Credit Crunch

What is a Credit Crunch
Read on to find out about the credit crunch...

Only the Banks Can Lift the Gloom on the Home Front
Michael White: Eighteen months after the credit crunch began, barely a day passes without negative headlines on the home front

Television Has the Perfect Confidence-boosting Answer to Credit Crunch Despair - Full-frontal Nudity
Charlie Brooker: Feeling helpless? All you have to do is whip your clothes off and bingo, you're empowered

The Credit Crunch
What to do when you can't make that payment.

Imagine: a Way Out of the Crisis
Dan Roberts reports back from his time travel trip to the post-credit crunch future

10 Ways to Beat the Credit Crunch
How to save money and beat the credit crunch this year.

End of the Hedge Fund Era As Credit Crunch Prompts $525bn Exodus
Citadel among worst hit, losing 53% of value of main fund, but hedge funds still do better than typical stocks

The Real Victims of This Credit Crunch? Women
One overlooked aspect of the downturn engulfing the UK is that it is a feminist issue

America's Most Revered Newspaper is Latest to Be Hit By Financial Woes
The New York Times is beseiged by both the credit crunch and an online media revolution, reports Paul Harris

North Sea Oil Exploration Firm Collapses
Credit crunch and tumbling price of crude forces Oilexco into administration ? and experts warn of similar failures

Retired People Desperate for Cash
The Credit Crunch is affecting retired people who may need to convert some of the value of their home into cash to get by, but they need to proceed with caution.

Labour Threatens to Spank the Banks Who Like to Say No
Andrew Rawnsley: Gordon Brown may give the public and his party some visceral pleasure by beating up bankers, but it won't solve the credit crisis

Honda's Exit Leaves Cloud Over Future of the Sport
Chief executive of Williams denies suggestions that his team could be next to succumb to credit crunch

West's Pledge to Tackle Global Poverty Has Been Crowded Out By Our Own Crisis
Credit crunch threatens to derail West's previous promises to find the money to tackle global poverty

Foster's Russia Tower Falls Victim to Credit Crisis
Developers say they are scrapping plans to build Europe's tallest skyscraper in Moscow

Wembley Back in the Running As Credit Crunch Hits Olympics
A proposed £40m venue for badminton, rhythmic gymnastics and paralympic volleyball may be scrapped in favor of Wembley Arena

Alistair Darling Urges Banks to Use ?4bn From European Investment Bank
Chancellor tells financial institutions money is there to help small and medium-sized businesses through credit crunch

World is Facing a Natural Resources Crisis Worse Than Financial Crunch
Living Planet report calculates humans are using 30% more resources than the Earth can replenish each year

Loan Crisis: Tom Garimentis Can Help to Explain It
The world economic order is burning due to the financial crisis. It's brought about by the sub-prime mortgage crisis that's in the United States. This crisis has proven that the world is so flat with fire that it's spreading to a few large economies within just a couple of months. People like us that aren't acquainted in the gobbledygook of financial world hitherto find it hard to make any sense of the financial turmoil.

Banks Will Have to Accept Lower Profits, Finance Watchdog Warns
International group say post-credit crunch world will mean greater caution and smaller returns

It's All Gone Quiet on the Management Gurus' Side
Why aren't management experts being more vocal on the credit crunch? Because they don't want to admit the real, human cause

Munching Through the Credit Crunch
Simon Hoggart: Commentators keep telling us that the credit crunch is about to hit the real world. It hasn't yet

Dublin Acts to Protect Savers From Credit Crunch Pressures
Finance minister raises guarantee level to show 'soundness and stability' of Irish banking system

Banking Jobs - Top 10 Guide to Surviving the Credit Crunch
Top 10 guide to help find a banking job and survive the credit crunch.

Not Enough Water, Not Enough Firefighters
Nils Pratley: Banks are hoarding cash more closely than they have done at any point during the year-long credit crisis

A Lidl Parmesan Goes a Long Way for Shoppers Feeling the Pinch
Ian Jack: Discount stores are booming as the credit crunch bites, but what price a bargain?

