Credit Card Report » USA 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 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 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