Apparently the agency faces a credit rating downgrade and must work through a half [more...]
Date: 2009-01-08 18:35:49
Children at play
A day after the government announced its bank rescue plan, the Taxpayers' Alliance (TPA) ... to get out of the credit crunch.However, in a "puff" for the report, on the Centre Right blog, TPA ... has come up with a report, trailed on its website, telling it what it should have done.Rightly – [more...]
Date: 2008-10-09 23:01:00
Bank of Canada lowers bank rate by three quarters of a percent!
The bank of Canada just announced a huge reduction in the prime interest rate ... governments are beginning to encourage credit flows, although it will take some time before conditions ... profile for core inflation than had been projected at the time of the last Monetary Policy Report [more...]
Date: 2008-12-09 15:14:28
Financial stocks hit new lows despite U.S. cash infusions
If the government’s financial-system rescue plan was supposed to give investors comfort about holding stocks of banks, ... . But that obviously isn’t making shareholders feel better about the credit card giant’s prospects ... that Goldman will report its first quarterly loss since came public in 1999. Meanwhile, Newport Beach [more...]
Date: 2008-11-11 19:26:16
More Bad Economic News
(Our economy at sea.) Image credit: Found here.All you have to do is click on the keyword economy off to the left of this article to see what a sorry ... economists estimated, a report by ADP Employer Services said on Wednesday.The data comes two days ahead of the government's more comprehensive non-farm payrolls report, which unlike the ADP numbers [more...]
Date: 2009-01-07 19:48:00
Stocks rally on big bank deal, anticipation of bailout vote
Stocks rally on big bank deal, anticipation of bailout vote by The Associated Press Friday October 03, 2008, 11:14 AM Stocks advanced while credit markets remained strained today ahead of an expected House vote ... . Investors also appear relieved that the government's September employment report wasn't worse, although [more...]
Date: 2008-10-03 12:11:38
Corporate Execs, Boards & Climate Change: What, Me Worry?
Climate change adaptation and mitigation is largely a non-issue for executives at the world's largest apparel, pharmaceutical, ... concludes its report with a list of recommendations for corporate executives and boards of directors. *Image credit: Norman Mingo, MAD Magazine A Corporate Governance Framework for Climate Change [more...]
Date: 2008-12-11 20:40:59
Dow Zooms to Record Gain Yesterday on Reports The Government Will Reveal Banking Bailout Plan Details Early Today
U.S. stocks yesterday (Monday) staged their biggest rally since the Great Depression – with the Dow Jones Industrial Average soaring an all-time ... from the major financial nations to cooperate in getting the credit markets functioning again [more...]
Date: 2008-10-14 14:52:53
Weekly Market Update Report
January 7, 2009DairyCHEESE: Barrels closed at $1.1300 and 40# blocks at $1.1325. The weekly average for barrels is $1.2283 (-.1059) and blocks, $1.1942 (-.0866). Cash cheese prices at the CME Group declined again this week with the December 31 session block daily close at $1.1325, just above the CCC (Commodity Credit Corporation) government [more...]
Date: 2009-01-08 14:10:00
Unemployment Survival Guide
by The Mogambo Guru Judy Stark, the Homes and Garden editor for the St ... of money and credit to finance the creation of permanent government programs, permanent inflation ... be Canadians becoming small-scale farmers again, too, as Forextv.com reports that "Economists Say Canadian [more...]
Date: 2008-08-18 18:48:17
Chrysler Financial to get $1.5 billion from government
Update: AutoObserver is reporting that Chrysler has just launched zero-percent financing for up to 60 months on select 2008 and 2009 model year ... , the U.S. Treasury said today. Executives at Chrysler said that the lack of available credit were hurting [more...]
Date: 2009-01-16 20:12:06
Bank Bailout Puts Taxpayers At Risk
ABC News' Betsy Stark reports: It all feels less frantic than the government's rescue of the financial system a couple of months ago -- and we can ... , it is reasonable to expect more loan defaults on everything from mortgages to credit cards. And if banks are forced to use their cash to cover losses rather than make loans, well, how does the [more...]
Date: 2009-01-16 19:01:22
pesky street people keep begging for handouts
The US government made a significant purchase overnight, ... to report a huge loss. Paulson was reportedly honoring a secret promise he made to Bank of America ... The economy and subsequently the credit markets literally hit a wall starting in September [more...]
