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http://www.bloomberg.com/apps/news?pid=20601087&sid=aTxRyrtynyBs&refer=home Asia Corporate Bond Sales Plunge 60%% on Economy, Credit Woes By Patricia Kuo June 27 (Bloomberg) -- Corporate bond sales in dollars, euros and yen by Asian companies have plunged 60 percent this year, as rising inflation and slowing economic growth douse credit demand. Companies led by Vedanta Resources Plc,
Real-estate woes of banks mount Lenders dumping bad loans at discount; regulators see losses continuing. Michael Corkery, Jonathan Karp And Damian Paletta, Wall Street Journal 06 Jun 2008 04:36 Federal regulators warned Thursday that banking-industry turmoil would continue as financial institutions come to terms with piles of bad loans they made to finance the construction of homes and condominiums
On Tue, 3 Jun 2008 02:22:00 -0500, "torresD" <torresd30@hotmail.com> wrote: It is indeed a terrible situation the Bush Cabal has managed to get us into, with their "deregulation"! That was just a code word for letting their "barbarians" inside the gates to plunder. Had our regulators been on the job, the subprime theft could not have proceeded very far. But, it was needed as a short
http://www.informationclearinghouse.info/article20027.htm Kunstler: "The Remorseless Algebra of a Deflationary Death Spiral" By Mike Whitney 02/05/08 "ICH" -- -- Look around. The evidence of a withering economy is everywhere. In "good times" consumers shun the canned meat aisle altogether, but no more. Today, Spam sales are soaring; grocery stores can't keep it on the shelves
