The interbank rates continue to climb in the wake of the credit crisis that paralyzed the loans between banks. And at the expense of the millions of Europeans who have a monthly rate of house mortgage to pay. The maturity of three months Euribor, which is one of the most important benchmark for the [...]
There are 175 thousand people, from here one year, they will lose their jobs because of the market crisis, triggered by the subprime storm. They say the heads of large investment banks and financial institutions on Wall Street Bloomberg consulted by the agency. Tags: citigroup, Crisis, Crisis of the markets, Crisis Loans, Dell, Eni, financial, loans, mortgages [...]
NEW YORK - The FBI dark hits the mortgage crisis, taking the size of a real raid on Wall Street, considered by most 'parties responsible for the subprime mortgage crisis. Tags: bear stearns, citigroup, Crisis, Crisis of the markets, Crisis Loans, Dell, Eni, bankruptcy, hedge funds, insider trading, Investment, Mortgages, Mortgages [...]
The calculations made by Il Sole 24 Ore. 100 thousand euros for a mortgage entered into in September 2005 (as stated in the illustration) show that, in case of accession to the Convention, we obtain immediately an installment lighter (by 6 -12% depending on duration), but you end up having to repay an amount [...]
Vidya Ram The wealthy Europeans looking for a holiday home would do well to replace the usual Riviera with Buenos Aires, Argentina. Tags: real estate, China, crisis, housing crisis, Crisis Loans, Dell, Eni, Knight Frank, London, Thailand, USA
March 17
Posted by flicker as technical analysis , European stocks , News
The main European stock markets, after a bad first start continue to decline. In fact, a bit 'all in the morning down around 3 percent. Sure it weighs a surprise cut in the discount rate by the Fed, all then you have to calculate, has been combined with the announcement of the purchase at bargain prices at Bear [...]
Dec 15
Posted by flicker as ECB , Federal Reserve , News
The Fed, in conjunction with other central banks, will begin selling for cash relieves tension in the markets on banks as a result of the crisis of high-risk mortgages. The urgent action by the Fed decided to also involve the ECB, the Bank of England, Swiss National Bank and Bank of Canada.La surprising maneuver [...]