The Ad-Free Personal Finance Blogs Aggregator
171,091 entries from 1,092 weblogs - updated every 5 minutes - bookmark us!
Finally, an ad-free aggregator for personal finance, real estate, and investing blogs!
New! (December 27) We are now indexing 1,000 blogs! Also, we're announcing a previously undocumented feature already in use on a few personal finance blogs.

Viewing entries for

View all blogs (popular) | Personal finance (popular) | Real estate (popular) | Investing (popular) | Visit

Monday, July 14, 2008
From Calculated Risk - view blog entries - visit this blog
July 14, 2008 at 11:59 am ET
Smaller banks are getting hit hard today. As examples, First Horizon is off 19%, Downey Financial is off 11%, Zions is off 16%, and M&T is off 15%. WaMu is off 17% too. National City is ... (more)

From Calculated Risk - view blog entries - visit this blog
July 14, 2008 at 11:57 am ET
Today is a bad day for many regional banks ... UPDATE: NCC statement: "National City is experiencing no unusual depositor or creditor activity. As of the close of Friday's business, the bank maintained more than ... (more)

From Calculated Risk - view blog entries - visit this blog
July 14, 2008 at 9:40 am ET
Paul Krugman has a new column on Fannie and Freddie which I think is important. I'm going to take issue with a fair amount of it, but not with the basic argument that the uproar ... (more)

From Calculated Risk - view blog entries - visit this blog
July 14, 2008 at 1:30 am ET
The WSJ has a feature story on Steve and Barry's: Retailer's Collapse Hits Mall Owners. This is the retailer that used tenant improvement payments to fuel their growth. The WSJ reports that Steve & Barry's ... (more)

Sunday, July 13, 2008
From Calculated Risk - view blog entries - visit this blog
July 13, 2008 at 10:02 pm ET
There have now been 5 FDIC insured bank failures in 2008, the most since 2002 (11). But this is nothing compared to number of failures during the S&L crisis in the '80s and early '90s. ... (more)

From Calculated Risk - view blog entries - visit this blog
July 13, 2008 at 7:14 pm ET
Update2: NY Times report: Rescue Sought for Fannie and Freddie WSJ report: U.S. Announces Rescue Plan For Fannie Mae, Freddie Mac Update: From the Fed Board grants Federal Reserve Bank of New York the authority to lend ... (more)

From Calculated Risk - view blog entries - visit this blog
July 13, 2008 at 4:25 pm ET
From the FDIC: FDIC Chairman Sheila C. Bair Issues Statement on IndyMac Federal Bank, FSB, Conservatorship FDIC Chairman Sheila C. Bair said, "Over the past weekend, I have seen news reports which have fairly and ... (more)

From Calculated Risk - view blog entries - visit this blog
July 13, 2008 at 2:41 pm ET
From the WSJ: Treasury to Issue Statement Supportive of Mortgage Giants The Treasury is expected later today to make a statement supportive of beleaguered mortgage giants Fannie Mae and Freddie Mac ... Here is the ... (more)

From Calculated Risk - view blog entries - visit this blog
July 13, 2008 at 2:35 pm ET
"No flooring ... let's see, a little mountain view looking that way, but no flooring ... no kitchen!" ... (more)

From Calculated Risk - view blog entries - visit this blog
July 13, 2008 at 10:46 am ET
From Jeffrey Birnbaum and Steve Mufson at the WaPo: Freddie Mac's Next Hurdle: Raise Cash (hat tip SS) Treasury Department officials were working the telephones yesterday to make sure that Freddie Mac ... will be ... (more)

From Calculated Risk - view blog entries - visit this blog
July 13, 2008 at 1:18 am ET
From The Times: US Treasury rescue for Fannie Mae and Freddie Mac US TREASURY secretary Hank Paulson is working on plans to inject up to $15 billion of capital into Fannie Mae and Freddie Mac ... (more)

Saturday, July 12, 2008
On Maes and Macs (13 clicks)
From Calculated Risk - view blog entries - visit this blog
July 12, 2008 at 3:49 pm ET
My somewhat tenuous attention was captured this morning by this little parenthetical in the NYT story on the IndyMac failure:The bank, once part of the Countrywide Financial Corporation, is the first major bank to shut ... (more)

