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Bankrupt global financial institutions
Latest Major Bankruptcy News
2007 06 13 IndyMac Sued Over Investor Claims It Hid Loan Losses
2008 06 30 IndyMac to Trim Operations, Not Shut Down, Perry Says
2008 07 01 IndyMac Chief Financial Officer A. Scott Keys Resigns
2008 07 07…
Add South Africa to housing victims list
When the Economist warned in 2005 that residential property prices were in bubble territory in many national markets, South Africa led the list by far with an eight-year price appreciation of 244%. Now it seems that bubble has popped…
Chart of the day: Dow 1928-1932
Bear markets are not an orgy of pain with indices going straight down. Along the way, there are always brief rallies which bring optimism that the worst is over.
Credit Crisis Timeline
The list below is the largest collection of links related to the present credit crisis on the web. I have been amending this list since May 2008. But, as the list is pretty large now, I have taken care to break it up into different…
The TED Spread
Note: This post is from April 2008 but is updated from time to time to reflect charts of the current market conditions
The TED spread is a common measure of fear and risk in the capital markets. Judging from where the TED spread is now…