Read more credit market stories on Newserhttp://www.newser.com/taggrid/8784/credit-market.html2009 - Newseren-usNewser Feed GeneratorTue, 24 Nov 2009 6:08:18 CSThttp://www.newser.com/story/72522/russian-banks-foreclose-on-pigs-lingerie.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWith loan defaults soaring, Russia’s banks have had to seize a lot of collateral lately—and we’re not talking about houses. By year’s end, 20% of Russian loans could be non-performing, by Moody’s estimate. In order to recoup those losses, the banks have accepted controlling stakes in a lingerie retailer...http://www.newser.com/story/72522/russian-banks-foreclose-on-pigs-lingerie.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 26 Oct 2009 6:21:00 CDThttp://www.newser.com/story/70949/simmons-bankruptcy-study-in-private-equity-run-amok.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe mattress company Simmons will be filing for bankruptcy protection soon, wiping out bondholders and jeopardizing more jobs at a company that's already fired a quarter of its work force. While Simmons watched its debts balloon nearly tenfold since 1991, a string of private equity firms bought and sold the...http://www.newser.com/story/70949/simmons-bankruptcy-study-in-private-equity-run-amok.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 05 Oct 2009 7:30:00 CDThttp://www.newser.com/story/68543/recession-woes-penalize-nfl-franchises.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTight credit and the recession-driven scarcity of buyers and investors slashed the value of eight NFL teams this year, Forbes reports. It’s the first time in a decade that even one team has seen a decline. Though the average team value held steady at $1 billion, Oakland led the losers,...http://www.newser.com/story/68543/recession-woes-penalize-nfl-franchises.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 03 Sep 2009 13:55:27 CDThttp://www.newser.com/story/68091/credit-disparity-tells-tale-of-two-recoveries.html?utm_source=syn&utm_medium=rss&utm_campaign=tagA fractured, polarized credit market is splitting America’s companies into the recovering and the desperate, the Wall Street Journal reports. For the mostly big companies with easy access to credit, the recovery is in full swing, but for the mostly small companies that can’t borrow, things seem as desperate as...http://www.newser.com/story/68091/credit-disparity-tells-tale-of-two-recoveries.html?utm_source=syn&utm_medium=rss&utm_campaign=tagSat, 29 Aug 2009 12:31:28 CDThttp://www.newser.com/story/66732/consumers-blindsided-by-card-cancellations.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMany credit card users are getting to the register only to discover that their cards have been canceled—without a word of warning, the Wall Street Journal reports. With credit tightening, many issuers give only a cursory rationale for the drops, and then only by mail weeks later. And though...http://www.newser.com/story/66732/consumers-blindsided-by-card-cancellations.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 12 Aug 2009 12:44:53 CDThttp://www.newser.com/story/64345/feds-probe-shady-market-for-derivatives.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe Justice Department is probing the market for credit-default swaps, the largely unregulated derivatives that contributed to the financial crisis, Bloomberg reports. Justice is investigating whether big banks have unfair access to price information through their ownership of a private company that provides data to investors. The Obama administration wants...http://www.newser.com/story/64345/feds-probe-shady-market-for-derivatives.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 14 Jul 2009 9:33:23 CDThttp://www.newser.com/story/55818/turnaround-dont-get-too-giddy-just-yet.html?utm_source=syn&utm_medium=rss&utm_campaign=tagSigns of an economic recovery seem to be sprouting all around, but plenty of skeptics warn against starting the celebration too early, reports the New York Times. Wall Street has been on the upswing the last two months as the credit market begins to thaw and low interest rates aid...http://www.newser.com/story/55818/turnaround-dont-get-too-giddy-just-yet.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 10 Apr 2009 6:39:00 CDThttp://www.newser.com/story/51869/fed-bailout-spawns-more-zombie-banks.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe Federal Reserve’s aggressive lending to banks has helped avert financial collapse, but it may have created some monsters as well, the Wall Street Journal reports. A research paper from the University of Chicago suggests that while federal aid has succeeded some in thawing frozen credit markets, it has also...http://www.newser.com/story/51869/fed-bailout-spawns-more-zombie-banks.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 26 Feb 2009 9:40:51 CSThttp://www.newser.com/story/51349/credit-crunch-pinches-entire-lending-system.html?utm_source=syn&utm_medium=rss&utm_campaign=tagBanks aren’t lending, and to change that the government is propping up not just the banks but also the vast, largely unseen financial system that fuels them, the New York Times reports. Banks rarely keep the loans they make anymore; instead, debt is packaged into securities and sold, generating capital...http://www.newser.com/story/51349/credit-crunch-pinches-entire-lending-system.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 20 Feb 2009 12:35:01 CST