Credit Markets

FDIC Chief Sheila Bair: Big Banks Still Aren't Lending Enough

AP | STEVENSON JACOBS | Posted 11.11.2009 | Business


NEW YORK — The head of the Federal Deposit Insurance Corp. said Tuesday she's "very worried" that the nation's biggest banks aren't lending enou...

Summers: Banks Are "Unintended Beneficiaries" Of The Bailout

The Huffington Post | Ryan McCarthy | Posted 11.02.2009 | Business


For Lawrence Summers, the president's economic adviser, the financial crisis is kind of like a military battle. Buried in this Wall Street Journal abo...

Meredith Whitney: Small Business Left Out In The Cold In Bailout

wsj.com | MEREDITH WHITNEY | Posted 10.02.2009 | Business


Since the onset of the credit crisis over two years ago, available credit to small businesses and consumers has contracted by trillions of dollars, an...

CIT's Failure A Wake-Up Call For Small Companies

wsj.com | VICTORIA E. KNIGHT | Posted 08.22.2009 | Business


he troubles at CIT Group Inc., a key lender to small businesses, underscore the importance of developing back-up plans for borrowing. CIT's financi...

Elizabeth Warren On Consumer Financial Product Agency (VIDEO)

baselinescenario.com | Elizabeth Warren | Posted 08.21.2009 | Business


Elizabeth Warren, the chair of the Congressional Oversight Panel and a professor at Harvard, has been on a mini-media blitz of late. Yesterday, she re...

Are Credit Markets Back to Normal?

Alan Schram | Posted 06.22.2009 | Business


Alan Schram

Credit markets may not be completely healed, but they are in much better shape than they were three months ago.

Junk-Bond Rally Premature as Record Defaults Loom, Analysts Say

bloomberg.com | Shannon D. Harrington | Posted 06.07.2009 | Business


May 7 (Bloomberg) -- Junk-bond investors who have spurred the biggest rally on record are getting ahead of the recovery as the rate of company failure...

My Late Night Visits from the Ghosts of Financial Outrages Past, Present, and Future

Arianna Huffington | Posted 05.21.2009 | Business


Arianna Huffington

With my younger daughter away, I was looking forward to a quiet night in, curled up in bed with a few dozen pieces on the financial crisis I'd cut out from newspapers and magazines. But instead of reading a few and nodding off, I ended up staying up most of the night, getting more and more outraged with each article I read. These days, the business section is not for the faint of heart. READ MORE The Torture Moment The way we respond to the revelations about the Bush administration's use of torture will define the kind of country we are. It is a test of our courage and our convictions. So far, the media are not getting high marks. They can't seem to shake their addiction to looking at every issue through the archaic prism of right vs. left. READ MORE

Credit Markets Tighter Despite Citigroup Rescue

AP | CARLO PIOVANO | Posted 12.25.2008 | Business


LONDON — Dollar lending rates between banks rose Monday despite the announcement of a U.S. plan to rescue troubled lender Citigroup Inc. The ra...

The Anatomy of the Financial Crisis and Why We Must Get It Right

Mort Zuckerman | Posted 11.22.2008 | Business


Mort Zuckerman

The danger is that politicians, who have little understanding of the financial world, may draw the wrong conclusions from Wall Street follies and make the wrong decisions as they try to revive our financial system.

World Needs Global Financial and Securities Bodies

Diane Francis | Posted 11.21.2008 | Business


Diane Francis

The world economy nearly failed and a global effort by governments and central banks has pulled the system back from the proverbial brink. That's why only a global solution going forward will save the day.

Oops, New Bailout Isn't Working Either

Henry Blodget | Posted 11.15.2008 | Business


Henry Blodget

The government's seizure of stakes in nine banks was designed to finally return the credit markets to some semblance of normal, so consumers and businesses can get access to money again. Unfortunately, we're still waiting.

The World Is at Severe Risk of a Global Systemic Financial Meltdown and a Severe Global Depression

Nouriel Roubini | Posted 11.11.2008 | Business


Nouriel Roubini

It will take a significant change in leadership of economic policy and very radical, coordinated policy actions among all advanced and emerging market economies to avoid this economic and financial disaster.

Measuring The Crisis: Look Past Stocks

BusinessWeek | Ben Levisohn | Posted 10.31.2008 | Business


With the financial system bailout plan derailed by the House of Representatives on Sept. 29, the resulting plunge in equities made headlines around t...

A plague on the Wall Street casinos

Diane Francis | Posted 10.17.2008 | Business


Diane Francis

America's biggest substance abuse problem is money. Like a crack addict in charge of the drug squad, Washington did little to nothing to control the a...

Is This The Worst Crisis Ever?

Eben Esterhuizen | Posted 03.28.2008 | Business


Eben Esterhuizen

A bear market is only possible if there is a consensus that a financial crisis is significantly worse than ever before. And that is why we are currently in a bear market.

Wall Street Banks Brace For More Multibillion-Dollar Losses

New York Times | Jenny Anderson | Posted 03.28.2008 | Business


Wall Street banks are bracing for another wave of multibillion-dollar losses as the crisis that began with subprime mortgages spreads through the cred...

Goldman CFO: Fear Is Ruling The Markets

Bloomberg Via NYP | Posted 03.28.2008 | Business


US credit markets are trading as if the economy is in a recession because investors' "fear has overwhelmed greed," Goldman Sachs Group Inc. Chief Fina...

Fed Survey: Banks Tightening Credit

AP | JEANNINE AVERSA | Posted 03.28.2008 | Business


Many U.S. banks have made it harder for creditworthy borrowers to get a mortgage, according to a Federal Reserve survey released Monday that underscor...

Sinking Credit Markets May Wipe Out Investors' Dividends In 2008

AP | STEPHEN BERNARD | Posted 03.28.2008 | Business


With credit markets continuing their downward spiral, investors could see their dividends disappearing in 2008. Dividend cuts or suspensions will co...

Consumer Spending Sees Biggest Gain In 2 Years

Washington Post | Neil Irwin | Posted 03.28.2008 | Business


The housing market is tanking, the credit markets are in crisis, and economists fear that a recession could be on the way -- but in November at least,...

Central Bankers To Lend Billions In Credit Crisis

New York Times | VIKAS BAJAJ and FLOYD NORRIS | Posted 03.28.2008 | Business


A day after the Federal Reserve disappointed investors with a modest cut in interest rates, central banks in North America and Europe on Wednesday ann...