credit crunch

So the stock market lost almost TWICE as much yesterday then the proposed bailout that was supposed to save us all. Yet the world did not come to an end! The overseas markets, while not rose are still OK http://money.cnn.com/2008/09/30/markets/stockswatch/?postversion=2008093007...

Re: The Credit Crunch, SubPrime Loans, Mortgage Derivatives etc. In all the coverage of the current financial crisis, the figures made prominent in the media are the trillions of dollars tied up in the US mortgage market and the derivatives developed out of that market, over which, via Fanny...

It was revealed today in the news that UBS is expected to declare a 2008 first quarter loss that will give rise to a total loss attributable to the sub-prime mortgage crisis of $37.5 billion. Apparently, Merrill Lynch’s losses are not much smaller, and there is clearly a long line of lenders...

Today, central banks around the world have attempted to ease the global credit squeeze by injecting billions of dollars into money markets. I'm trying to figure out where this money comes from. The tax payers? Is it new money that has a potentially inflationary effect? Or is it money that was...