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Video: FDIC Insurance Fund In the Red
marketnewslive.blogspot.com — The FDIC's insurance fund posted a loss of $8.2 billion in 3Q of 2009. The agency added... 136 insured banks to its list of "problem" banks. (more) Video: FDIC Insurance Fund In the Red
Video: Geithner urges banks to lend
marketnewslive.blogspot.com — At a Washington event dedicated to small business, Treasury Secretary Timothy Geithner urged banks to step up... to the plate and lend more money in order to keep the economic revival growing. (more) Video: Geithner urges banks to lend
Video: Goldman Sachs Announces Small Business Initiative
marketnewslive.blogspot.com — Goldman Sachs apologized for its role in the financial crisis, and pledged $500 million to help small... businesses. The "10, 000 Small Businesses Initiative" comes as the investment bank faces widespread criticism. (more) Video: Goldman Sachs Announces Small Business Initiative
Unrated Debt an Emerging Global Trend
Unrated Debt an Emerging Global Trend
blog.ockhamresearch.com — Once thought inconceivable, an interesting trend was uncovered in the October 29th The Wall Street Journal ,... there are a number of debt issuing firms foregoing the traditional credit rating process.  In an article titled Credit Rating Now Optional, Firms Find , the Journal points out some ... (more) Unrated Debt an Emerging Global Trend
Video: Federal Reserve Says Banks Will Tighten Credit Terms
marketnewslive.blogspot.com — The Federal Reserve released quarterly survey results today that showed banks are expecting to tighten credit terms.... In reaction to a new law to protect consumers from unexcited rate hikes, the Fed said banks will hike rates, cut credit limits, and raise annual fees for borrowers with good and risky (more) Video: Federal Reserve Says Banks Will Tighten Credit Terms