Date: 2009-01-16 16:36:40
The SEC
First let me say that this has nothing to do with me, but given my interest in all things financial and the government during this financial crisis, I read with interest the Office of Inspector General’s Report to Congress regarding the SEC. The SEC deserves credit for casting such a critical eye at itself. It should happen more often [more...]
Date: 2008-11-30 07:41:23
3 Auto Suppliers (AXL, MGA, DAN) To Win From A Detroit Bailout
The Big Three are up on Capitol Hill, making their case for a government bailout ... on the economic hearts of Americans by releasing a report that shows if it fails over 3,000 workers ... of credit. If Ford has enough cash to keep its creditors at bay and its operations running, why [more...]
Date: 2008-11-18 18:57:57
Timothy Geithner: Obama's Teflon Treasury Secretary
by James Pethokoukis, USA News & World Report Who is Timothy Geithner that upon news of his impending nomination by Barack Obama, ... and Freddie play in the subprime mortgage bubble?" "What role has government policy played in creating the housing and credit crisis?" "How does tax policy affect economic growth?" "What should [more...]
Date: 2008-11-26 16:32:17
Bank of America slides to 4Q loss; gets more aid
Escalating credit costs forced Bank of America Corp. to report a $2.39 billion fourth-quarter loss, hours after it convinced the federal government it needed a multibillion-dollar lifeline to survive the absorption of Merrill Lynch's hefty losses. Bank [more...]
Date: 2009-01-16 18:51:25
CDS report: EU nation default risk touches record high
The cost of insuring debt issued by the Irish government leapt higher this morning as Europe's beleaguered credit derivatives traders swallowed hard ... premiums for protecting the debt of Spain, Germany, Austria and Ireland against default also all jumped to record highs according to credit default swap data provider CMA.... [more...]
Date: 2009-01-16 12:19:32
Government Auctions - Quality Foreclosure Sample Listings
As I half heartily listen to CNBC news while I’m working I realize that the media is sensationalising the current credit and housing worries to the point that each report seems to have to outperform the previous on how gloomy the state of the financial world is in. It almost seems like it’s a competition about who can report the worst news. It’ [more...]
Date: 2008-11-21 17:56:48
Bank of America loses $2.39 billion; gets more aid (AP)
Escalating credit costs forced Bank of America Corp. to report a $2.39 billion fourth-quarter loss, hours after it convinced the federal government it needed a multibillion-dollar lifeline to survive [more...]
Date: 2009-01-16 13:58:55
Colliding Bubbles, US Unemployment, the Credit Crisis and Oil Price Surge
Dandelion Salad By John Mauldin www.marketoracle.co.uk Jun 07, 2008 Unemployment Jumps to 5 ... Dunne and Doug Henwood of The Liscio Report noted, the gain was all from local governments ... use’, you must obtain permission from the copyright owner. [more...]
Date: 2008-06-18 13:11:25
MICROCAPITAL STORY: Malawian Microfinance Institutions Accused of Profiteering - Blue Financial Services and Izwe Lose Government Backing
The Malawian Civil Servants Trade Union (CSTU) has asked the government to rethink its recent decision to cease guaranteeing loans obtained from ... . There are currently nine MFIs in Malawi which report to the Mix Market, but Blue Financial Services and Izwe ... it was reported in The Nation Online that Blue Financial Services offers credit at [more...]
Date: 2009-01-12 14:56:31
Government help for the bank lending: just “get on with it”
Last weekend the Prime Minister announced yet another “anti-recession” plan which included the “creation of up to 100,000 new jobs” ... half of this year, as we were promised by the Chancellor as recently as in the Pre Budget Report ... that households are reining in after the years of credit-fuelled excess. Two key indicators are housing equity [more...]
Date: 2009-01-08 21:14:21
UPA’s victory boosts Sensex
Mumbai, July 23 (ANI): The United Progressive Alliance Government’s victory in yesterday’s confidence motion in the Lok Sabha gave a boost to ... as oil prices slid further and a report from Deutsche Bank which suggested that financial companies are overcoming credit losses, the Indian investors participated in the market with a vengeance [more...]
Date: 2008-07-23 04:13:44
1-13-2009 (Tue Morning) Fin. & Econ. Activity
Federal Reserve Chairman Ben S. Bernanke warned that a fiscal stimulus won’t be enough to spur an economic recovery and that the government may need ... s more concerned about a continued choking off of credit to companies and households - Bloomberg ... in billions as a global cash machine, Citigroup is expected to report its fifth consecutive quarterly [more...]
