considerthis11/30fromBloomberg:
TheECB,theBankofEnglandandtheFederalReservehaveallofferedemergencyfundsthisweektosootheconcernsthatcreditconditionswilldeteriorateattheendoftheyear....
''Centralbanksdon'thavethetoolstoarrestthisriseinLiborbecausetheissueisnolongeraboutliquidity,it'saboutcreditconcerns,''saidJohnWraith,London-basedheadofU.K.interest-ratestrategyatRoyalBankofScotlandPlc,these...[閱讀全文]
博文
(2007-12-01 22:09:37)
(2007-12-01 16:41:20)
IMF:MortgageResetChartFromtheIMF:AssessingRiskstoGlobalFinancialStability
Clickongraphforlargerimage.
ThischartfromCreditSuisseviatheIMFshowstheheavysubprimeresetsin2008,plusitshowstheresetproblemswithAlt-AandOptionARMloansinlateryears.
Althoughmanyofthehomeownersinthe2009to2011resetperiodswillrefinance(iftheycan),thisshowsthattheproblemsinhousingwilllingerforseveralyears.Whatisespecia...[閱讀全文]
(2007-11-30 23:29:03)
Iamamazedatmyagetoseethecrapthatkidsbuy.Therearethesegameboxesthatcosthundredsofdollarsandallkindsofipodsandcellphones.Whatisgoingtogofirstinarecession?Mygenerationislookingretirementintheeye,athreatenedsocialsecuritysystemandmanyofushaveteenagekids.ThegoodnewsisweallhavecompanyandonceJimmyandJanetrealizethattheirfriendsarelosingtheiripodsandXboxesaswell,itwon'tmatterthattheydon'thaveone.Newf...[閱讀全文]
(2007-11-30 22:42:48)
TheCreditMarketsGetTighter
Whilespacedoesnotpermit,noticethatitisnotjustresidentialmortgagesthathavebecomeaproblem.Homeequity,creditcards,autoloansareallseeingaseriousriseindelinquenciesandforeclosures.Banksarehavingtoeatintotheircapitalbaseinordertoreserveforgrowinglosses.Andthatmeanstheyhavelessmoneytolend.Andindeed,everysurveyIhaveseenforthepastfewmonthspointstoever-tighteningcreditcon...[閱讀全文]
(2007-11-29 23:49:21)
CreditCracks,MarketsClose,BondsYelp`Help!':MarkGilbert
ByMarkGilbert
(2007-11-29 23:45:24)
Ithinkeveryoneoutthereisgoingtofindoutaboutcreditcrunchesbeforethisoneisover.Thecrunchin1974took50%offgoldandalmostthatmuchofftheDow.Analligatoronyourassiseasierthanacreditcrunchonthepriceofyourassets.
TherewasaguyonCNBCtodaywhotoldthetruth.Youdon'tgetthetruthonCNBCtoooftenandwhenyoudo,theguyisusuallyshutupbysomeone.Notthistime.Thisguy,whosenameIcan'trecall,saidthecreditbubblewasbiggerthanthed...[閱讀全文]
TherewasaguyonCNBCtodaywhotoldthetruth.Youdon'tgetthetruthonCNBCtoooftenandwhenyoudo,theguyisusuallyshutupbysomeone.Notthistime.Thisguy,whosenameIcan'trecall,saidthecreditbubblewasbiggerthanthed...[閱讀全文]
(2007-11-29 22:11:00)
MunicipalBondDealsSqueezedByCreditCrisisByDavidChoWashingtonPostStaffWriter
Thursday,November29,2007;PageA01Thewideningcreditcrunchismakingitharderforcitiesandschoolsystemstogetmoneyforbuildings,ballparksandothervitalprojectsfromthe$2.5trillionmarketformunicipalbonds,asectorofWallStreetthatrarelyseestrouble.Thatisleavingthemwithatoughchoice:eitherputofftheprojects,orpayhigherinterestratesonthe...[閱讀全文]
(2007-11-29 21:44:42)
"Yesterday,DonKohn,numbertwomanattheFed,toldtheworldthatAmerica'scentralbankwouldbe"flexibleandpragmatic."
Peopleknewwhatthatmeant.TheFedispreparedtocutratesnextmonth.
Soencouragedbythiswereinvestorsthattheysetaboutbuyingeverystockinsight.TheDowrose331points.Thatbringsthetotalto546pointsgainedinthelasttwodays.Notbad.
Butwhatdoesitmean?Lessthaninvestorsthink.
Wehaveopinedthatthegrea...[閱讀全文]
Peopleknewwhatthatmeant.TheFedispreparedtocutratesnextmonth.
Soencouragedbythiswereinvestorsthattheysetaboutbuyingeverystockinsight.TheDowrose331points.Thatbringsthetotalto546pointsgainedinthelasttwodays.Notbad.
Butwhatdoesitmean?Lessthaninvestorsthink.
Wehaveopinedthatthegrea...[閱讀全文]
(2007-11-29 21:21:32)
一個人的曆史，國家的曆史作者：龍川一木
季羨林的《牛棚雜憶》回憶了知名學者的“右派”曆程，馬識途的《滄桑十年》回憶了著名作家的“反革命”曆程，戴煌的《九死一生》回憶了資深記者的“右派”曆程，何濟翔的《滬上法治夢》回憶了資深法官的“右派”曆程，殷毅的《回首殘陽已含山》回憶了年輕記者的“右派”曆程，《無罪流放》是66位知識分子對“五[閱讀全文]
(2007-11-29 21:19:01)
AFreeLifeisJin'sfirstnovelsetinAmerica,andmightbe,asRonCharlespointsoutinhisreviewforBookWorld,hismostautobiographical.ItnotonlyexplorestheworldofarecentChineseimmigrant(JinmovedtotheU.S.in1985),butalsoexamineshisprotagonist'sdesireandstruggletowriteinthelanguageofhisnewhome.
PleasejoinOffthePagetoaskJinabouthisnewnovel,hispreviousworkssuchasWaitingandotherliterarytopics.
--CaroleBurns[閱讀全文]
PleasejoinOffthePagetoaskJinabouthisnewnovel,hispreviousworkssuchasWaitingandotherliterarytopics.
--CaroleBurns[閱讀全文]
