banks – Page 98 – Credit Writedowns

Credit Writedowns

Finance, Economics, and Markets

Amex: paying cardholders to close accounts

America needs a pre-privatization plan

Nationalization talk everywhere

Citi: looking for as much as a 40% stake from the government

Yves Smith: Nationalization is what the FDIC is doing every week

Bank stocks under $10 a share

Hypo Real Estate: 600 billion in off-balance sheet assets

Foreign investors dump Danske Bank

Meredith Whitney says nationalization is wrong and banks will lose money

Video: The Wall Street Journal talks about Eastern Europe