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July 23, 2008 8:56:02 PM CDT


Stories related to: liquidity

Stories

16 Stories

  • July 2008
    • Paramount Loses $450M Funding Deal

      Paramount Loses $450M Funding Deal

      A $450-million deal with Deutsche Bank that would have financed up to 30 films for Paramount is off the table, the Financial Times   reports. Perhaps an unlikely casualty of the credit crunch, Paramount walked after a lack of enthusiasm in the market led to terms that were unattractive, persons familiar with the deal said. More »

  • June 2008
  • May 2008
  • April 2008
    • Bear Bailout Called 'Worst Mistake in a Generation'

      Bear Bailout Called 'Worst Mistake in a Generation'

      A former top-ranking Fed official has called the central bank's decision to bail out Bear Stearns its "worst mistake in a generation," the Wall Street Journal reports. The official, former chief of monetary policy, compares the hasty move to errors that helped trigger the Great Depression. He accused officials of ignoring other options, such as demanding more from buyer JP Morgan, seeking other suitors or removing certain assets from Bear's portfolio. More »

      Tags

      Federal Reserve   Bear Stearns   banking   liquidity   Great Depression   monetary policy

  • March 2008
  • February 2008
    • Fed Quietly Loans Billions to US Banks

      Fed Quietly Loans Billions to US Banks

      US banks, struggling with liquidity and hesitant to lend to each other in the wake of the subprime crisis, have hit up the Fed for nearly $50 billion, the Financial Times reports. The loans, issued under a 2-month-old program that, one analyst says, lets them "borrow money against all sort of dodgy collateral,” are fueling fears that the banking crisis is deeper than previously believed. More »

      Tags

      US economy   Federal Reserve   subprime crisis   banking   liquidity

  • December 2007
    • Fed to Inject $64B Into Global Money Markets

      Fed to Inject $64B Into Global Money Markets

      The Federal Reserve will inject some $64 billion into the global economy, fearing that the ongoing credit crunch could spark recession. In the most significant international economic cooperation since 9/11, the Fed will supply up to $24 billion to the ECB and other central banks to ease the money supply in Europe; meanwhile four auctions stateside will make available at least $40 billion to US markets, Bloomberg reports. More »

      Tags

      Federal Reserve   recession   auction   liquidity   European Central Bank

  • November 2007
    • Banks Seeking Cash Spur New Merger Round

      Banks Seeking Cash Spur New Merger Round

      An informal merger overture from Bank of America to cash-starved Citigroup was recently rejected, the Wall Street Journal reports, in favor of a smaller, $7.5 billion infusion from the Abu Dhabi government, approved by the bank today. But the offer, quickly disavowed by BoA, underscores the fact that a new round of opportunistic deals may be in the making as more and more financial firms are forced to replenish their capital reserves. More »

      Tags

      subprime mortgages   Citigroup   Bank of America   Abu Dhabi   liquidity

    • Fed Pitches $41B Into Market

      Fed Pitches $41B Into Market

      The Federal Reserve followed up yesterday’s quarter-percent interest rate cut with a $41 billion cash injection into the US financial system today—one the biggest infusions of money yet, aimed directly at easing the credit crunch. The money was pumped into temporary reserves, where it's meant to lubricate turbulent markets and stave off a recession, the AP reports. More »

      Tags

      Federal Reserve   credit crisis   Ben Bernanke   liquidity

  • August 2007

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