Choose Car Leasing And Beat The Credit Crunch
You can’t hide from it; it’s all over the news here in the UK... The Credit Crunch! House prices are falling but no one has the money to buy, all our house hold bills are rising but our wages are not matching the rise and to top it all off petrol prices have gone through the roof.

Art's New Democrats Are Due a Lesson in the Economics of Taste
Ian Jack: With no world shortage in Damien Hirsts, the credit crunch may be about to visit Britart's pioneers

Credit Crunch: Small Korean Bank in $6bn Bid to Rescue Lehman
Government-owned development bank in negotiations to become savior for Wall Street firm

Credit Crunch: Bernanke's Inflation Optimism Boosts Shares on Both Sides of Atlantic
Head of bank says the fight against inflation is being aided by falling commodity prices and the stronger dollar

Top Tips to Stop Business Insurance Premium Increases
As the credit crunch continues to hit businesses of all types across the world, this article looks at what businesses in the childcare sector and indeed any industry can do to make sure one of their biggest outgoings does not get out of control.

Football: Only Thaksin Feels Chill From Latest Credit Crunch
While one Premier League owner faces corruption charges, many other clubs wallow in debt, writes David Lacey

Consolidate Your Debt to Beat Price Increases and the Credit Crunch
Exactly what is causing food and fuel prices prices to rise and property values to fall? And why you need to consider consolidating your debt now to beat the rising credit crunch and a possible recession.

Beat the Credit Crunch Online
A website is only as good as its marketing.

Credit Crunch: Live the Crisis, See the Movie, Iousa
Documentary set for release ignores climate change and aims to warn Americans of debt

Credit Crunch: Forget the 'nice' Times, the Message Now is Grin and Bear It
Larry Elliott: Alistair Darling knows it. Mervyn King knows it. The period of steady growth and low inflation that began in 1992 is over

Top 7 Business Tips For Surviving The Credit Crunch
If your business is struggling from the lack of liquidity in capital markets, then you might find that there’s thing you can do to ensure your balance sheet remains strong, and your business continues to grow.

Credit Crunch? Pffft! Pass the Dairy Milk
Barbara Ellen: In these post-Tony times, could the unthinkable have happened - are we all working class now?

Credit Crunch Holds No Fears for 2008 Malta Holidays
Latest reports from Malta suggest that there could be a rise of as much as ten per cent in tourists this year. If the reports are correct it's been an excellent year for the holiday island in the Mediterranean.

Credit Crunch: Australian Bank Adds £480m to Write-downs
National Australia Bank suffers biggest one-day fall in share price since 1987 crash to unsettle banking sector

Despite the Credit Crunch, There Are Reasons to Be Cheerful
Ashley Seager: Certainly inflation has risen, but many commonly bought items are still falling in price and will continue to do so

Credit Crunch: Fannie and Freddie Rescued By Government Loan
Fears about regional banks unnerve Wall Street as US treasury offers billions to troubled mortgage firms

Ah, Love. Until the Credit Crunch Do Us Part
Barbara Ellen: It appears that the credit crunch has sent top-flight New York divorce business rocketing

Credit Crunch: Central Bank Likely to Raise Eurozone Interest Rates Despite Downturn
European Central Bank hopes to rein in soaring inflation across the 13 eurozone member countries

As We Suffer, City Speculators Are Moving in for the Kill
Will Hutton: As the credit crunch deepens and prices spiral upwards the antics of the hedge fund managers are making our lives even worse

Credit Crunch Forcing Us Middle Classes to Live in Their Cars
Safe parking scheme aims to provide refuge for those who have nowhere to go other than their vehicle

Millionaires Defy the Credit Crunch As Rich Get Richer
According to the latest World Wealth Report from Merrill Lynch, there are now 10.1 million people worth more than $1m. By David Teather

