The banking crisis: Till debt us do part – Times Online

Posted by Matt in December 12th, 2009 | no comment

Published in Financial, Banking Crisis, Debt, Governments

Some governments are borrowing so much that markets are becoming wary and may stop lending to them. Could this be the next leg of the crisis?
The banking crisis: Till debt us do part – Times Online

Financial crisis in Russia: It’s time for smaller Russian banks to sink or swim – Telegraph

Posted by Matt in October 29th, 2009 | no comment

Published in Russia, Banking Crisis, Financial Crisis, Global Financial Crisis, Russia, Russian Banks, Russian Market, Second Wave, Telegraph

Despite outward calm and continuing reports of stabilisation and growth, the Russian market has been hit by the second wave of the banking crisis. This latest wave hasn’t engulfed everyone, though, having had most impact on second- and third-tier banks.
Financial crisis in Russia: It’s time for smaller Russian banks to sink or swim – Telegraph

Get Ready for More Bank Failures – BusinessWeek

Posted by Matt in September 15th, 2009 | no comment

Published in Economy, Bank Failures, Banking Crisis, Banks, Businessweek, Condominium Developers, Construction Loans, Corus Bank, Federal Deposit Insurance, Federal Deposit Insurance Corp, Financial Crisis, Global Financial Crisis, Insurance, Lifetime, Measures, Pace

By most measures, the past year has been the worst financial crisis in a lifetime. But not by one significant measure: Bank failures.
The Federal Deposit Insurance Corp. has closed 92 banks so far in 2009, after seizing 25 ailing banks last year. By contrast, during the last banking crisis, 381 banks were seized in 1990, [...]

From Financial Crisis to Debt Crisis? – International Business Times -

Posted by Matt in September 11th, 2009 | no comment

Published in Economy, Financial, Banking Crisis, Business Times, Debt Crisis, Economics, Financial Crises, Financial Crisis, Financial Institutions And Markets, Financial Markets, Fiscal Deficits, Full Blast, Global Financial Crisis, Government Debt, Governments Of The World, Interest Rates, International Business, Investors, Policy Interest, Reason, Safety Net, Stimulus, Vulnerability

The answer is not very reassuring. First, the fact is that economics tells us much more about a country’s vulnerability to financial crises than it does about the timing. Second, there is every reason to worry that the banking crisis has simply morphed into a long-term government debt crisis.
After all, why exactly are most [...]

Loan Crisis Looming in Eastern Europe?

Posted by Matt in June 9th, 2009 | no comment

Published in Europe, Asia Crisis, Banking Crisis, Brink, Central And Eastern Europe, Central Europe, Currency Reserves, Eastern Europe, Ebrd, Economists, Emerging Europe, European Bank For Reconstruction And Development, Fallout 2, Financial Crisis, Forbes, Foreign Currency, Global Financial Crisis, guardian, Neighbors, Npls, Peg, Reconstruction, Risk Loans, Western Banks

Some €180 billion in loans are ‘at risk’ in Central and Eastern Europe. If they went bad, could Western banks afford it? Should the West intervene now?
Nobody knows just how fast these “at-risk” loans are turning into NPLs, just that they are. The European Bank for Reconstruction and Development (EBRD), which warned of a potential [...]

Russia banking crisis just beginning: top banker

Posted by Matt in April 11th, 2009 | no comment

Published in Economy, Financial, Russia, Banking Crisis, Banking System, Financial Crisis, German Gref, Global Financial Crisis, Loans, Prime Minister, Russia, Vladimir Putin

Russia’s banking crisis has only just begun and the government has been slow to react, the head of its largest bank said Wednesday, contradicting optimistic comments by Prime Minister Vladimir Putin.
The blunt comments by Sberbank chief executive German Gref, who also said bad loans in Russia were increasing by 20 percent a month, came just [...]

7 Reasons Why the Big, Bad Bear Will Return

Posted by Matt in April 8th, 2009 | 1 comment

Published in Economy, AIG, Amount Of Money, Bad Trades, Bank Bailout, Banking Crisis, Conflicts Of Interest, Credit Bubble, Cronyism, Financial Advisors, Financial Institutions, Financial Muscle, Fiscal Sanity, Global Recession, Goldman Sachs, Great Depression, Housing Market, International Monetary Fund, International Monetary Fund Imf, Jp Morgan, Rat Hole, Slippery Slope

Reason #1: The Banking Crisis Still isn’t Fixed … It’s Getting Worse!
Reason #2: Job Losses are the Worst Since the Great Depression
Reason #3: The Deleveraging of the U.S. Credit Bubble Has Already Begun. And It isn’t Pretty …
Reason #4: Credit Cards are Imploding
Reason #5: It’s Probably WA-A-A-AY Too Soon To Call a Bottom in the [...]

Europe On the Ropes

Posted by Matt in March 2nd, 2009 | no comment

Published in Economy, Europe, Financial, Absolute Return, Alan Greenspan, Bank Executives, Banking Crisis, Barack Obama, British Chancellor, Chancellor Of The Exchequer, Discu, Federal Reserve Bank, Financial Crisis, Global Financial Crisis, Gordon Brown, Grave Mistakes, Important Events, Policy Proposals, Poor Risk Assessment, Probability Distributions, Profound Effect, Quants, Stark Reality, True Cause, True Probability

The Absolute Return Letter March 2009
“Many of today’s policy proposals start from the view that “greed” and “incompetence” and “poor risk assessment” are the ultimate source of what went wrong. In fact, they were not the true cause at all. Moreover, even if they had been, it is fatuous to think that we will now [...]

Eastern Europe Credit Crisis

Posted by Matt in February 25th, 2009 | no comment

Published in Europe, Financial, Asian Economic Crisis, Axel Weber, Baltic Business, Baltic Countries, Banking Crisis, Central And Eastern Europe, Cnn, Contagion, Countries That Use The Euro, Credit Crisis, Credit Markets, Crisis Prevention, Eastern Europe, Eastern European Economies, Economic Slowdown, Europe Time, European Banking, European Banks, European Voice, Financial Contagion, Financial Meltdown, Global Financial Crisis, Herald Tribune France, International Herald Tribune, International Monetary Fund, Lew Rockwell, Municipal Bonds, Ninemsn, Oracle World, President Of Germany, Rome Burns, Sydney Morning Herald

Economic Crisis Hits Eastern Europe
TIME – USA
(See 25 people to blame for the financial crisis.) The IMF, which has
already provided $39 billion in emergency loans to shore up Eastern
European economies …
<http://www.time.com/time/business/article/0,8599,1881715,00.html>
As It Falters, Eastern Europe Raises Risks
New York Times, United States – Feb 23, 2009
“International credit markets are linked, and so a snowballing credit crisis [...]