Tag Archives: money market fund

How Do You Know If You Are In Trouble?

Most Americans are not in trouble because of stock market losses in the past month. Most people’s income is not primarily effected by the stock market. If you are trying to get a loan, however, you’re suffering. People about to … Continue reading

Posted in economics, Economy | Tagged , , , , , | Comments Off on How Do You Know If You Are In Trouble?

The Market For Short-Term Loans

NEW YORK (CNNMoney.com) — The Federal Reserve announced a new program to help the battered market for short-term business loans – taking its closest step yet to lending directly to businesses. The program addresses commercial paper, a form of short-term … Continue reading

Posted in Economy | Tagged , , , , , | Comments Off on The Market For Short-Term Loans

36 Hours In The Credit Crisis

From the New York Times: It was early on Wednesday, Sept. 17, when executives at Pershing Square, Bill Ackman’s hedge fund, began getting nervous calls and e-mail messages from investors. Pershing investors still feared their money might be exposed. Up … Continue reading

Posted in Politics | Tagged , , , , , | Comments Off on 36 Hours In The Credit Crisis

What You Need To Know About The Credit Crisis

From MSNBC: If you bank with a credit union, make sure that it is insured under the National Credit Union Insurance Fund, which provides similar protections for credit union account holders. Retirement investments The FDIC also provides coverage of up … Continue reading

Posted in Credit Cards, credit default swaps, Credit Line, credit scores | Tagged , , , , , | Comments Off on What You Need To Know About The Credit Crisis

What’s The Inside Story On The Bail-Out?

From the Times of London: The dramatic falls in share prices of banks last week following the collapse of Lehman Brothers, the Wall Street investment bank, last weekend forced the Bush administration to take drastic action in a bid to … Continue reading

Posted in Politics | Tagged , , , , , | Comments Off on What’s The Inside Story On The Bail-Out?

Bailing Out Bad Mortgages

From SFGate.com: The centerpiece of the program is a plan to take hundreds of billions of dollars of troubled mortgage loans off the books of financial institutions and put them into the hands of the government. Financial markets responded enthusiastically … Continue reading

Posted in mortgage | Tagged , , , , , | Comments Off on Bailing Out Bad Mortgages

The New Plan To Restore Order

From MSNBC: Protection for money market funds The Treasury announced it will guarantee money market mutual fund deposits with $50 billion tapped from the Exchange Stabilization Fund, a Depression-era agency intended to stop panics in foreign exchange markets. Money market … Continue reading

Posted in wall street | Tagged , , , , , | Comments Off on The New Plan To Restore Order

Guaranteeing Money Market Funds

From the New York Times: The Treasury Department announced that, at least temporarily, it would guarantee money market funds against losses up to $50 billion. Money funds held more than $3.4 trillion in investor funds, as of the most recent … Continue reading

Posted in wall street | Tagged , , , , , | Comments Off on Guaranteeing Money Market Funds

SEC Downgrades Importance Of Credit Ratings

WASHINGTON (Reuters) – Securities regulators proposed weaning investors and Wall Street institutions from over-reliance on credit ratings, part of changes to the rating industry prompted by the subprime mortgage crisis. The Securities and Exchange Commission voted 3-0 on Wednesday in … Continue reading

Posted in SEC | Tagged , , , , , | Comments Off on SEC Downgrades Importance Of Credit Ratings