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`Great Recession` slashes world`s wealth
BLACKSTONE Group CEO Stephen Schwarzman has said that up to 45 per cent of global wealth has been destroyed by the credit crisis.
Cnet

Credit Card Investments Still Substantial Risk
Credit card companies are breaking down and this may be the beginning of the next...
Mr. Swing

Credit Markets: Cost to buy protection against U.S. government default surges
The cost of buying protection against the risk that the United States will default on its mounting debt has surged in the past months, outpacing the rise in corporate-credit costs, now that the government has absorbed more private-sector debt.
Market Watch

State Housing Agencies Pinched
The credit crunch has claimed another group of victims: housing-finance agencies operated by state governments that cater to first-time homeowners.
Real Estate Journal

Atlanta`s bond rating downgraded by Standard & Poors
The city of Atlanta's bond rating has been downgraded by a key credit rating agency.
Biz Journal

Lessons from a 1930s rebound that petered out
The analogue of the 1929 Wall Street crash is not the 2007 credit crunch, but the 2000 bursting of the New Economy bubble, writes John Kay
FT

Hopes slim for Alberta oil royalty plan
Credit for well drilling will cost province $1.5-billion, but analyst's report predicts benefit will be ‘minimal'
The Globe and Mail

Alert - 17:15 (CET) - Gold loses the 900 dollars support
The words from the Citigroup Inc. CEO, about the better results from the Q4, triggered the speculation that the worst in the financial sector crisis is over. This way, the investors are getting out of the precious metals, as the credit tensions calm. At 895.25 dollars per ounce, the XAU/USD lost the 900.00 dollars support and the traders are now watching the next supports at 89.95 ...
Alerts Feed

In Addition to TALF, More Credit for Small Business - BusinessWeek
In Addition to TALF, More Credit for Small BusinessBusinessWeekTrade Gold at Forex.com Real-time quotes, charts, news, research amp; tools. Try a risk-free practice account. Study accredited UK postgraduate degrees Earn an industry focused accredited masters degree in 1 year full-time or 3 years online. ...
Info 5000

Aberdeen Group : Cash is King! CFOs Leverage Accounts Payable to Improve Cash Positions and Contain Costs
BOSTON, MA (MARKET WIRE) CFOs are most concerned about managing their cash flow and cutting costs to ensure liquidity and mitigate the inherent risks of operating during this period of pervasive uncertainty and limited credit availability, reports ' The CFO's View of Accounts Payable: Cash is King,' a new study by Aberdeen Group, a Harte-Hanks Company (NYSE: HHS). To obtain a complimentary copy of the report, visit: http://www.aberdeen.com/summary/report/benchmark/5808-RA-accounts-payable- procurement.asp.
Market Wire

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