Credit crunch 'to hit UK growth'
Story date: 2007-10-21 08:06:00
Added on: 2007-10-21 11:59:11
BBC Business - Record defaults on sub-prime mortgages in the US left many banks uncertain about the value of some of the debt they held and ... Having to reverse gear may not be such a bad thing," he said. The report cites over-exposed hedge funds, private equity ...
Read more...
Related Stories:
-
Lina Saigol: Banks seem too keen to join Rio bandwagon
Financial Times - More shrewdly, it should make sure there are hardly any banks left to provide the debt or equity needed...
2007-11-11 02:27:00 -
Mortgages in negative equity jump by 174pc - South China Morning Post
Banks have tightened lending on residential property in the past few months due to the uncertain market outlook. But a plan by...
2008-11-21 03:49:00 -
European Two-Year Notes Fall as Money-Supply Data May Rise
Bloomberg - The Frankfurt-based ECB left interest rates unchanged in September after losses linked to U.S. subprime mortgages made banks reluctant to...
2007-11-28 02:11:00 -
Fannie, Freddie capital raising options uncertain (INO News)
(AP:NEW YORK) As mortgage financiers Fannie Mae and Freddie Mac struggle with continuing credit losses, their ability to raise needed capital is...
2008-08-19 02:32:58 -
How not to rescue home loans
Christian Science Monitor - Judges would be expected to guess a home's current value and "cram down" the mortgage to that level....
2008-02-25 11:24:00 -
Third of over 55s face retirement in debt - Shropshire Star
One in three over 55s have ten years or more left on their mortgages – so face heading into retirement in debt....
2008-10-02 05:00:00 -
U.S., banks craft foreclosure rescue plan (Chicago Tribune)
But exactly who gets the help is uncertain A plan under negotiation between the Bush administration and major financial...
2007-12-01 06:00:00 -
Sector Snap: Utilities
Forbes - ... both when the Federal Reserve cuts interest rates and ... left uncertain in the wake of the subprime...
2007-09-04 10:06:00