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 ...
RBI cuts CRR by another 1%. This will add 60,000 cr. of liquidity into the banking system. From the weekly supplement, it looks like RBI sold about $7.8 ...
Some people will not learn. U.S. exchanges may seek to impose a temporary ban on short sales for individual stocks that plunge as regulators seek to rein in a ...
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 ...
The Dow is currently trading below 10,000 – at 9,800, a level last seen in October 2004. In India, the Sensex went to the lows of September 2006. There ...
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 ...
The lure of guaranteed deposits is here. First, Ireland guarantees all deposits (upto 400 billion euros) at its banks. Then Greece butts in and says me too. ...
