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 »
Posts Tagged ‘LIBOR’
Dollar LIBOR jumps to new credit crisis extreme
Posted by smeddum on October 10, 2008
Posted in Financial crisis | Tagged: credit crisis, economic collapse, economic disaster, economic slump, LIBOR | 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: credit crisis, LIBOR | 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.
Posted in Financial crisis | Tagged: credit seizure, LIBOR, overnight | Leave a Comment »
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