Credit Crisis

Some articles on credit crisis, crisis, credit:

Theodore J. Forstmann - Career - Credit Crisis
... Forstmann accurately predicted the worsening of the credit crisis in July 2008, when most pundits believed the crisis had reached its peak ... money for a time, eventually this risk accumulated, and the consequences led to the credit crisis ...
World Economy - Economy – Overview - 2000 – 2010 – Rise of Developing and Emerging Economies
2008 – credit crisis begins The economic output of 171 markets expanded by $5.8 trillion during 2008 ... Though the crisis first affected most countries in 2008, it was not yet deep enough to reverse growth. 2009 – credit crisis spreads IMF's economic outlook for 2010 noted that banks faced a "wall" of maturing debt, which presents important risks for the normalization of credit conditions ...
Subprime Crisis Impact Timeline - 2008 - October 2008
... October 1 The financial crisis spreads to Europe ... Over the last eight trading days, the DJIA has dropped 22% amid worries of worsening credit crisis and global recession ... and agree to urgent and exceptional coordinated action to prevent the credit crisis from throwing the world into depression ...
Global Financial Crisis In October 2008 - Week of October 12
... planned to increase the availability of short term credit ... is thought that those losses may have triggered a tightening of the credit crunch as banks ceased to lend to one another ... technical and financial aid to Hungary which has suffered during the crisis due to the flight of investors to euro, Swiss franc, and dollar denominated investments ...
ABN AMRO Group - Credit Crisis
... Fortis banks reserves and it got into serious trouble in 2008 as the credit crunch took hold ...

Famous quotes containing the words crisis and/or credit:

    I know my fate. One day my name will be tied to the memory of something monstrous—a crisis without equal on earth, the most profound collision of conscience, a decision invoked against everything that had previously been believed, demanded, sanctified. I am no man, I am dynamite!
    Friedrich Nietzsche (1844–1900)

    Japanese mothers credit “effort” as the key determinant of a child’s achievement in school, while American mothers name “ability” as the more important factor.
    Perry Garfinkel (20th century)