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Showing posts from September, 2008

three-month London interbank offered rate, or Libor, which banks charge each other, rose the most since 1999.

``structural weaknesses'' that surfaced this month in Russia's banking system and the possible impact of the global credit squeeze

Warren Buffett said more failures are coming, its inevitable

WaMu’s banking assets were sold to JPMorgan Chase & Co for $1.9 billion.

Fed announced late Sunday evening that it had approved the request, which will allow Goldman and Morgan Stanley to create commercial banks

Europeans had assumed they would be largely immune to the American financial crisis. Not any more.

Israeli banks are becoming increasingly nervous as financial institutions in the United States begin to topple

Central banks across the world scrambled to meet a desperate demand for cash on Friday, as U.S. authorities closed a bank

Australian banks were holding a record A$7.4 billion ($6.2 billion) on deposit at the central bank yesterday

Chinese regulators have told domestic banks to stop interbank lending to U.S.

FBI has opened preliminary investigations into several financial institutions whose collapse created chaos

Ameribank, Incorporated ,Pioneer Community Bank of Iaeger and The Citizens Savings Bank of Martins Ferry, Ohio have purchased Ameribank’s assets

Dharmesh Mohan Dullabh,has been charged with 11 counts of fraud relating to cases in Durban, Johannesburg and Cape Town.

Dozens of homes sitting empty and facing foreclosure in Central Florida because they were part of an elaborate mortgage fraud scheme.

5 million homeowners now delinquent or in foreclosure.

WHISTLEBLOWERS

Britain’s energy suppliers was axing 400 jobs

adverse feedback loop

Public finances in the red

Aurora Loan

mortgage-backed securities market