Credit Card Report » Credit Crisis http://www.onlineguideto.com News and information about Credit Cards, Credit Report, Credit Score and the financial crisis Mon, 28 Jun 2010 09:16:48 +0000 http://wordpress.org/?v=2.8.5 en hourly 1 Sold to US taxpayers for $700B: banks’ bad assets http://www.onlineguideto.com/137-sold-to-us-taxpayers-for-700b-banks-bad-assets http://www.onlineguideto.com/137-sold-to-us-taxpayers-for-700b-banks-bad-assets#comments Mon, 29 Sep 2008 03:25:06 +0000 CreditCardNews http://www.onlineguideto.com/?p=137 bailout of the country's financial system ended up as a complex rescue package, with enhanced congressional oversight, some added protections for taxpayers and a slap on the wrist to highly paid, underperforming executives.]]> http://www.onlineguideto.com/137-sold-to-us-taxpayers-for-700b-banks-bad-assets/feed 0 Historic $700 billion bailout deal reached http://www.onlineguideto.com/134-historic-700-billion-bailout-deal-reached http://www.onlineguideto.com/134-historic-700-billion-bailout-deal-reached#comments Mon, 29 Sep 2008 02:59:38 +0000 CreditCardNews http://www.onlineguideto.com/?p=134 http://www.onlineguideto.com/134-historic-700-billion-bailout-deal-reached/feed 0 U.N. members angry at America’s hypocrisy in financial crisis http://www.onlineguideto.com/116-un-members-angry-at-americas-hypocrisy-in-financial-crisis http://www.onlineguideto.com/116-un-members-angry-at-americas-hypocrisy-in-financial-crisis#comments Wed, 24 Sep 2008 07:25:48 +0000 CreditCardNews http://www.onlineguideto.com/?p=116
The extraordinary nature of the outpouring on Tuesday was that it came from some of America’s closest allies and trading partners — not from those the United States would label political outcasts, but from mainstream countries in Europe, Asia and Latin America.]]> http://www.onlineguideto.com/116-un-members-angry-at-americas-hypocrisy-in-financial-crisis/feed 0 How we got here: It’s housing, stupid http://www.onlineguideto.com/114-how-we-got-here-its-housing-stupid http://www.onlineguideto.com/114-how-we-got-here-its-housing-stupid#comments Tue, 23 Sep 2008 21:07:24 +0000 CreditCardNews http://www.onlineguideto.com/?p=114
If all that weren't enough, the Federal Reserve announced late Tuesday night that it was loaning $85 billion to insurer American International Group.

None of this would have happened if the housing market had not imploded, leaving all these firms with staggering losses from their investments tied to mortgages.]]> http://www.onlineguideto.com/114-how-we-got-here-its-housing-stupid/feed 0 The man who predicted the financial crisis http://www.onlineguideto.com/112-the-man-who-predicted-the-financial-crisis http://www.onlineguideto.com/112-the-man-who-predicted-the-financial-crisis#comments Mon, 22 Sep 2008 15:33:29 +0000 CreditCardNews http://www.onlineguideto.com/?p=112
The audience seemed skeptical, even dismissive.

That was then. This is now.]]> http://www.onlineguideto.com/112-the-man-who-predicted-the-financial-crisis/feed 0