Blog Detail
Crisis Diary as it unfolds ....
http://crisisdiary.wordpress.com/
This blog is to track the developments of global financial crisis as the events unfold.
Recent Posts
China’s call for global currency and who said what?
Chinese Central bank now wants to get rid of its US$ and has called for a global currency. Wall Street journal China called for the creation of a new currency to eventually replace the dollar as the world’s standard, proposing a sweeping overha...
Reflation
First, Geithner announced a plan of private-public partnership where in private players bear initial 15% of losses taxpayers bear the remaining share of the pie. Then, FASB changed the rules of the game to do away with mark-to-market accounting. Well...
18-March-09: Meanwhile ..
Catching up on the update meanwhile .. 1. Outrage in US over AIG - Benranke called it most upsetting event in the crisis, outrage on AIG bonuses. The real question is, who is actually being bailed out by bailing out AIG? Essentially the counter-parti...
Rally on reassuring words from Ben
Market was looking for trigger for short-covering, which came from reassuring words from Bernanke. I don’t think anybody believes recovery is going to be that quick, not even Ben Bernanke. He knew he had to say it, so that markets can take a br...
20-Feb-09: Crisis watch
Crisis watch as of 20-Feb-09. S&P 500 : 769.50 VIX : 49.30 TED Spread : 97.99 GOLD : 1002$/toz. Oil : apprx 40$/bbl ...
Too big to save? Europe in crisis
One of the phrases we repetitively heard during the crisis was ‘too big to fail’ - mostly coming out of Washington. Now as we learn new developments in Europe, the problem is not just that some banks are too big to fail, they are too big ...


Hey Nice work on the blog. I had look through and hope to read more interesting stuff on the current financial crisis as it unfolds. My blog is pretty much on the same area.
Posted: January 28th, 2009 | More Reviews From duniyah | Report This Comment