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Dyke, Virginia  home equity loans

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Banks' most pressing problem - bbc
A shortage of capital is a big issue for banks, as I've been blathering on about for days (and see my note of this morning on our banks' meeting with the chancellor and request for a capital injection from taxpayers). But the really urgent issue is ...

Subprime Suspects - Slate
The stock market rallied today after President Bush announced a deal under which mortgage lenders would cut subprime borrowers some slack and freeze rates. As such, it represents the latest effort by the financial-industrial complex to draw a bottom ...

Why banks won't lend - bbc
How much of banks' current reluctance to lend is determined by their reduced ability to raise funds from wholesale markets and how much by their perception that the risk of lending has increased? This matters, because it will determine whether the ...

The American way to fail - bbc
The breathtaking rises in the price of bank shares this morning are symptomatic of a stock market that is bereft of reason and is being driven almost purely by hysteria and momentum. They are surging in part because of the FSA's crackdown on short ...

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