In today's New York Times Joe Nocera explores how the credit crisis that unfolded from the morning of Sept. 17 to the afternoon of Sept. 18 spooked policy makers into action. Plus, the graphics team at the Times have done their usual outstanding job...
Here's a round up of WSJ articles on the financial crisis A Main Street Rescue 09/29/08 -- Congress passed this 'bailout' a long time ago. The Washington Panic 09/27/08 -- The Paulson plan is a tool to avoid a deeper downturn. The Paulson Sale...
The Association of Financial Professionals just published research on short-term credit access for corporates. The survey was originally conducted in early September and was supplemented by a shorter survey conducted in last week to reflect evolving market...
The New York Times DealBook blog links to an article in The New Republic (published Friday) by Larry Grafstein and Jim Millstein, two managing directors at the investment bank Lazard, blaming Wall Street for the current financial mess. Excerpt from The New Republic...
Coverage: Ongoing crisis coverage at the WSJ Interactive feature at the New York Times Bloomberg "It's pretty much a nightmare'' Now...
The market is down sharply this morning, no surprise.Insight on the maneuvering over the weekend here. Continuously updated coverage: New York Times DealBook blog Wall Street Journal "Crisis on Wall Street" blog...
It's been a tumultuous, historic weekend on Wall Street. Lehman Brothers faces bankruptcy and Merrill Lynch agreed to be sold to Bank of America. Meanwhile, AIG is scrambling for cash. Highlights:"The American financial system was shaken to its core on...
In conjuction with its Executive Forum, American Banker (subscription required) reports on two research studies conducted during the second quarter by Greenwich Associates indicating that bankers are more pessimistic than their business customers about the economy....
This is really interesting - filmed last week in Aspen, aired on Charlie Rose Monday and continued on Tuesday. Jamie Dimon on Charlie Rose (Monday July 7) Jamie Dimon on Charlie Rose - continued; starts 43 min into the episode (Tuesday, July...
Doom and gloom over at The Economist:If the theme of last year was turmoil in financial services, then 2008 could be the year when financial stress goes on to harm the economy. And it is not too fanciful to imagine a vicious circle: as the economic downturn causes...
