Tag: timeline

Writedown News: 12 December 2008

It’s been a month since I updated my list of writedowns and other credit crisis-related news, so I am sure that this list is filled with holes and missing information. Here it goes nonetheless.

Below are the writedowns from the previous month. These links are compiled in the credit crisis timeline.

Writedown News: 12 November 2008

The big news this week is that writedowns have moved near trillion dollar territory. As all of the banks report earnings and come clean about losses, the figures are staggering. The largest writedowns came from the GSEs with Fannie Mae losing a staggering $29 billion. AIG was close behind. See my post, “Financial sector losses near $1 trillion” for more […]

Writedown News: 5 Nov 2008

This past week I have been particularly distracted by the political headlines in the run-up to the U.S. Presidential election, so I apologize if I have missed a few stories in the financial press. The writedowns do continue unabated and we have now seen over $670 billion in losses and writedowns since the beginning of last year according to Bloomberg […]

Credit crisis timeline updates

Credit crisis timeline updates

I have not posted all day because I have been spending most of the day doing site maintenance — importing the data from the credit crisis timeline into a database, which will make it a lot easier to update, backfill and make changes to the timeline. We now have about 700 discrete events catalogued in the database. What’s been interesting […]

Writedown News: 28 Oct 2008

Writedown News: 28 Oct 2008

This week, I can practically repeat what I said last week verbatim – so, I will. Writedowns continued unabated despite the easing global credit markets. While we should see a bear market rally due to this easing, the ill effects of a global recession and new concerns in emerging markets and Asia will cause writedowns to mount for quite some […]

Writedown news: 21 Oct 2008

Writedowns continued unabated despite the easing global credit markets. While we should see a bear market rally due to this easing, the ill effects of a global recession and new concerns in emerging markets and Asia will cause writedowns to mount for quite some time. Below are the writedowns from the previous week. These links are compiled in my credit […]

Writedown news: 15 Oct 2008

My last post’s title “The panic is over” was a bit cheeky given the Dow was down an astounding 700-some points today. The crux of the matter is continued economic weakness due to slowing consumer spending. And that means more writedowns to come. Rather than belabor this point, I will note that the monetary authorities have done everything they can […]

Writedown news: 7 Oct 2008

As I do every week, I am updating you with links to important news in the credit crisis. These links are compiled in my credit crisis timeline, which is the most comprehensive list credit crisis links on the Internet. However, one big hole in this list is that it does not include major central bank and government actions like interest […]

Writedown news: 30 Sep 2008

For me, the most important events of late have been the European banking sector meltdown. Just last week, German officials were lecturing the UK and the U.S. about their banking systems and now we see a number of European institutions falling prey to the credit crisis. No one should feel their banking system is safe in this environment. After all […]

Writedown news: 23 Sep 2008

Below are the latest major credit crisis stories from the web that I have seen. Most of these stories have more to do with raising capital, merging, and bankruptcy than writedowns. Quite honestly, I have been caught up in the bailouts so I may have missed a few, so please call me out on anything important I failed to add. […]

Writedown news: 10 Sep 2008

Below are the latest writedown stories from the web that I have seen. Quite honestly, I have been a little behind in updating all of the stories on the timeline, so please call me out on anything important I failed to add. For the full timeline of news, visit my credit crisis timeline. The last Bloomberg table I have from […]

Writedown news: 28 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.Some of the National Post pictures accompanying […]