In These New Times

A new paradigm for a post-imperial world

Posts Tagged ‘LIBOR’

Dollar LIBOR jumps to new credit crisis extreme

Posted by smeddum on October 10, 2008

Dollar Libor Jumps to New Credit Crisis Extreme
Interest-Rates / Credit Crisis 2008
Oct 09, 2008 – 02:39 PM
By: Mike_Shedlock Market Oracle
The cost of borrowing in dollars for three months in London soared to the highest level this year as coordinated interest-rate reductions worldwide failed to revive lending among banks for any longer than a day. Read the rest of this entry »

Posted in Financial crisis | Tagged: , , , , | Leave a Comment »

Credit Crisis Update: Rising LIBOR Hints at Bigger Problems to Come

Posted by smeddum on October 7, 2008

Tuesday, October 7th, 2008

Credit Crisis Update: Rising LIBOR Hints at Bigger Problems to Come
By Keith Fitz-Gerald
Investment Director
Money Morning/The Money Map Report

More than a year ago, even before the subprime-mortgage crisis had revved itself up into the full-fledged credit crisis that’s now threatening global growth, we pointed to the London Interbank Offered Rate (LIBOR) and other interbank rates that suggested that the worst was yet to come. Read the rest of this entry »

Posted in Uncategorized | Tagged: , | Leave a Comment »

Money-Market Rates Double Amid Global Credit Seizure

Posted by seumasach on September 16, 2008

Gavin Finch and Kim-Mai Cutler

Sept. 16 (Bloomberg) — The cost of borrowing in dollars overnight more than doubled to the highest since 2001 as the collapse of Lehman Brothers Holdings Inc. and credit downgrades of American International Group Inc. led banks to hoard cash.

Read the rest of this entry »

Posted in Financial crisis | Tagged: , , | Leave a Comment »

 
%d bloggers like this: