default – Page 17 – Credit Writedowns

Credit Writedowns

Finance, Economics, and Markets

Europe has just eviscerated the sovereign CDS market

How the latest emergency euro summit addresses the sovereign debt crisis

Four biggest lessons from Iceland’s brush with national bankruptcy

Europe’s Non-Solution

Fed Outgunned, EMU Outflanked

Harrisburg Fails to Get the Word

Juncker: It may not be enough even if Greece defaults with 60 percent haircut

In which Jim O’Neill says muddling through leads to deepening crisis

Felix Zulauf: expect more market turmoil than in 2008

More on the S&P bear market and the central bank liquidity train