credit markets
Fed auctions $75b to ease credit stresses
Posted May 20th, 2008 by California Home LoanWASHINGTON -- Working to relieve stressed credit markets, the Federal Reserve has auctioned another $75 billion in loans to squeezed banks, bringing the total to $510 billion since December.
Clear Channel terms reflect tight credit, ad slump
Posted May 14th, 2008 by California Home LoanNEW YORK -- A lot has changed in the year and a half since radio industry leader Clear Channel Communications Inc. struck a deal to go private. Credit markets seized up, radio advertising continued to falter and another radio buyout deal failed.
MBIA slides to huge 1Q loss on hefty charges
Posted May 12th, 2008 by California Home LoanNEW YORK -- MBIA Inc. swung to a $2.41 billion loss during the first quarter as the bond insurer faced ongoing deterioration in the credit markets and recorded billions in write-downs.
Citigroup Announces Plan To Shed $400 Billion in Assets
Posted May 10th, 2008 by California Home LoanFed auctions $75 billion to banks to ease credit stresses
Posted May 6th, 2008 by California Home LoanWASHINGTON -- Battling to relieve stressed credit markets, the Federal Reserve said Tuesday it has provided a total of $435 billion in short-term loans to squeezed banks since December to help them overcome credit problems.
Global central banks extend lifeline to credit markets
Posted May 2nd, 2008 by California Home LoanWASHINGTON/FRANKFURT (Reuters) - The Federal Reserve joined two European central banks on Friday in expanding programs to spread more cash through the banking system in hopes of restoring confidence in credit markets.
Wall Street looks for cues from Federal Reserve meeting
Posted April 27th, 2008 by California Home LoanNEW YORK -- What a difference six weeks makes. Right before the last Federal Reserve meeting, investors were worried about the global banking system imploding. Now, investors are betting the credit markets are on the mend and Wall Street is looking forward to an economic recovery.
Fed to auction $75 billion in Treasuries to ease credit woes
Posted April 23rd, 2008 by California Home LoanWASHINGTON -- The Federal Reserve announced Wednesday it will auction an additional $75 billion in super-safe Treasury securities to big investment firms, part of an ongoing effort to help strained credit markets.
Fed auctions another $50 billion to banks
Posted April 22nd, 2008 by California Home LoanTreasuries decline as shadow is cast on more Fed rate cuts
Posted April 21st, 2008 by California Home LoanNEW YORK -- Treasury prices fell Monday as investors speculated that the Federal Reserve would follow the Bank of England's lead in using means beyond cutting interest rates to ease tightness in the credit markets.