Chronicles of the Recession and the Economic Downturn

This Blog is a chronological record of the worst economic recession since the Great Depression

Friday, August 31, 2007

Why a US Subprime Mortgage Crisis is Felt Around the World

NY Times
Posted by Dennis Jones at 3:23 PM
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Saturday, August 18, 2007

Sentinel Management Group Inc. filed for Chapter 11 bankruptcy Friday

Chicago Tribune 8/17/2007
Posted by Dennis Jones at 4:02 PM
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Friday, August 17, 2007

Countrywide Forced to Tap $11.5 Billion in Credit

OC Register 8/17/2007
Posted by Dennis Jones at 4:15 PM
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Friday, August 10, 2007

U.S. subprime default fears roil markets but manageable

Reuters 8/10/2007
Posted by Dennis Jones at 6:51 PM
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Thursday, August 9, 2007

ECB & FED Inject 95 Billion Euros to Help Markets

Financial Times 8/9/2007
Posted by Dennis Jones at 3:58 PM
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Wednesday, August 1, 2007

Bear Stearns halts redemptions in third hedge fund

Reuters 8/1/2007
Posted by Dennis Jones at 3:43 PM
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LInks

  • What are Credit Default Swaps?
  • What is Mortgage Securitization?
  • What is a Subprime Mortgage?
  • What are Collateralized Debt Obligations?
  • What are Mortgage Backed Securities?
  • Bureau of Labor Statistics Calendar
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  • US Debt as of Today's Date
  • Federal Reserve Interest Rate Changes
  • The American Recovery and Reinvestment Act of 2009
  • http://stimuluswatch.org

Price of Gold Over Five Years

Job Fair Hopefuls

Job Fair Hopefuls
A line of job seekers snakes around the Whitcomb Hotel as they wait to enter the California Job Journal HIREvent Feb. 10 in San Francisco. By Justin Sullivan Getty Images

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