How Goldman Profits From the Credit Crunch
Richard Wachman: Bank notches up $2bn profit in one of the worst quarters in the history of banking

WTO Calls for Deal to Cut Global Tariffs and Subsidies
Director-general says soaring food prices and credit crunch makes Doha round deal crucial

OECD Warns Against Interest Rate Cuts Amid Ongoing Downturn
World economy will suffer its slowest growth for six years due to credit crunch and house price slump

Secured Loans - The Best Option In The Times Of Global Credit Crunch
Unless a person has been hiding under a rock, he or she will be aware of that nasty business, the so-called 'credit crunch'. Are loans becoming harder to find? Go for the secured loans to get instant relief from you financial problems.

How The Credit Crunch Is Affecting Existing Credit Card Customers
How does the credit crunch really affect the average person in the high street and in particular credit card customers...

Sinking Feeling About the British Economy
Richard Wachman: Sir Win Bischoff - chairman of Citigroup - stuck his head above the parapet last week to say that the worst of the credit crunch was over

Forget the Naysayers - America Remains an Inspiration to Us All
Will Hutton: The US will recover from the credit crunch. Already there is an aggression and activism about how to respond that makes the British look limp

The View From Omaha: Devotees Flock to Hear World's Richest Man
His homespun investment strategy has made him $10bn profit from the credit crunch

Credit Crunch: Light at the End of the Tunnel
The credit crunch has been gripping the country for the last several months. This article discusses the current situation with the credit crunch.

Credit Suisse Posts £1bn Loss
Swiss bank shocks investors with continuing depth of credit crunch by posting further £2.6bn in write downs

Bank of America Profits Fall 77%
Credit crunch sees quarterly profits plunge after weak trading on Wall Street and in retail banking

Credit Crunch Causes Plunge in Bank of America Profits
Quarterly profits fall by 77% after weak trading on Wall Street and in retail banking

Interest Rates and the Credit Crunch
This article looks at the current problems of the credit crunch in the US.

Now Super-rich Face a Backlash As Credit Crunch Hits Home in America
Even the wealthy are starting to question the morals of money, reports Joanna Walters in New York

Same Day Payday Loans - Short Term Cash Loans
Almost everybody face financial crunches and need short term cash. Same Day Payday Loans are most convenient way to meet your financial needs. This is one of the unsecured loans that can be borrowed even if you have bad credit history. You will know the positive aspects of same day payday loans along with facts related to such loans.

Google Makes Gains During Credit Crunch
The internet company has defied predictions of economic doom by delivering a 31% surge in quarterly profits

Banks Must Come Clean, Says Eu Commissioner
The only way to restore confidence in global financial markets is for every financial institution to reveal the full extent of its exposure to the credit crisis, Charlie McCreevy said today

Investors Pressure Ubs to Change Chairman
UBS, the biggest European victim of the credit crunch, has come under fresh fire from activist investors over the appointment of its top lawyer as chairman

Banks Must Come Clean - Eu Commissioner
The only way to restore confidence in global financial markets is for every financial institution must reveal the full extent of its exposure to the credit crisis, Charlie McCreevy said today

A Popularity Contest
Leader: Here is Mr Brown's opportunity to tell banks that their reckless lending and trading caused the credit crunch

Money to Be Made in Manila
As everywhere in the world, the credit crunch causes most people in most countries to tighten the grip on their pockets, the Philippines, well to be honest, Manila, money is being thrown about by the million.

IMF Makes Gloomy Forecast for Uk Economy
Alistair Darling's prediction that Britain will bounce back from the credit crunch by next year looks hopelessly optimistic

City Expects Interest Rate Cut to 5% - and Business Hopes for More in May
Bank of England expected to respond to growing threat to economy from global credit crisis

Credit Crunch to Spill Over the World
Despite slew of negative headlines, stock markets around the world still managed to close the week up around 4%. The FTSE and CAC managed 4.7% and 5.4% gains while the Nasdaq 100 was the pick of the US markets, closing the week up 5.2%. The rally was sparked by Lehman Brothers announcing the sale billion of dollars worth of shares late on Monday night.

