Post Tagged with: "timeline"

Writedown news: 21 Aug 2008

Below are the latest writedown stories from the web that I have seen. For the full timeline of news, visit my credit crisis timeline. Bloomberg recently updated their tally of writedowns to arrive at $503.8 Billion to date. That is on the timeline as well. Also see my list of Bankrupt Global Financial Institutions. 2008

Published by on 21 August 2008 12:30

Writedown news: 13 Aug 2008

Below are the latest writedown stories from the web that I have seen. For the full timeline of news, visit my credit crisis timeline. Bloomberg recently updated their tally of writedowns to arrive at $501 Billion to date. That is on the timeline as well. Also see my list of Bankrupt Global Financial Institutions. 2008

Published by on 13 August 2008 19:11

Bloomberg: $500 billion in writedowns by firm

(See my Credit Crisis Timeline for the news stories associated with the writedowns and related events during the crisis, the most recent of which you can find here.) Yalman Onaran at Bloomberg News has tallied the writedowns in the credit crisis to date at $501 billion. More importantly, Bloomberg has broken out the writedowns by

Published by on 12 August 2008 18:02

Writedowns hit $500 billion

After RBS’s writedowns on Friday, Bloomberg estimated that we have had nearly $500 billion in writedowns in the so-called ‘sub-prime’ crisis to date. Barclays, Britain’s third-biggest bank, had first-half writedowns of 2.8 billion pounds, it reported yesterday. Its net income declined a less-than-estimated 34 percent to 1.72 billion pounds in the first six months of

Published by on 10 August 2008 07:37

Writedown News: 07 Aug 2008

After a week’s holiday, I have a huge backlog of stories on offer. Below are the latest writedown stories from the web that I have seen. For the full timeline of news, visit my credit crisis timeline. Also see my list of Bankrupt Global Financial Institutions. 2008 07 30 Postbank Second-Quarter Net Falls 21% on

Published by on 7 August 2008 10:50

Writedown News: 30 Jul 2008

Below are the latest writedown stories from the web. For the full timeline of news, visit my credit crisis timeline. Also see my list of Bankrupt Global Financial Institutions. 2008 07 21 Earnings Fall 44% at Bank of America2008 07 22 Wachovia Has Record $8.9 Billion Loss, Cuts Dividend2008 07 22 KeyCorp Posts First Loss

Published by on 30 July 2008 12:05

$467 billion in writedowns and counting

This reporting season, there have been some major, major writedowns from the likes of WaMu, Citi, Merrill, and Wachovia. Most analysts see this quarter as the last quarter of major writedowns from the credit crisis. Haven’t we heard that every quarter? Wachovia’s share price even rallied after it reported an outsized $8.9 billion loss for

Published by on 23 July 2008 23:11

Writedown News: 22 Jul 2008

Below are the latest writedown stories from the web. For the full timeline of news, visit my credit crisis timeline. Also see my list of Bankrupt Global Financial Institutions. 2008 07 15 Regional Banks Take It on the Chin As Fallout Spreads2008 07 15 Washington Mutual Drop Wipes Out Most of TPG Holding2008 07 15

Published by on 22 July 2008 07:49

Writedown News: 17 Jul 2008

Below are the latest writedown stories from the web. For the full timeline of news, visit my credit crisis timeline. Also see my list of Bankrupt Global Financial Institutions. 2008 07 08 IndyMac Falls After Regulators Say It Isn’t `Well Capitalized’2008 07 09 Fannie Mae Pays Record Spreads on Two-Year Note Sale2008 07 09 Freddie

Published by on 17 July 2008 10:00

Writedown News: 12 Jul 2008

For a complete list of prior news on writedowns see my Credit Crisis Timeline. Also look at the new list of Bankrupt Global Financial Institutions for information on large global financial institutions that have gone to the wall. 2008 06 30 Florida Sues Countrywide2008 06 30 IndyMac to Trim Operations, Not Shut Down, Perry Says2008

Published by on 12 July 2008 10:10

Bankrupt global financial institutions

Latest Major Bankruptcy News 2007 06 13 IndyMac Sued Over Investor Claims It Hid Loan Losses2008 06 30 IndyMac to Trim Operations, Not Shut Down, Perry Says2008 07 01 IndyMac Chief Financial Officer A. Scott Keys Resigns2008 07 07 IndyMac Cuts Half its Staff as Mortgage Losses Mount2008 07 08 IndyMac Falls After Regulators Say

Published by on 9 July 2008 04:00

Writedown News: 7 Jul 2008

Below are the latest writedown stories from the web. For the full timeline of news, visit my credit crisis timeline. 2008 06 23 Citigroup and Goldman Sachs cut more staff as effect of credit crunch lingers2008 06 26 Fortis launches urgent €1.5bn cash call2008 06 27 AIG Poised to Absorb $5 Billion Losses From Securities-Lending2008

Published by on 7 July 2008 08:55
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