Blog > Archive by tag 'credit'
Chinese shares have been falling lately, but that’s only because everybody’s so scared. There’s nothing wrong with China’s financial system, right? Wrong. There’s something rotten at the heart of China’s banks, and the entire mainland economy is about to come crashing down.
by J. Christoph Amberger
Baltimore — (TFN): As Iceland’s banking industry is melting [...]
Tags: banks, china, credit, developers, Financial, financial crisis, flats, j. christoph amberger, non performing loan, npl, Real Estate, state owned
Xstrata (XTA) has dropped its $10 billion hostile takeover offer for Lonmin (LMI), or has it? Xstrata’s new investment could be a step toward a cheaper buyout attempt six months from now.
by Stephanie Grimmett
Baltimore — (TFN): Just as predicted, Xstrata (London:XTA) walked away from its hostile bid to buyout Lonmin (London:LMI) today. But [...]
Tags: british takeover panel, buyout, credit, hostile, lmi, lonmin, market, mining, moratorium, platinum, stephanie grimmett, Xstrata, xta
"There’s a bombshell being delivered here - the European Central Bank is about to stop bailing out eurozone commercial banks. And that could mean another big lender going ‘bust’." — David Stevenson
Blogger’s note: Just like in the U.S. and UK, the European Union’s state bank has been extending easy credit to prevent "temporary" illiquidity in [...]
Tags: banks, bear stearns, credit, ecb, european central bank, eurozone, financial sector, institutions, spain, uk, us
“Contrary to what Wall Street would have you believe, this appalling sloppiness that created the subprime mortgage scandal has not been a feature of every housing boom for the last half century. It’s actually quite new, the result of the misdirected incentives caused by the mortgage-securitization business.” — Martin Hutchinson
by [...]
“New flash drive companies have been popping up like weeds, with the cost of silicon acting as metaphorical Roundup. New producers are being routinely killed in their infancy, and lenders are hesitant to put more money into an industry with ever-shrinking profit margins.” — Stephanie Grimmett
by Stephanie Grimmett
Baltimore — (TFN): Don’t buy Intel just [...]
Tags: credit, credit crunch, flash chip, flash drive, flash memory, flash memory chip, flashdrive, francisco partners, intc, intel, Intel (intc: nasdaq), numonyx, price of silicon, semiconductor, semiconductor industry, silicon, silicon chip, silicon semiconductor, stm, stmicroelectronics, stmicroelectronics (stm: nyse), technology industry