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Senior Supervisors Group Issues Report on Management of Recent Credit Default Swap Credit Events
Senior financial supervisors from seven countries (collectively, the Senior Supervisors Group) today issued a report that assesses how firms manage their credit default swap activities related to the settlement of credit derivatives transactions terminated by the occurrence of a credit event.
NY Fed

Stimulus plan can boost firms big and small
Bailouts may not be in the cards, but one-year tax incentives might help small-business owners who buy new equipment.
Star Tribune

An Easy Solution to Debt Problem, IVA in Credit Crunch. Helpful Things to Remember
iva was introduced by the Insolvency look after 1986 as an possibility to bankruptcy. By this people differing heavy debt problems makes a proposal to their creditors to solve the uphill. If the propo...
Big News Network

Home buyers can get early access to tax credit - San Francisco Gate
-- For the housing market, it's the equivalent of financial alchemy, and it's hot: Turning the $8,000 federal home-purchase tax credit, which normally isn't spendable until after you've gotten your r...
Big News Network

Life Insurers Facing Cuts in Ratings
Life insurance companies, hobbled by real estate investments and committed to paying some costly retirement contracts, face more cuts in their credit ratings before the year is up.
New York Times

Conexus Credit Union selects Fiserv core banking platform
NASDAQ: FISV), announced today that Conexus Credit Union of Regina, Saskatchewan, Canadas seventh largest credit union with $3.69 billion in assets and 118,000 members, has chosen to implement its advanced iSpectrum core banking system...
creditunionaccess.com

Gold and Swine Flu Economics
James West submits: The irony of the emergence of a Swine Flu pandemic amidst an economic contraction brought on by glutinous gorging on credit and real estate in the United Casinos of America is surely not lost on barbed minds. The insistence by the World Health Organization that it be termed the far less ominous sounding "H1N1" is evidence of our collective predisposition to avoid calling a spade a spade if it has negative implications. That predisposition will be viewed by posterity, should there be any, as a terminal flaw in the human character of our era.The manifestation of a Swine Flu pandemic in the midst of a global economic meltdown does not bode well for the ‘recovery’, which, depending on who you listen to, is either well under way or years away. Our insistence on ignoring the simple solutions to both problems may yet herald the biggest historic instance of mass delusion and subsequent extinction of our kind.Complete Story »
Seeking Alpha

Fidelity to launch new Cayman Fund - Caymen Net News
Fidelity’s top management team: (L-R) Manager of Banking Services and Business Development Jim McLean; CEO and President Brett Hill; and Manager of Credit, Pierre Claassens. (Photo by Steve Knip...
Big News Network

May Day - plus one - Money Links
Fast Money Recap 5/1/09 Mad Money / Jim Cramer Daily Recap 5/1/09 Sell in May Get a Peer Loan with Lending Club 68 is never too old to learn to read. Dying on the Cheap Marbles Credit Card Closed to New Customers. Mad Money / Jim Cramer Daily Recap 4/30/09 fast Money Recap 4/30/09 5 Stocks I Owned That I Sold Right Before Big [...]
Deep Market

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