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85 ArticlesCrisis 2008

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One Lakh in Jan 2008 = What today?

An interesting ET snippet of what a one lakh investment in Jan 08 would be worth today. Some stocks are down 80+% from their highs, and none of these companies ...

Indian Liquid Funds “break the buck”

From Value Research Online: Reserve Bank comes to the support of Cash Funds: RBI has decided to provide a temporary credit line to funds to enable them to ...

Pakistan in some deep trouble along with Iceland

Pakistan has some serious serious problems, as is hidden in an article titled “Pakistan to unfreeze stocks by October 27“: (HT: Kaushik) “The ...

$250 billion going to U.S. bank capital

From NYT: US Investing $250 billion in banks Of the $250 billion, which will come from the $700 billion bailout approved by Congress, half is to be injected ...

Lehman CDS Auction: 91.38 cents on the dollar

That’s what Bloomberg says (Lehman Credit-Swap Auction Sets Payout of 91.38 Cents on Dollar). Sellers of credit-default protection on bankrupt Lehman ...

Iceland cracks, Mobius likes India, Ted Spread and more

There seems to be news all the time nowadays. Iceland now shuts down stock exchange for two days, and creates a new bank. This is a country in bad shape ...

Crash boom bang

What a day! My net connection was fried so I was over at Kaushik’s place watching the drama unfold. From an open 4% down, the index promptly went to a ...

Bailouts Everywhere

After Ireland and Greece, Germany guarantees all deposits (translation, bloomberg link) Iceland thinking of a $14 billion rescue (which for Iceland is a LOT of ...

Buffett Interview: Markets, excesses, bailout, fear

Listen to a one hour interview of Warren Buffett. Interesting thoughts: In my adult lifetime I don’t think I’ve ever seen people as fearful ...

Will the Bailout really change anything?

Thoughts: Look at Calculated Risk’s “ForeClosure Alley” post. The video there is fascinating – of entire neighbourhoods hit hard with ...