credit – Page 27 – Credit Writedowns

Credit Writedowns

Finance, Economics, and Markets

Economics in the Age of Deleveraging

The Fetish for Liquidity (and Reform of the Financial System)

Banking Wasn’t Meant to Be Like This

Stephen Roach on US, the Fed, China, and Europe

More on the Fed – Obama stimulus plan

The Fed’s Rate easing and Obama’s Mortgage refi plan are bullish

On building debt

First Act of Greek Default Proceedings Drawing to a Close

Chart of the Day: Developed economies’ debt levels by sector

The Long Term Refinancing Operation was the hidden bazooka