[google9f4ceb52465ac37d.html] [google9f4ceb52465ac37d.html]

,

Showing posts with label financial markets. Show all posts
Showing posts with label financial markets. Show all posts

Sunday, August 30, 2009

The 10 People who Predicted the Financial Meltdown...


Timesbusiness.typepad.com: The financial events of recent weeks have filled many of us with shock and panic. Surely no one could have predicted that we would be in this mess? Well, actually, they did. Here are ten people who saw the financial meltdown coming...

Monday, April 20, 2009

Stocks slide as investors dump financials


Bank of America's earnings surpassed analyst expectations by more than tripling to $4.2 billion.

But investors were unnerved that the company wrote off almost $7 billion in bad debt -- more than twice the amount of a year ago -- and poured an additional $6.4 billion into its reserve to cover future loan losses.

Wall St reet fears grow over stress test results


FT.com: Rising panic over how the results will be released has raised fears the results could lead to another collapse of confidence in the battered financial sector.

Among other concerns, there is uncertainty over how the federal government will release the results, whether it will publish one aggregate number, or a bank-by-bank breakdown.

Sunday, April 19, 2009

TIME BOMB: Banks brace for derivatives 'big bang'


Money.cnn.com: Treasury Secretary Tim Geithner has called for putting the market, currently an "over-the-counter" affair that consists of private contracts between traders, on the same footing as the markets for stocks and commodities, in which parties trade with a central counterparty or exchange.