It’s been a long way back, but two of the most widely watched stock market barometers are now trading right around where they were before the financial excrement really hit the fan in September 2008.
The Dow closed Tuesday at 11,476.54, its highest close since September 8, 2008 — a week before the bankruptcy of Lehman [...]
Posts Tagged ‘global credit’
Are the markets back? Reply is hazy - The Buzz
December 15th, 2010 by Financial Writer
Tags: 2012, AIG, au, bank, bankruptcy, ben, business, businesses, China, citigroup, company, credit market, crisis, Debt, deficit, depression, economic, economic growth, economic recovery, economy, euro, Europe, fed, financial, financial crisis, glo, global credit, global economic, government, great depression, great recession, Invest, investment, investor, investors, job, money, rate, recession, sales, stock, stock market, stocks, united states, us, wall street
more...Dubai seeks debt delay, some units cut to junk
November 25th, 2009 by Financial Writer
Dubai said on Wednesday two of its flagship firms planned to delay repayment on billions of dollars of debt as a first step toward restructuring Dubai World, the conglomerate that spearheaded the emirate’s breakneck growth.
The sudden move by the Gulf government led Standard & Poor’s and Moody’s Investors Service to deeply downgrade several government-related entities. [...]
Tags: debt delay, dubai, global credit, islamic, real estate investment