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Mortgage Delinquencies Rise to Record on Job Losses
- Bloomberg
- 05/28/2009 08:51 AM
Two U.S. auto parts makers file Chapter 11
- Reuters
- 05/28/2009 05:30 AM
U.S. Weighs Single Agency to Regulate Banking Industry
- Washington Post
- 05/28/2009 04:46 AM
Quotable
“When the music stops, in terms of liquidity, things will be complicated. But as long as the music is playing, you've got to get up and dance. We’re still dancing."
Chuck Prince, Financial Times, July 10 2007
Commentary
Credit Bubble Bulletin
by Doug Noland | May 22
Inflationism’s Seductive Battle Cry
Stocks were able to tread water as the dollar and Treasuries tanked.
Read moreThe Bear's Lair
by Martin Hutchinson | May 26
Britain last week was put on negative credit watch by Standard and Poor's for downward re-rating from its current AAA.
Read moreFeatured Commentary
by James Quinn | May 5
If You Believe Banks Are Recovering …
The conspiracy theorists of the world believe the U.S. government faked the landing of Apollo 11 on the moon.
Read moreGuest Commentary
by Satyajit Das | May 18
Catastrophic to Awful! - The Banking Spin Cycle
The recent rally in equity markets – the largest for decades – was predicated, in part, on the improving fortune of banks.
Read more