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All seems quiet now - but…
the 3 month T-Bill is now yielding only 3.85% as of today’s Interest Rates on Bloomberg -which is saying there is a flight to quality in the bond market.
Did you hear the recent announcments of the major right offs (Losses $$) by all the big Banks in the past week [...]
Filed under: Credit Crunch, Credit Freeze, Economy, Interest Rates | 1 Comment »
It’s just the beginning!
Satyajit Das is laughing. It appears I have said something very funny, but I have no idea what it was. My only clue is that the laugh sounds somewhat pitying.
One of the world’s leading experts on credit derivatives (financial instruments that transfer credit risk from one party to another), Das is the [...]
Filed under: Credit Crunch, Credit Freeze, Economy, Liquidity Squeeze | No Comments »
Identity theft is one of the fastest growing financial crimes.
Nearly 10 million Americans fall victim each year. The Identity Theft Resource Center reported in 2005, on average, an ID theft victim of new account and other fraud spent 60 hours resolving problems brought on by ID theft, those victims of existing accounts spent an average [...]
Filed under: Credit Freeze, Credit Reports, Credit Score, Financial Privacy, ID Theft | No Comments »
