Latest additions to Credit Crisis Timeline

| 27 May 2008 09:00

2008 05 19 Crédit Agricole boosts risk controls after writedowns hit €3.3bn
2008 05 19 Subprime Losses Top $379 Billion on Balance-Sheet Marks: Table
2008 05 19 Banks Keep $35 Billion Markdown Off Income Statements
2008 05 19 AIG to raise roughly $20 billion in capital
2008 05 20 Credit Crisis Will Extend Into 2009, $170 bn in additional writeoffs
2008 05 20 Wachovia, Fifth Third Face Losses Tied to Hedge Funds
2008 05 21 Northern Rock billions ‘at risk in a downturn’
2008 05 22 UBS prices $15.6 bln share sale at 31% discount
2008 05 22 UBS sells $22bn of securities to BlackRock
2008 05 23 Moody’s Cuts AIG Rating
2008 05 26 UBS Falls After Saying More Mortgage Losses Possible

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avatar About Edward Harrison

Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty years of business experience. He is also a regular economic and financial commentator on BBC World News, CNBC Television, Business News Network, CBC, Fox Television and RT Television. He speaks six languages, a skill he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

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