NY FED Map Bank Card and Mortgage Delinquencies in the United States
We all fell in love with Maps during the Elections. Here is a grim one Mr. Grinch
(the map may take a while to come, it is extensive)
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Feds unveil plans to unfreeze consumer debt market
The government has introduced a pair of new programs that will provide $800 billion to help unfreeze the market for consumer debt which Treasury Secretary Henry Paulson calls vital to supporting the economy.
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Croat Christmas Cancelled
The Croatian government has banned Christmas and New Year parties in the public sector because of the global financial crisis.
State-run firms and organisations have also been told that they won't be allowed to dip into their funds to buy Christmas presents.
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IMF thesis gives no reason to think the worst is over
In a study covering 17 developed economies over three decades, the IMF came up with three findings of particular relevance.
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Fed would grant up to $540B to money market funds
The Federal Reserve announced Tuesday that it will provide up to $540 billion in financing to bolster the money market mutual fund industry, its latest effort to get credit flowing more freely again.
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