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business - "credit"
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Hands hits out at private equity salariesOne of the most senior figures in European private equity launched a sharp attack on the sector's pay structure and predicted its general partners' income would fall by 75% because of the credit crisis FT.com Tuesday, September 23, 2008
Information-hungry stay glued to CNBCIn an age when online bloggers are supposed to have increasing sway over the news agenda, the credit crisis has instead seen wall street and City traders and executives glued to cable television FT.com Tuesday, September 23, 2008
Fed plows $30 billion in money markets overseasThe Federal Reserve, in coordinated action with foreign central banks, plowed $30 billion into money markets overseas Wednesday, part of an ongoing effort to fight a global credit crisis. The Fed's action _ taken at 1 a.m. EDT _ sets up temporary 'swap'... San Francisco Chronicle Tuesday, September 23, 2008
Stocks extend fall as Street weighs bailout plan (AP)AP - Financial markets extended their declines Tuesday as investors worried that lawmakers were beginning to doubt the necessity of a broad government bailout for financial institutions as a way to revive ailing credit markets. yahoo.com Tuesday, September 23, 2008
AIG Signs Definitive Agreement with Fed of New York for $85B Credit FacilityAmerican International Group Inc. (AIG) announced that it has signed a definitive agreement with the Federal Reserve Bank of New York for a two-year, $85 billion revolving credit facility. Interest wi Insurancejournal.com Tuesday, September 23, 2008
Bailout plan sparks wide debate in CongressCongress and the White House are trying to come up with an emergency package to save both U.S. homeowners and the global credit market. Here's a look at the key issues of the debate. MSNBC.com Tuesday, September 23, 2008
Buffett injects $10bn into Goldman SachsWarren Buffett, the billionaire investor who foresaw the credit crisis, is investing up to $10bn in the US banking giant Goldman Sachs, in what is interpreted as a powerful signal that he sees long-te... The UK News Tuesday, September 23, 2008
Corporate America sits on its cashCorporate America waded into the darkest days of the credit crisis with more cash than ever before, a sign many of the US's biggest companies have been bracing for signs that Wall Street's problems will infiltrate the rest of the economy FT.com Tuesday, September 23, 2008
Sector Snap: Insurers mixed on financial rescue (AP)Shares of insurance companies were mixed Tuesday, with the broader market fluctuating after a huge sell-off as top economic officials updated Congress about efforts to hammer out a $700 billion financial rescue for troubled credit markets. yahoo.com Tuesday, September 23, 2008
Credit crisis concerns once again pound GE sharesBOSTON (Reuters) - General Electric Co shares fell about 4 percent on Tuesday after a stock analyst at Goldman Sachs cut his growth forecast for the conglomerate and investors worried about the prospects for a $700 billion bailout by Washington of the financial system. Reuters Tuesday, September 23, 2008
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Archived "business - credit" news stories.
Available news archives.
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