Economy – Page 228 – Credit Writedowns

Credit Writedowns

Finance, Economics, and Markets

Morgan Stanley: Recession will ‘end by mid-to-late summer’

Repayments will make banks weaker and could lead to more failures

Ten big banks receive approval to repay TARP funds

Krugman sees recovery by end of Summer

Reaction to President Obama’s speech in Cairo on Charlie Rose

Payroll data mixed despite the bullish headline job loss figure

Unemployment rate climbs to 9.4%

Former Countrywide head Mozilo is charged by the SEC

Initial and continuing jobless claims decline

Strong May auto sales are bullish for retail sales