inept government policy, not Wall Street greed, that allowed the financial
system to spin out of control
25 People to Blame for the Financial Crisis - TIME - 4 views
-
Time magazine's list of 25 people to blame for the crisis.
Economist: Blame Government for the Crisis - NYTimes.com - 1 views
-
-
government has put in place a system in which it is easy to gamble with other people’s money — particularly borrowed money — by making sure that almost everybody who makes bad loans gets their money back
-
If Fannie’s and Freddie’s bonds reflected their true risk, they would never have been bought up by the Chinese government or small investors, Mr. Roberts contends, adding that the government just made things worse when it moved in to secure the two mortgage giants in the fall of 2008.
Op-Ed Columnist - Berating the Rating Agencies - NYTimes.com - 0 views
-
of AAA-rated subprime-mortgage-backed securities issued in 2006, 93 percent — 93 percent! — have now been downgraded to junk status
-
For someone who is doing rating agencies.
2008 economic crisis was triggered by a rating agency downgrade of AIG, NOW M... - 0 views
Bank of America given $138bn rescue package | Business | guardian.co.uk - 0 views
-
BoA, which received $25bn after buying the ailing investment bank Merrill Lynch in September, will take the money from the controversial $700bn troubled asset relief programme (Tarp) agreed by Washington at the end of last year
Citigroup Crisis - 0 views
JP Morgan profits from the global financial crisis with $10billion cash call | Mail Online - 0 views
-
The Washington Mutual deal is the latest move by JP Morgan to profit from the global financial crisis.
-
The firm also gobbled up Bear Sterns, the investment bank, in March.
-
The Washington Mutual collapse was triggered by a massive wave of withdrawals during recent days
Global Economic Crisis » Goldman Sachs, America's Unofficial Welfare Queen? - 1 views
-
essential component in the survival of this illustrious firm is missing from the most recent quarterly report; specifically, the lifeline to Goldman Sachs that runs through AIG. For it is clear that without that lifeline, there would be no Goldman Sachs.
-
If Goldman Sachs were not the recipient of AIG pass through money in the last quarter of 2008, it is clear that this firm would be facing the serious prospect of liquidation
-
Successful investment banks - Goldman Sachs
The Fall of Bear Stearns: A Quickie Guide -- Daily Intel - 2 views
-
June 2007: Bear Stearns ponies up $3.2 billion to bail out two hedge funds created to invest in subprime mortgages
-
March 10–13, 2008: Amid rumors that Bear is teetering and has liquidity problems — and the small matter of $46 billion in mortgages and other questionable "assets
-
December 2007: Bear Stearns posts fourth-quarter loss of $854 million on massive mortgage-related write-downs, the first quarterly loss in its 85-year history.
- ...3 more annotations...
The secret history of Bear Stearns' collapse - Mar. 3, 2009 - 0 views
-
February 2007 had been a very difficult month for Cioffi's two hedge funds. The High-Grade Fund had reported a gross return of 1.5% - respectable, to be sure - but the Enhanced Leverage Fund had lost 0.08%, the first time either fund had lost money since Cioffi started in 2003
-
Cioffi was concerned because he knew that actually the funds had closer to 60% of their money invested in subprime mortgages.
-
The High-Grade Fund lost 3.71% for the month. The Enhanced Leverage Fund lost 5.41%.
- ...2 more annotations...
-
Exclusive book excerpt: Bestselling author William Cohan uncovers the inner workings of the misadventure that brought down Bear Stearns and foreshadowed the financial crisis to come.
How Lehman Brothers became Bankrupt? - AbhiSays.com - 0 views
-
15th Sept 2008 has become a black day in the history of financial market with US fourth-largest investment bank Lehman Brothers filing for bankruptcy
-
The firm does business in investment banking, equity and fixed-income sales, research and trading, investment management, private equity, and private banking
-
These days there is mortgage crisis in United States due to decline in prices of real-estates
- ...2 more annotations...
Banking crisis: Lehman Brothers files for bankruptcy protection | Business | guardian.c... - 0 views
-
it will file for Chapter 11 bankruptcy protection, making it the biggest victim so far of the credit crunch and sub-prime crisis.
-
The collapse of Lehman – one of the biggest financial shocks in years - puts tens of thousands of jobs around the world at risk, including over 4,000 in the City and another 1,000 in High Wycombe.
-
help to push the UK into recession
- ...2 more annotations...
-
Failed investment banks- Lehman Brothers
The Financial Crisis Timeline - 0 views
-
A detailed timeline of the financial crisis starting from February 2007
100 To Blame | VF Daily | Vanity Fair - 0 views
-
A selection of articles from Vanity Fair blaming many institutions and people.
The Wall Street Journal - Bush Moves in to Aid Homeowners - 0 views
-
Published August 31, 2007 Bush moves in to support homeowners from the supprime-mortgage crisis.
Effect of Institutional Investments on the Stock Market | eHow.com - 0 views
-
Stock analysts and the investment public seek to coordinate their own strategies based upon institutional moves.
FRB: The Federal Reserve System Purposes and Functions - 0 views
-
This is a link to pretty much all you need to know about the FED.
The Role Played by Credit Rating Agencies in the Financial Crisis - 0 views
-
The resulting instability of ratings has not only had direct procyclical effects, but has undermined confidence in the future stability of credit ratings.
-
Singled out for criticism were the inadequate historical data, which significantly increased model risk, and the fact that CRAs had not taken sufficient account of deteriorating lending standards.
-
CRAs' failure to publish verifiable data about their rating performance
- ...1 more annotation...
http://www.uiowa.edu/ifdebook/issues/financial_crisis/posters/Amanda%20Final%20Draft.pdf - 1 views
-
Overview of credit rating agencies and association with investment institutions.
« First
‹ Previous
121 - 140 of 150
Next ›
Showing 20▼ items per page