From Calculated Risk - view blog entries - visit this blog
July 12, 2008 at 8:48 am ET
Which is not the name of a band but probably should be. Via Big Picture, we find this at Bloomberg:July 11 (Bloomberg) -- The Federal Reserve has not had any discussions with Fannie Mae and Freddie ... (more)

From Calculated Risk - view blog entries - visit this blog
July 12, 2008 at 8:00 am ET
Note: I'm hiking in the Sierras, but I thought I'd leave some thoughts on employment. I'll be back Saturday night or Sunday morning. I'm pessimistic on employment - I think problems in the labor market will ... (more)

Friday, July 11, 2008
From Calculated Risk - view blog entries - visit this blog
July 11, 2008 at 8:16 pm ET
Full press release here:IndyMac Bank, F.S.B., Pasadena, CA, was closed today by the Office of Thrift Supervision. The Federal Deposit Insurance Corporation (FDIC) was named conservator. The FDIC will transfer insured deposits and substantially all ... (more)

From Calculated Risk - view blog entries - visit this blog
July 11, 2008 at 4:00 pm ET
It's Friday. Time to check with the FDIC. Here is the FDIC Failed Bank List. Please send any stories to Tanta. ... (more)

From Calculated Risk - view blog entries - visit this blog
July 11, 2008 at 2:00 pm ET
I hate prepayment penalties and always have. In theory, they work just like an early withdrawal penalty on a certificate of deposit: you are paid a higher rate of interest in exchange for giving up ... (more)

From Calculated Risk - view blog entries - visit this blog
July 11, 2008 at 11:11 am ET
This clears things up:Secretary Henry M. Paulson Jr. made the following comment today on news stories about "contingency planning" at Treasury: "Today our primary focus is supporting Fannie Mae and Freddie Mac in their current ... (more)

From Calculated Risk - view blog entries - visit this blog
July 11, 2008 at 10:00 am ET
I'll be out of communication range today. Please send all stories to Tanta. Thanks, Best to all, CR ... (more)

From Calculated Risk - view blog entries - visit this blog
July 11, 2008 at 8:45 am ET
Oil nearly $146. Import Prices up 2.6% From the WSJ: U.S. May Trade Gap Unexpectedly Shrinks I'll be out today. Please send stories to Tanta. Best to all. ... (more)

From Calculated Risk - view blog entries - visit this blog
July 11, 2008 at 8:44 am ET
The whole essay is worth reading, if only as a refreshing change from the overheated rhetoric of the last few days. Note that Pearlstein will be having an online chat today at 11:00 Eastern ... (more)

From Calculated Risk - view blog entries - visit this blog
July 11, 2008 at 12:54 am ET
Two articles ... From the WSJ: Mortgage Giants Face Pressure Over Capital Even as federal officials sought to reassure investors about the financial health of Fannie Mae and Freddie Mac, pressure mounted on the giant ... (more)

Thursday, July 10, 2008
From Calculated Risk - view blog entries - visit this blog
July 10, 2008 at 9:38 pm ET
From Michael Rosenwald at the WaPo: Slide by Marriott Signals Distress for Hotel Industry (hat tip John) Let there be no mistaking it now: The hotel boom is kaput. Marriott International, one of the world's ... (more)

From Calculated Risk - view blog entries - visit this blog
July 10, 2008 at 6:23 pm ET
Check out the ABX-HE-AAA- 07-2 close today. More Cliff Diving! Note: The ABX indices are based on credit default swaps (CDS) for various tranches of subprime mortgage-backed securities (MBS). For some background, here is a ... (more)

From Calculated Risk - view blog entries - visit this blog
July 10, 2008 at 4:23 pm ET
From the LA Times: Countrywide takeover will pay off, BofA's CEO says [Lewis] said Bank of America paid so little for the lender that once the books on the deal were closed, the Countrywide operation ... (more)

| | | | | | | | |