Economy – Page 248 – Credit Writedowns

Credit Writedowns

Finance, Economics, and Markets

U.S. government near deal on another AIG bailout

BofA carrying loans on books for $44 billion above fair value

Banks seized by FDIC in Nevada and Illinois

General Electric to cut dividend by over 67%

My take on the latest Citigroup bailout

RBS reports a record loss of 24 billion pounds

Citigroup and Redecard: shedding international assets

Bloomberg talks Eastern Europe as Latvia downgraded

Russian economic collapse

Quote of the day: Wells and BofA are choking on acquisitions