Credit woes drive HK stocks to worst wk in six years

Story date: 2008-03-07 01:45:00
Added on: 2008-03-08 22:45:37

Forbes - Private equity groups dealt with margin calls and mortgage lenders struggled with their financing. Sinopec, the day's worst blue-chip performer, skidded 7.7 percent to HK$7.56. Goldman Sachs (nyse: GS - news - people ) downgraded the ...


Read more...

Related Stories:

• UPDATE: New Wave Of Margin Calls Hits Thornburg Mortgage

  CNN Money - If the company is unable to satisfy outstanding margin calls, any or all of its reverse repurchase agreement counterparties...
  2008-03-03 07:48:00

• More Margin Calls at Carlyle

  Street.Com - Carlyle Capital said Friday morning that it had received "substantial" additional margin calls and more default notices from lenders due...
  2008-03-07 06:31:00

• FTSE loses gains as miners weaken

  Financial Times - Mortgage lenders were again among the worst performing stocks after Thornburg Mortgage, down 32.4 per cent at $1.21, said...
  2008-03-10 07:57:00

• MOHELA expects massive margin calls (BizJournals)

  The state’s student loan authority is facing its most serious challenge in its nearly 30-year history. The Missouri Higher Education Loan Authority...
  2008-09-28 09:04:18

• Guggenheim Fund Seeking $300 Million of New Equity (Update1) - Bloomberg

  Oct. 31 (Bloomberg) -- Guggenheim Structured Real Estate Advisors LLC, the manager of commercial-mortgage funds set up five years ago by Ed...
  2008-10-31 03:26:00

• Margin calls put hedge-fund industry in dire straits

  Seattle Times - ... is reeling from its worst crisis in a decade as banks are demanding more money pledged to...
  2008-03-11 12:03:00

• Stocks End Lower on Jobs, Bank Worries

  Newsday - Home Delivery ... Thornburg Mortgage Inc. plunged after the lender said it has received margin calls -- calls for immediate...
  2008-02-27 03:53:00

• New Margin Calls Could Sink Thornburg

  Street.Com - ... continue its business in the current manner," the company said in a statement. Last Wednesday, Thornburg was able...
  2008-03-03 08:45:00