|
|
|
March 31, 2008 |
Brace for $1 Trillion Writedown of `Yertle the Turtle' Debt
Bloomberg
Yet $1 trillion is the amount of defaults and writedowns Americans will likely witness before they emerge at the far side of the bursting credit bubble, estimates Charles R. Morris in his shrewd primer, |
|
March 31, 2008 |
Paulson Plan Endorses Fed's Enhanced Market Authority
Bloomberg
Treasury Secretary Henry Paulson's plan to overhaul U.S. market regulation would officially endow the Federal Reserve with the broader authority that it has already accrued in the past two weeks. |
|
March 31, 2008 |
Sovereign wealth funds grow to $3.3 trillion
CNNMoney
Assets managed by sovereign wealth funds worldwide grew 18% last year to $3.3 trillion, the Financial Times reported Monday, citing a London think-tank. |
|
March 30, 2008 |
Bush and Brown in push to deal with banking crisis
Financial Times
George W. Bush, US president, and Gordon Brown, UK prime minister, have agreed to step up co-operation over the crisis in financial markets. They are setting up a joint working group which will develop plans to monitor and regulate the banking system. |
|
March 29, 2008 |
Treasury Dept. Plan Would Give Fed Wide New Power
New York Times
The Treasury Department will propose on Monday that Congress give the Federal Reserve broad new authority to oversee financial market stability, in effect allowing it to send SWAT teams into any corner of the industry or any institution that might pose a risk to the overall system. |
|
March 28, 2008 |
Crossing the Rubicon: Fed takes on Wall Street
Washington Post
In the past two weeks, the Federal Reserve, long the guardian of the nation's banks, has redefined its role to also become protector and overseer of Wall Street. |
|
March 28, 2008 |
Paulson to Propose New Regulators, SEC-CFTC Merger
Bloomberg
Treasury Secretary Henry Paulson is likely to call for the creation of new regulatory agencies with broad powers over lending, the securities industry and business conduct, according to the draft of a study he commissioned. |
|
March 27, 2008 |
Investment Firms Tap Fed for Billions
MyWay.com
Big Wall Street investment companies are taking advantage of the Federal Reserve's unprecedented offer to secure emergency loans, the central bank reported Thursday. |
|
March 21, 2008 |
Central banks float rescue ideas
Financial Times
Central banks on both sides of the Atlantic are actively engaged in discussions about the feasibility of mass purchases of mortgage-backed securities as a possible solution to the credit crisis. |
|
March 20, 2008 |
Investment Firms Tap Fed for Billions
Yahoo! News
Big Wall Street investment companies are taking advantage of the Federal Reserve's unprecedented offer to secure emergency loans, the central bank reported Thursday. |
|
|
|
