Archive for April, 2010

But the sovereign debt crisis won’t be another subprime meltdown.

Read the original:
Smart Money Is Short Debt Of Greece, Spain, Portugal And Japan

May 1 — European stocks posted the biggest weekly drop since February on concern that Greeces debt crisis will spread across the region.

Here is the original post:
European Stocks Post Weekly Decline on Debt Concern; Banks Drop

Both the U.S.

Continued here:
Is A Debt Crisis Around The Corner For U.S.?

The government’s latest accounting of holdings of Treasury securities shows China still in first place as the largest foreign holder of U.S. government debt.

See original here:
China still No. 1 foreign holder of Treasury debt

WAILUKU – A budget cut to the county’s fire and rescue helicopter could leave the program without enough money to last through 2011, Fire Chief Jeff Murray said Thursday.

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Helicopter cut worries fire chief

As Greece barreled closer to the edge of a debt default this week, fears that the crisis would infect other countries rattled the world’s financial markets. “It’s not a question of the danger of contagion,” Angel Gurria, the head of the Organization for Economic Cooperation, said. “Contagion has already happened.

Original post:
Debt roulette: Is Portugal next?

The Dodgers have over $400 million of debt.

Original post:
Dodgers’ Woes Highlight Downside of Debt

Full back Samuel Inkoom fled home as a teenager, helped Ghana beat Brazil in the world under-20 final and has run the gauntlet of angry fans in his country.

The rest is here:
Inkoom becomes a driving force for Ghana

Moody’s downgraded the debt and deposit ratings of nine Greek banks on Friday, as the country’s leaders attempt to reach an agreement with their European counterparts on a rescue package, and with their population on austerity measures.

Continued here:
Moodys Downgrades Debt Ratings on Greek Banks

The Greek debt crisis may be turning into a European Central Bank crisis.

Continued here:
Concerns grow that Greece debt crisis could overstress European Bank