Banks borrow $50bn via new Fed facility; Unease over indirect government support...
U.S. Credit Markets Collapsing! : The U.S. credit markets, the giant growth engine that powers the American economy, are collapsing ... with few credit sectors spared from damage, few investors escaping losses, and little hope of federal action that's quick or strong enough to make a major difference.
Two hedge funds operated by Citigroup face financial troubles Citigroup Inc has barred investors in one of its hedge funds from withdrawing their money, and a new leveraged fund lost 52 per cent in its first three months, the Wall Street Journal reported on Friday.
Unemployment Rate Hides Rise In Longterm Jobless
US Banks Borrow $50B Via New Fed Facility
Northern Rock Nationalised - Shares Frozen
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