https://nontonwae.pages.dev/blogs/thereporters/creditcrunch/ en-us Copyright 2007 http://www.sixapart.com/movabletype/?v=3.2 http://blogs.law.harvard.edu/tech/rss Robert Peston interviews Governor of the Bank of England Mervyn King about the earlier crisis at Northern Rock. Robert Peston (BBC News) https://nontonwae.pages.dev/blogs/thereporters/robertpeston/2007/11/the_governor_speaks.html https://nontonwae.pages.dev/blogs/thereporters/robertpeston/2007/11/the_governor_speaks.html Credit Crunch Tue, 06 Nov 2007 10:21:15 +0000 Robert Peston reflects on the resignation of Citigroup boss Charles Prince. Robert Peston (BBC News) https://nontonwae.pages.dev/blogs/thereporters/robertpeston/2007/11/the_citi_tsunami.html https://nontonwae.pages.dev/blogs/thereporters/robertpeston/2007/11/the_citi_tsunami.html Credit Crunch Mon, 05 Nov 2007 07:45:00 +0000 Robert Peston notes that following a new guarantee, Northern Rock is now, probably, the safest place for anyone's cash. Robert Peston (BBC News) https://nontonwae.pages.dev/blogs/thereporters/robertpeston/2007/10/rock_buys_time.html https://nontonwae.pages.dev/blogs/thereporters/robertpeston/2007/10/rock_buys_time.html Credit Crunch Tue, 09 Oct 2007 10:01:59 +0000 Robert Peston writes about UBS, the first bank to admit that it's suffered a substantial loss as as result of this summer's credit market turmoil. Robert Peston (BBC News) https://nontonwae.pages.dev/blogs/thereporters/robertpeston/2007/10/humiliation_of_ubs.html https://nontonwae.pages.dev/blogs/thereporters/robertpeston/2007/10/humiliation_of_ubs.html Credit Crunch Mon, 01 Oct 2007 08:00:00 +0000 Robert Peston questions whether markets are really back to normal following the lack of interest in the Bank's auction. Robert Peston (BBC News) https://nontonwae.pages.dev/blogs/thereporters/robertpeston/2007/09/the_shame_of_smelly_banks.html https://nontonwae.pages.dev/blogs/thereporters/robertpeston/2007/09/the_shame_of_smelly_banks.html Credit Crunch Wed, 26 Sep 2007 14:00:00 +0000 Robert Peston wonders whether the Bank's auction can restore faith in markets. Robert Peston (BBC News) https://nontonwae.pages.dev/blogs/thereporters/robertpeston/2007/09/banks_scary_auction.html https://nontonwae.pages.dev/blogs/thereporters/robertpeston/2007/09/banks_scary_auction.html Credit Crunch Tue, 25 Sep 2007 14:45:00 +0000 Robert Peston takes stock of the consequences of Northern Rock’s decision to apply for emergency help. Robert Peston (BBC News) https://nontonwae.pages.dev/blogs/thereporters/robertpeston/2007/09/taking_stock_of_the_rock.html https://nontonwae.pages.dev/blogs/thereporters/robertpeston/2007/09/taking_stock_of_the_rock.html Credit Crunch Sun, 23 Sep 2007 10:03:47 +0000 Evan Davis reflects on the importance of Mervyn King's answers to MPs this morning. Evan Davis (BBC News) https://nontonwae.pages.dev/blogs/thereporters/evandavis/2007/09/lack_of_defence.html https://nontonwae.pages.dev/blogs/thereporters/evandavis/2007/09/lack_of_defence.html Notes on Real Life Thu, 20 Sep 2007 16:26:00 +0000 Robert Peston wonders if lecturing bankers is the best way to resolve a financial crisis. Robert Peston (BBC News) https://nontonwae.pages.dev/blogs/thereporters/robertpeston/2007/09/mervyn_were_innocent.html https://nontonwae.pages.dev/blogs/thereporters/robertpeston/2007/09/mervyn_were_innocent.html Credit Crunch Thu, 20 Sep 2007 16:20:28 +0000 Evan Davis writes that the real questions now are about three years, not three weeks. Evan Davis (BBC News) https://nontonwae.pages.dev/blogs/thereporters/evandavis/2007/09/no_picnic.html https://nontonwae.pages.dev/blogs/thereporters/evandavis/2007/09/no_picnic.html Notes on Real Life Thu, 20 Sep 2007 09:49:15 +0000 