How to Avoid Foreclosure
Home foreclosure has become rampant in today's credit crunch. Find out ways to avoid the foreclosure of your home.

20,000 Wall Street Jobs at Risk
More than 20,000 people are forecast to lose their jobs on Wall Street as the credit crunch hits business at financial institutions

In Praise of ... Citizens Advice
Leader: For many affected by the current credit crunch the country's 400-odd Citizens Advice bureaux perform an invaluable role

Credit Crunch Woes: Getting a Loan is a lot Tougher
Remember the good old days? You find a home or investment property in a booming neighborhood, you get an offer accepted, and you close on your new home, and your average credit score granted you a fantastic mortgage with no hiccups and no questions asked. Finally amateurs could play with the big boys and get rich quick flipping houses.

Credit Crunch Woes Claim America's Fifth-biggest Bank
Credit crunch claims biggest victim yet when the US Federal Reserve orchestrated an emergency bail-out for Bear Stearns

Credit Crunch, Act Two
Leader: Believe it or not, only a few months ago some were talking of an abatement in the credit squeeze

Credit Crunch 'could Last Years'
Terry Smith, the outspoken chief executive of money brokers Tullett Prebon, warned today that the current turmoil in the financial markets could take 'years not months' to unwind. By Jill Treanor

US Repossessions Hit Record High, Sparking Dollar Sell-off
Mortgage delinquency rate highest since 1985 as slump in the American housing market and the impact of the credit crunch affects the poorest borrowers

Credit Card Crunch
Could surging credit cards bills become the next sub-prime crisis?

Credit Crunch Comes Home
Leader: When Samuel Beckett tired of entertaining house guests, he did not ask them to leave

I Got the Ben Bernanke Blues
With more news from a series of banks this week on hits from risky sub-prime assets, we revisit the origins of the credit crunch

Sovereign-Wealth Funds: Savior or Menace?
This article discusses what is being done to fix the problems related to the current global credit crisis. It also looks at what future effects might be brought about by the subprime and credit crisis.

Central Banks and the Credit Crunch of 2007
On December 12, 2007, America's Federal Reserve, the Bank of England, the European Central Bank (ECB), the Bank of Canada and the Swiss National Bank, as well as Japan's and Sweden's central banks joined forces in a plan to ease the worldwide liquidity squeeze.

Central and Eastern Europe (CEE), Global Recession and Foreign Direct Investment (FDI)
How will the credit crunch of 2007 affect foreign direct investment in Central and Eastern Europe? What if it develops into a full scale recession in the West and especially in the USA?

Citigroup Given $7.5bn Lifeline From Gulf State
The struggling American bank Citigroup has secured a $7.5bn (£3.6bn) investment from Abu Dhabi as it scrambles to bolster its finances following huge losses from the global credit crunch

Blackstone Says Deals Will Get Harder
The US private equity company Blackstone has predicted a slowdown in multibillion dollar 'mega-deals' because of the current credit crunch, but insisted that economic fundamentals are strong as it unveiled a surge in profits to $774m

Lehman Takes $700m Hit From Credit Crunch, But Shares Edge Up
The Wall Street investment bank Lehman Brothers has revealed that the global credit crunch knocked $700m (£350m) off its revenue over the summer as mortgage-backed securities plummeted in value.

Leading Lender Likens Us Credit Crisis to Great Depression
The US financial industry displayed fresh signs of distress from the credit crunch afflicting global money markets yesterday, with one mortgage provider describing lending conditions as the worst since the Great Depression of the 1930s.

Vivendi Junk Rated After 12bn Euro Loss
The extent of the crisis facing Vivendi Universal was made brutally clear when the media group revealed a 12.3bn euro first-half loss and saw its credit rating downgraded to 'junk'. By John Cassy.