Friday, February 13, 2009

Early Feb 13 Headlines

  • Mortgage rescues fail as price drops spur increase in defaults (Bloomberg)
  • Greenspan admits was mystified by subprime market until 2005 (NYT)
  • Hypo to be nationalized after JC Flowers walks (Bloomberg)
  • Will vulture investors be critical to recovery (Breakingviews)
  • Banks need more aid to keep solvent (NYT)
  • Eurozone contracts at record rate (FT)
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