Sunday, July 27, 2008

more economic troubles.



FDIC takes over 2 more banks, closing 28 branches...

US markets drop after triple blow: US markets have dropped by more than two per cent after yet another fall in US home sales, a rise in jobless claims and record losses posted by the second-biggest car maker in the country.

US home foreclosures jump 14% in 2nd quarter: survey: On an annual basis, home foreclosure filings soared 121 percent from the same period in 2007, RealtyTrac said in releasing a survey of the country's 100 largest metropolitan areas.

Putting The 'Federal' Back In Federal Reserve

US Housing Still Overvalued By 20%

US Foreclosures Double As House Prices Decline

1/3 Brits Broke In 2 Weeks If Out Of Work

US Auto Meltdown - Ford Loses Record $8.7B

Panic Growing On Wall Street

Gold Ambushed

The Death Knell Of Bernankeism

2nd Mtge Holders (Banks) To Be Bailed Out, Too

Greatest Transfer Of Wealth In History Nears

Evidence Of US Banking System At Brink Of Collapse

Banking Crisis Alert - How Safe is Your Bank?

UK Retail Sales In Worst Dive In 22 Yrs

Death Spiral Financing At Citi, Merrill, WaMu

Dubai's Oil Boom Financial Centre Heads For Bust?

Chavez Seeks Joint Bank With Russia

'Diversity' Was Used To Create Mortgage Crisis

Wall St Truth Slips Out In Bush Private Remarks

Crashed IndyMac Bank Not On FDIC's Watch List!

What Happens When The FDIC Runs Out Of Money?

A Golden Parachute With A Silver Lining?

Global Credit Crisis Takes Hold In Japan

UK Housing - New Mortgages Plummet 70%

Wachovia Loses $8.9B, Cuts 6,350 Workers, Dividends

Fannie, Freddie Rescue May Cost Taxpayers $25B

BoE Warns UK House Prices Could Dive 30%

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