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BIS: Global economy could face deeper downturn (AP)

GENERAL Mon Jun 30, 2008 @ 9:02am neoform
news.yahoo.com -- By GEORGE FREY, AP Business Writer 1 hour, 27 minutes ago BASEL, Switzerland - The global economy could face a deeper downturn than many currently expect amid rising inflation and the turmoil on financial markets, the Bank for International Settlements.. Read More
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JPMorgan may face SEC civil charges (Reuters)

GENERAL Mon May 12, 2008 @ 6:01pm neoform
news.yahoo.com -- 15 minutes ago NEW YORK (Reuters) - JPMorgan Chase & Co (JPM.N) said on Monday that it received a notice from federal regulators indicating that one of its units may face an enforcement action related to "the bidding of various financial instruments ass.. Read More
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Long slump may follow crunch: JPMorgan CEO (Reuters)

GENERAL Mon May 12, 2008 @ 3:01pm neoform
news.yahoo.com -- By Joseph A. Giannone 23 minutes ago NEW YORK (Reuters) - JPMorgan Chase & Co (JPM.N) Chairman and Chief Executive Jamie Dimon on Monday told bank investors that while the current credit market crunch may soon be over, the U.S. economy could still face.. Read More
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Bernanke: Recession possible, growth to rebound (Reuters)

GENERAL Wed Apr 2, 2008 @ 12:02pm neoform
news.yahoo.com -- By Mark Felsenthal 1 hour, 17 minutes ago WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke said on Wednesday the U.S. economy could face a mild recession but that growth should pick up as the impact of aggressive interest rates cuts are felt.. Read More
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Ratings agencies face tougher oversight (Reuters)

GENERAL Wed Mar 19, 2008 @ 12:02pm neoform
news.yahoo.com -- By Huw Jones 35 minutes ago LUXEMBOURG (Reuters) - Credit rating agencies, under fire for being slow to warn investors about financial turmoil, face much tougher scrutiny and even new laws, a top market regulator said on Wednesday. Critics say the agen.. Read More
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Carlyle may face cashflow trouble (Reuters)

GENERAL Fri Mar 7, 2008 @ 9:01am neoform
news.yahoo.com -- By Alexandra Hudson 52 minutes ago AMSTERDAM (Reuters) - Private equity firm Carlyle Group's Dutch-listed affiliate said on Friday it may face cashflow problems after it received substantial additional margin calls and default notices. "In the past sev.. Read More
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UBS write-downs could double (Reuters)

GENERAL Fri Feb 15, 2008 @ 9:01am neoform
news.yahoo.com -- By Andrew Hurst, European Banking Correspondent 51 minutes ago ZURICH (Reuters) - Swiss bank UBS could face billions of dollars more in subprime-related write-downs in 2008, which could tip it into a second year of losses, analysts warned investors, sen.. Read More
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Cerberus says GMAC may face difficulty: report (Reuters)

GENERAL Thu Feb 14, 2008 @ 6:01pm neoform
news.yahoo.com -- 1 hour, 45 minutes ago NEW YORK (Reuters) - GMAC LLC, the auto and mortgage lender controlled by Cerberus Capital, may face "substantial difficulty" if credit markets do not improve, Cerberus founder Stephen Feinberg wrote in a January letter to investo.. Read More
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Under Rated

Citigroup and Merrill face bigger writeoffs: analyst (Reuters)

GENERAL Thu Dec 27, 2007 @ 9:01am neoform
news.yahoo.com -- 1 hour, 5 minutes ago NEW YORK (Reuters) - Citigroup Inc (C.N), Merrill Lynch & Co (MER.N) and JPMorgan Chase & Co (JPM.N) may face larger fourth-quarter write-offs of fixed-income securities than previously expected, and Citigroup may have to slash its.. Read More
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