Prince has been chucked off the dance floor

Story date: 2007-11-03 04:41:00
Added on: 2007-11-04 01:15:37

Daily Telegraph - A profit warning and $6.5bn in bad debt write-offs later, Prince is finally ... Prince will be the highest profile casualty yet of the credit crisis and will ... Citigroup's sprawling size, the bank has been hit hard by the sub-prime mortgage ...


Read more...

Related Stories:

• Business comment: Music stops for Prince

  Daily Telegraph - A profit warning and $6.5bn in bad debt write-offs later, Prince is finally ... Prince will be the highest...
  2007-11-04 04:01:00

• DEALTALK-LBO debt logjam threatens further write-downs for banks

  Forbes - ... debt piled up during the leveraged buyout (LBO) boom remains a key concern for banks, already hit by...
  2008-01-04 01:23:00

• Citi Swaps Prince For Pandit

  Forbes - ... levels, $13 billion or more in new write-downs, and deterioration in its sizeable consumer loan portfolio--not only mortgages...
  2007-12-11 01:22:00

• Bank and broker stocks drop on write-down fears

  Reuters - Bank and broker stocks drop on write-down fears ... write-down, on top of some $6.8 billion of write-offs recorded in...
  2007-11-05 07:17:00

• The Toddler Economy

  Slate - Challenging credit market conditions" would cause it to take write-downs of $4.5 billion on subprime mortgages and other debt instruments....
  2008-02-02 02:21:00

• Wall Street gives thanks

  MSNBC - The stock market’s recent swoon owes in part to concerns about the health of the banking sector and how it...
  2007-11-23 10:23:00

• Gross: Banks Claim the Credit Crisis is Over. It's Not.

  MSNBC - Challenging credit market conditions" would cause it to take write-downs of $4.5 billion on subprime mortgages and other debt instruments....
  2007-10-09 04:56:00

• SocGen loses $4.9B in Q4 on trading scandal, credit

  USA Today - ... euros ($3.8 billion) in previously announced write-downs linked to the U.S. mortgage ... Without this event, the...
  2008-02-21 01:16:00