Bleed The World
posted by fearfulsymmetry on Dec 11, 2008 - 20 comments

Icelandic internet bank Icesave has closed its doors. The Icelandic government has told the UK chancellor that it cannot pay back the money of UK depositors. [more inside]
posted by Happy Dave on Oct 8, 2008 - 84 comments

Paulson: Foreign Banks Can Use US Rescue Plan. Treasury Fact Sheet, "broader eligibility" if Paulson decides. Pressure builds at Morgan, Goldman. You Decide (kinda), probably no one listens.
posted by wallstreet1929 on Sep 21, 2008 - 200 comments

This isn't 1998. There's no model for what's happening now in the housing and mortgage industries. 116 mortgage lenders have imploded since 2006. 11 hedge funds have imploded in just the last couple months. Time to warm up the helicopters?
posted by wallstreet1929 on Aug 11, 2007 - 126 comments