Robert Peston writes that he was struck at the torrent of support for Mervyn King from readers of his blog. Robert Peston (BBC News) https://nontonwae.pages.dev/blogs/thereporters/robertpeston/2007/09/fans_love_king_1.html https://nontonwae.pages.dev/blogs/thereporters/robertpeston/2007/09/fans_love_king_1.html Credit Crunch Thu, 20 Sep 2007 09:24:51 +0000 Robert Peston notes a new humiliation for the Bank of England, and wonders what the consequences will be. Robert Peston (BBC News) https://nontonwae.pages.dev/blogs/thereporters/robertpeston/2007/09/unstable_governor.html https://nontonwae.pages.dev/blogs/thereporters/robertpeston/2007/09/unstable_governor.html Credit Crunch Wed, 19 Sep 2007 17:15:00 +0000 The blame game has started. Who's responsible for the run on the Northern Rock? Daniel Dodd (BBC News) https://nontonwae.pages.dev/blogs/theeditors/2007/09/blame_the_messenger.html https://nontonwae.pages.dev/blogs/theeditors/2007/09/blame_the_messenger.html Daniel Dodd Wed, 19 Sep 2007 16:34:54 +0000 Robert Peston says senior bankers are livid and looking for someone to blame. First in their sights is Mervyn King. Robert Peston (BBC News) https://nontonwae.pages.dev/blogs/thereporters/robertpeston/2007/09/mervyn_still_on_rocks.html https://nontonwae.pages.dev/blogs/thereporters/robertpeston/2007/09/mervyn_still_on_rocks.html Credit Crunch Wed, 19 Sep 2007 08:03:23 +0000 Evan Davis says that, while the US and UK have similar problems, falling inflation is making things easier in Britain. Evan Davis (BBC News) https://nontonwae.pages.dev/blogs/thereporters/evandavis/2007/09/longawaited_solution.html https://nontonwae.pages.dev/blogs/thereporters/evandavis/2007/09/longawaited_solution.html Small Change Wed, 19 Sep 2007 07:01:00 +0000 Nick Robinson says that the authorities have been baffled by people's unwillingness to accept the Bank of England's guarantees. Nick (BBC News) http://blogs.bbc.co.uk/nickrobinson/2007/09/not_policy_fail.html http://blogs.bbc.co.uk/nickrobinson/2007/09/not_policy_fail.html Credit Crunch Tue, 18 Sep 2007 11:59:28 +0000 Robert Peston says that if people aren't reassured by the Government’s latest guarantees, then nothing will reassure them. Robert Peston (BBC News) https://nontonwae.pages.dev/blogs/thereporters/robertpeston/2007/09/saving_the_banks_1.html https://nontonwae.pages.dev/blogs/thereporters/robertpeston/2007/09/saving_the_banks_1.html Credit Crunch Tue, 18 Sep 2007 08:00:00 +0000 The chairman of the Financial Services Authority tells Robert Peston that the era of cheap money is "probably over". Robert Peston (BBC News) https://nontonwae.pages.dev/blogs/thereporters/robertpeston/2007/09/watchdog_growls.html https://nontonwae.pages.dev/blogs/thereporters/robertpeston/2007/09/watchdog_growls.html Credit Crunch Tue, 18 Sep 2007 07:45:19 +0000 Economic stability is the rock on which New Labour's election victories have been built. No wonder then that their opponents - in both the Tories and the Liberal Democrats - could not hold back their excitement at the possibility that... Nick (BBC News) http://blogs.bbc.co.uk/nickrobinson/2007/09/on_the_line.html http://blogs.bbc.co.uk/nickrobinson/2007/09/on_the_line.html Credit Crunch Mon, 17 Sep 2007 13:34:18 +0000 I had to chuckle when I heard Will Hutton on Today this morning (you can listen to the interview here). Here was the leftish head of the Work Foundation making the same arguments about the need for the Bank to... Robert Peston (BBC News) https://nontonwae.pages.dev/blogs/thereporters/robertpeston/2007/09/bank_on_the_rocks.html https://nontonwae.pages.dev/blogs/thereporters/robertpeston/2007/09/bank_on_the_rocks.html Credit Crunch Mon, 17 Sep 2007 10:20:23 +0000