Owner: Market Bailout - News on the Economic Crisis and Financial Bailout URL:www.MarketBailout.com Join Date: Sat, 18 Oct 2008 17:24:11 -0500 Rating:0 Site Description: MarketBailout.com is your source for news and information on the worldwide economic front. Get the full story on the stock market, bailouts of lending institutions and banks, personal and small business finance, political developments in the financial wor Site statistics:Click here
Rates drop again, but you still can’t get credit! 2008-10-17 22:58:36 You can afford it, but you still can’t have it.
NEW YORK - Bank-to-bank lending rates eased further Friday and demand for Treasury bills let up slightly, but there are still signs the companies that need credit
most might not be able to get it.
Corporate bonds are being issued at the weakest pace in a decade, [...] Read more:Rates
Dow Records 2nd Largest Drop Ever 2008-10-15 18:18:33 From CNNMoney: NEW YORK (CNNMoney.com) — Recession talk scared Wall Street Wednesday, sending the Dow Jones industrial average to its second biggest one-day point loss ever.
A weak retail sales report and dour forecasts from the Federal Reserve, coupled with sober comments from Fed Chairman Ben Bernanke, sent stocks tumbling.
The Dow Jones industrial average (INDU) fell [...] Read more:Largest
, Records
Nasdaq Stock Exchange 2008-10-11 12:48:12 From Wikipedia:
The NASDAQ (acronym of National Association of Securities Dealers Automated Quotations) is an American stock exchange. It is the largest electronic screen-based equity securities trading market in the United States. With approximately 3,200 companies, it has more trading volume per day than any other stock exchange in the world.
It was founded in 1971 by [...] Read more:Exchange
, Nasdaq
, Stock
AIG gets $85 Billion Bailout 2008-10-11 11:41:13 From The Wall Street Journal:
The U.S. government seized control of American International Group Inc. — one of the world’s biggest insurers — in an $85 billion deal that signaled the intensity of its concerns about the danger a collapse could pose to the financial system.
The step marks a dramatic turnabout for the federal government, which [...]
Home Prices Plunge 16.6% in the Past Year 2008-10-28 18:08:43 From BloggingStocks: The decline in U.S. home values continues. Home prices in 20 top U.S. cities declined at the fastest pace ever, on a year-over-year basis, as foreclosures increased and banks sought to unload homes by selling at cut-rate prices.
Home prices in a 20-city sample plunged 16.6% in August, on a year-over-year basis in, according [...] Read more:Home Prices
, Prices
Democratic Leaders Stymie $25 Billion Auto Bailout 2008-11-24 17:45:21 Thursday, Democratic
leaders denied General Motors Corp., Ford Motor Co., and Chrysler LLC a $25 billion bailout to provide aid to the ailing American auto industry. The Big Three U.S. automakers are struggling to stay afloat heading into 2009 amongst an economic meltdown. It was recorded that the companies had burned through almost $18 billion in [...] Read more:Leaders
AIG gets $85 Billion Bailout 2008-10-11 11:41:13 From The Wall Street Journal:
The U.S. government seized control of American International Group Inc. — one of the world’s biggest insurers — in an $85 billion deal that signaled the intensity of its concerns about the danger a collapse could pose to the financial system.
The step marks a dramatic turnabout for the federal government, which [...]
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