Back to Search Start Over

Credit Shows Signs of Easing on Bank Rescue.

Authors :
Ng., Serena
Rappaport, Liz
Mollenkamp, Carrick
McCracken, Jeffrey
Enrich, David
Rieker, Matthias
Source :
Wall Street Journal - Eastern Edition. 10/15/2008, Vol. 252 Issue 90, pA1-A2. 2p. 1 Color Photograph, 1 Chart.
Publication Year :
2008

Abstract

The article discusses signs of improving conditions in credit markets. On October 14, 2008 interest rates on commercial paper and corporate bond yields both declined. The cost of insuring debt issued by Morgan Stanley and Goldman Sachs Group Inc. fell dramatically. Kathleen Shanley of Gimme Credit notes that although U.S. government intervention in the financial industry has helped, credit markets still remain wary.

Details

Language :
English
ISSN :
00999660
Volume :
252
Issue :
90
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
34740620