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Credit Crisis Syndicate content

Money | 11/13/2008 7:50 am

October Saw 85,000 More Home Foreclosures; New HUD Mortgage Rules

Last month’s foreclosure rate was 25% higher than October 2007; jobless claims reach 7-year high
By The Staff at wowOwow.com

SHEconomics | 11/10/2008 4:00 am

Hedge Funds: Apocalypse Now or the Quickest Route to Carrie Bradshaw’s Wardrobe? by Liz Peek

SHEconomics: Bringing women up to speed, Chapter 1
By Liz Peek

Money | 10/30/2008 10:20 am

At Risk of Foreclosure? Help May Be on the Way

Treasury, FDIC working on plan to have government guarantee the mortgages of up to three million distressed homeowners; GDP shows signs of recession
By The Staff at wowOwow.com

The Greatest Depression | 10/24/2008 6:00 am

Greenspan Shrugged? Did Ayn Rand Cause Our Financial Crisis?

Alan Greenspan tells a congressional panel he’s shocked — shocked — that enlightened "self interest" among bankers— a belief born out of his allegiance to the controversial author — didn’t pan out quite as he expected
By Deborah Jones Barrow, Editor-in-Chief, wowOwow

The Etceterist | 10/20/2008 6:25 am

A Credit Crisis How-To: From Fashionista to Recessionista

From NetJets to Netflix, the Etceterist is moving from fashionista to recessionista

Money | 10/14/2008 7:45 am

U.S. Government to Become Stakeholder in Major Banks

President Bush today to announce plan for government to buy stake in nation’s nine largest banks to stabilize market
By The Staff at wowOwow.com

Money | 09/30/2008 8:05 am

Washington-Wall Street Crisis: The Wow Reader Forum

A round-up of wowOwow articles about the financial crisis…plus THE place to weigh in…

Politics | 09/24/2008 3:30 pm

John McCain Suspends Campaign, Asks to Postpone Friday Presidential Debate UPDATE

Update:  President Bush Addresses the Nation 9 EST….With declining poll numbers and growing anger among the mainstream American public about the Wall Street fiasco, McCain rolls the dice

Money | 09/17/2008 6:50 am

Sorry Lehman, AIG Is Rescued by the Fed

The U.S. Government agrees to provide up to $85 billion in a loan to rescue American International Group
By The Staff at wowOwow.com

Money | 09/16/2008 10:45 am

AIG NEWS: AIG Credit Downgrade, Shares Plummet, Federal Reserve Steps In

AIG’s ship sunk deeper amid falling stock prices and poor credit ratings. Insurance giant American International Group now has very little time to sell assets and receive loans to keep itself afloat
By The Staff at wowOwow.com

Politics | 09/15/2008 12:15 pm

As AIG Begs for Cash, Will the Insurance Giants Follow in Lehman Brothers' Footsteps?

Perhaps Lehman Brothers hoped the government would save them like they did just last weekend for mortgage giants Fannie Mae and Freddie Mac when the government-regulated Federal Housing Finance Agency seized control. Today it’s being reported that another great financial institute, American International Group, might follow in Lehman’s footsteps
By The Staff at wowOwow.com

Politics | 09/15/2008 7:30 am

Wilbur Ross Tells CNBC That 'A Thousand Regional Banks Could Fail,' FDIC Basics For Depositors

wowOwow says: It’s time to make sure your individual accounts fall under FDIC limits and protections. Links to FDIC basics here
By The Staff at wowOwow.com

Reader Forum | 09/14/2008 4:45 pm

Reader Forum on The Lehman Brothers Melt-down: UPDATE 9/15, 8:30

For wowOwow-ers interested in discussing the weekend’s dramatic events on Wall Street  here’s a forum thread we started yesterday afternoon.