Date: 2009-01-08 02:15:44
Short Term Positives, Long Term Questions
Good Evening: The forces of poor economic fundamentals clashed again today with government programs created to address them ... were sifting through a Q3 GDP report revealing that growth slipped to -0.5% last quarter, the Fed ... . Aside from still frigid conditions in the credit markets, perhaps the big reason why the Fed feels [more...]
Date: 2008-11-26 02:48:41
Government help for small business: The key points
Working Capital Scheme - Open to “ordinary-risk” businesses with a turnover of up to &beat500m - Government will guarantee up to 50pc of new and existing working capital credit lines ... Fund - A £50m fund to convert businesses’ debt into justice, announced in the pre-budget report [more...]
Date: 2009-01-16 08:09:09
Toyota to Slash 2009 Sales Outlook, Cut Costs
Toyota Motor Corp. (ADR:TM) may not need a government bailout, but it’s hurting badly ... its dividends at 140 yen,” Morgan Stanley (MS) analyst Noriaki Hirakata wrote in a report. “Thus ... on by a whirlwind of job losses, devalued property, lack of credit and falling stock markets [more...]
Date: 2008-12-16 13:30:50
Retail Sales Tank
Click for a larger imageThanks to Calculated Risk for the chartFrom Bloomberg:Sales at U.S ... of credit led Americans to cut back on everything from eating out to car purchases.The 2.7 percent ... s report showed declines in 11 of the 13 major categories tracked by the government, led by a 16 [more...]
Date: 2009-01-14 15:16:00
The Note: Obama Waits on Change for January
ABC News' Rick Klein reports in Friday's Note: Change doesn’t have to wait until January. Sen. Ted Stevens, R-Alaska, is gone. ( ... has chosen not to play in the current crisis: “With the stock market plunging and the credit market entering a new freeze, cries are being heard for a new government intervention to prop up major financial [more...]
Date: 2008-11-21 13:21:47
Maria Ramos’s move to Absa a blow to government
SOUTH Africa’s public sector has lost one of its brightest stars as Maria Ramos quits to head up banking group Absa. She will take over from Steve Booysen as the banking sector battles against credit crunch ... minister is my partner but I’m a professional person… I will report to the board as I have done [more...]
Date: 2008-11-22 05:38:40
B of A reports loss, gets more cash
The TARP was phase 1 of the bank bailout: give the banks cash to rebuild their capital ... for credit-losses nearly tripled, while the company showed why it needed further help from the government ... 1: the government is absorbing losses on bad assets themselves. See Citi’s bailout in late November [more...]
Date: 2009-01-16 15:09:12
Now The US Steel Industry Is In Collapse and Looking For A Massive Government Bailout Of $1 Trillion
bangheadagainstwall To stimulate demand for the key commodity, a report said Friday. Output of steel has plunged 50 percent since September after posting record profits as construction and auto production have fallen sharply amid a US recession and the global credit crunch [more...]
Date: 2009-01-02 21:36:58
Federal Reserve, Treasury Announce $800 Billion Plan to Support Consumer Lending
Let's see, Bloomberg said yesterday that the Federal government had committed $7.4 trillion to lending facilities and guarantees ... points, due to a GDP report that revised third quarter growth from positive 0.3% to negative 0.5 ... (TALF), a facility that will help market participants meet the credit needs of households and small [more...]
Date: 2008-11-25 15:09:54
BofA, Citi Report Losses
From the WSJ: Bank of America Swings to a Loss Bank of America Corp. swung to a fourth-quarter loss as provisions for credit-losses nearly tripled, while the company showed why it needed further help from the government to support its acquisition of Merrill Lynch [more...]
Date: 2009-01-16 13:20:02
Charon Reports: On Twitter - Are you going to put some skin in the game?…
“Twitter is becoming ever-more powerful. You can tell when businesses, brands and governments start putting skin in the game ... at Twitter. Today, as Winter tightens its grip on credit-crunched and completely financially knackered Britain, I get my podcasting kit and WWII helmet out and trawl the world to report on Twitter… [more...]
Date: 2008-12-14 14:45:45
If It Stops Moving, Subsidize It
Naturally, now that government plans to intervene in the economy with a massive stimulus package, everyone wants their “fair” share. Robert D ... that wouldn’t be there otherwise. A new report by the Information Technology and Innovation ... grid. And a Silicon Valley petition calls for a tax credit for companies that spend more than 80 [more...]
Date: 2009-01-06 03:15:11
51 -
100
of
219
Posts
Page:
First
| <
Preceding
|
Next
>
0
|
1
|
2
