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Credit Crisis Indicators
Credit Crisis Indicators
Here is a quick look at a few credit indicators: First, the British Bankers' Association reported that the three-month dollar Libor rates were fixed at 1.166%. The LIBOR was at 1.30% a couple of weeks ago, and peaked at 4.81875% on Oct 10, 2008. This is near the January 14th low of 1.0825%.  ...
Muni Bonds May Face Downgrade
nytimes.com — Moody’s Investors Service assigned a negative outlook to the creditworthiness of all local governments in the United States, the agency said Tuesday, the first time it had ever issued such a blanket report on municipalities. The report signaled how ... (more) Muni Bonds May Face Downgrade
Moody’s Intrinsic Value
widemoatinvesting.wordpress.com — 2008 was a tough year for Moody’s Corporation, with free cash flow (FCF) levels falling to 2003 levels, or $450 million. In our previous analysis, we argued that Moody’s economic moat has shrunk over the last couple of years, as its credit ratings for ... (more) Moody’s Intrinsic Value
Default Count Rises to Highest Since Great Depression (Update1)
bloomberg.com — April 7 (Bloomberg) -- Thirty-five companies defaulted in March, the highest number in a single month since the Great Depression, according to Moody’s Investors Service . The rate at which speculative-grade corporate borrowers worldwide failed to ... (more) Default Count Rises to Highest Since Great Depression ...
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Readings: Financial models, RIL KG Basin reserves, Credit indicators
GalaTime — ... That’s17% of India’s GDP and 3.2 times the total value of all RIL shares — Rs 2.6 lakh crore. RIL’s partner, Canadian firm Niko Resources, had suggested in 2007 that the reserves were much higher than the 11 trillion cubic feet claimed by the Indian firm. However, neither RIL nor the government had confirmed or denied the suggestion made in Niko’s annual report for the year 2006. Calculated Risk: Credit Crisis Indicators There has been improvement in the ...

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An IFI successPaul Krugman
Credit where credit (line) is due: the G20 outcome was better than I expected, with something substantive and important emerging - namely, much bigger funding for international financial institutions (IFIs), plus expanded trade credit. This will help smaller, currency-crisis countries a lot. A ...
Welcome to the Museum of Natural Credit CrunchFT Alphaville
New York's Museum of American Finance is all over this crisis, erecting a "monumental 8x20 wall graphic" with video presentation, to educate to the public. Related links: The credit crisis is already fodder for a museum - FoxBusiness Gift shop - Museum of American Finance