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nakedcapitalism.com - 10/10/2008
US Considering Backing Bank Debt
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The US is considering more drastic measures to shore up the banking system, namely guaranteeing bank debt and removing the ceiling on deposit guarantees. The idea of insuring bank debt may seem odd, given that writers like John Hussman have urged that bank bondholders, who knew the risks of ...
globaleconomydoesmatter.blogspot.com - 10/10/2008
The Global Economy – Is Deflation the Next Macro Story?
— globaleconomydoesmatter.blogspot.com — by Claus Vistesen: Lausanne As the horror story of financial markets continues at full speed it may... seem a rather futile endeavor to try to make sense of what is increasingly becoming senseless by the day. Yet, you hardly need to be a financial ... (more) The Global Economy – Is Deflation the Next Macro Story?
Comments vote down BONOBO LAND found this 10/10/2008found this
"Are Central Banks Making Libor WORSE?"
nakedcapitalism.com - 10/12/2008
"Are Central Banks Making Libor WORSE?"
— nakedcapitalism.com — Equity analyst and market commentator James Bianco of Arbor Research e-maileda a discussion of the breakdown of... interbank lending to us along with a few others, His note illustrates a point made by FT Alphaville a couple of weeks ago that we have ... (more) "Are Central Banks Making Libor WORSE?"

Comments vote down The Aleph Blog found this 10/12/2008found this
bloomberg.com - 10/9/2008
Libor Dollar Rate Jumps to Highest in Year; Credit Stays Frozen
— bloomberg.com — Oct. 9 (Bloomberg) -- The cost of borrowing in dollars for three months in London soared to... the highest level this year as coordinated interest-rate reductions worldwide failed to revive lending among banks for any longer than a day. Attempts by ... (more) Libor Dollar Rate Jumps to Highest in Year; Credit Stays ...

Comments vote down BloggingStocks found this 10/9/2008found this

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FT Alphaville:  Further reading

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Further reading
FT Alphaville — ... can do. - “Believe it or not, it is cheaper to i nsure the debt than pick up the pieces (in this environment) of losses on the credit default swaps.” - Sad guys on ...

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