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	<title>Stock Investment Blog&#124;Journal of Stock Investments&#124;Portfolio &#187; Credit Crunch</title>
	<atom:link href="http://investment-blog.net/tag/credit-crunch/feed" rel="self" type="application/rss+xml" />
	<link>http://investment-blog.net</link>
	<description>Investment is an art. You don’t have to be a rocket scientist to understand how to pick stocks. In fact, think of yourself as a fine artist.</description>
	<pubDate>Thu, 28 Aug 2008 20:50:46 +0000</pubDate>
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		<title>Bond and mortgage insurers jump on MBIA deal</title>
		<link>http://investment-blog.net/bond-and-mortgage-insurers-jump-on-mbia-deal/</link>
		<comments>http://investment-blog.net/bond-and-mortgage-insurers-jump-on-mbia-deal/#comments</comments>
		<pubDate>Thu, 28 Aug 2008 20:50:15 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Stock Market Updates]]></category>

		<category><![CDATA[U.S Hot Stocks]]></category>

		<category><![CDATA[Ambac Financial Group]]></category>

		<category><![CDATA[Ambac Financial Group Inc]]></category>

		<category><![CDATA[Bond Insurer]]></category>

		<category><![CDATA[Closing Bell]]></category>

		<category><![CDATA[Collateralized Debt Obligations]]></category>

		<category><![CDATA[Credit Crunch]]></category>

		<category><![CDATA[Fannie Mae]]></category>

		<category><![CDATA[Finance Company]]></category>

		<category><![CDATA[Financial Group Inc]]></category>

		<category><![CDATA[Financial Guaranty Insurance]]></category>

		<category><![CDATA[John Spence]]></category>

		<category><![CDATA[Mbia]]></category>

		<category><![CDATA[Mbia Inc]]></category>

		<category><![CDATA[Mgic Investment]]></category>

		<category><![CDATA[Mgic Investment Corp]]></category>

		<category><![CDATA[Mortgage Finance]]></category>

		<category><![CDATA[Mortgage Insurers]]></category>

		<category><![CDATA[Municipal Bonds]]></category>

		<category><![CDATA[Pmi Group Inc]]></category>

		<category><![CDATA[Radian Group Inc]]></category>

		<guid isPermaLink="false">http://investment-blog.net/?p=3215</guid>
		<description><![CDATA[MBIA rallies on reinsurance deal
Bond, mortgage insurers gain early; investors mull Fannie shakeup
By John Spence, MarketWatch
Last Update: 8/28/2008 1:11:00 PM
BOSTON (MarketWatch) &#8212; Shares of mortgage and bond insurers rallied Thursday on
news that MBIA Inc. is in a deal to reinsure billions of dollars in municipal
bonds, showing the embattled bond insurer is able to attract new [...]]]></description>
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		</item>
		<item>
		<title>French banks stung by further credit crisis losses</title>
		<link>http://investment-blog.net/french-banks-stung-by-further-credit-crisis-losses/</link>
		<comments>http://investment-blog.net/french-banks-stung-by-further-credit-crisis-losses/#comments</comments>
		<pubDate>Thu, 28 Aug 2008 14:37:50 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Stock Market Updates]]></category>

		<category><![CDATA[Banking Operations]]></category>

		<category><![CDATA[Bets]]></category>

		<category><![CDATA[Credit Agricole]]></category>

		<category><![CDATA[Credit Crisis]]></category>

		<category><![CDATA[Credit Crunch]]></category>

		<category><![CDATA[Dominique]]></category>

		<category><![CDATA[Ferrero]]></category>

		<category><![CDATA[French Banks]]></category>

		<category><![CDATA[Geographic Areas]]></category>

		<category><![CDATA[Investment Banking]]></category>

		<category><![CDATA[Marketwatch]]></category>

		<category><![CDATA[Natixis]]></category>

		<category><![CDATA[Profit Drop]]></category>

		<category><![CDATA[Proportion]]></category>

		<category><![CDATA[Proprietary Trading]]></category>

		<category><![CDATA[Risk Exposure]]></category>

		<category><![CDATA[Risk Profile]]></category>

		<category><![CDATA[Second Quarter]]></category>

		<category><![CDATA[Strong Points]]></category>

		<category><![CDATA[Volatility]]></category>

		<guid isPermaLink="false">http://investment-blog.net/?p=3211</guid>
		<description><![CDATA[French banks stung by credit-crisis losses
Natixis, Credit Agricole refocus investment banking operations
By Simon Kennedy, MarketWatch
Last Update: 8/28/2008 10:28:00 AM
LONDON (MarketWatch) &#8212; France&#8217;s third- and fourth-largest banks reported
slumping results from the credit crunch on Thursday, with Credit Agricole
revealing a 94% profit drop and Natixis swinging to a loss of about $1.5 billion.
The weakened results have also [...]]]></description>
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		</item>
		<item>
		<title>Forecasting further write-downs, Goldman cuts estimates for banks</title>
		<link>http://investment-blog.net/forecasting-further-write-downs-goldman-cuts-estimates-for-banks/</link>
		<comments>http://investment-blog.net/forecasting-further-write-downs-goldman-cuts-estimates-for-banks/#comments</comments>
		<pubDate>Wed, 20 Aug 2008 20:02:54 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[U.S Hot Stocks]]></category>

		<category><![CDATA[Auction Rate]]></category>

		<category><![CDATA[Citigroup Inc]]></category>

		<category><![CDATA[Credit Crunch]]></category>

		<category><![CDATA[Fannie Mae]]></category>

		<category><![CDATA[Global Equity Markets]]></category>

		<category><![CDATA[Goldman Sachs]]></category>

		<category><![CDATA[Goldman Sachs Analysts]]></category>

		<category><![CDATA[Institutional Activity]]></category>

		<category><![CDATA[J P Morgan Chase]]></category>

		<category><![CDATA[J P Morgan Chase Co]]></category>

		<category><![CDATA[John Spence]]></category>

		<category><![CDATA[Lehman Brothers]]></category>

		<category><![CDATA[Lehman Brothers Holdings]]></category>

		<category><![CDATA[Lehman Brothers Holdings Inc]]></category>

		<category><![CDATA[Merrill Lynch]]></category>

		<category><![CDATA[Merrill Lynch Co]]></category>

		<category><![CDATA[Mortgage Assets]]></category>

		<category><![CDATA[Negative Estimate Revisions]]></category>

		<category><![CDATA[Profit Estimates]]></category>

		<category><![CDATA[Third Quarter Results]]></category>

		<guid isPermaLink="false">http://investment-blog.net/?p=3102</guid>
		<description><![CDATA[Goldman sees more pain for banks, brokers
Analysts cut profit estimates and warn of more write-downs, asset sales
By John Spence, MarketWatch
Last Update: 8/20/2008 3:13:00 PM
BOSTON (MarketWatch) &#8212; Goldman Sachs analysts became the latest to chop their
profit estimates on bank and brokerage stocks on the expectation of more ugly
write-downs triggered by the ongoing tumult in credit markets.
&#8220;We [...]]]></description>
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		</item>
		<item>
		<title>FOCUS: Insurers Eye Emerging-Mkt Buys, Avoid Large M&#038;A Deals</title>
		<link>http://investment-blog.net/focus-insurers-eye-emerging-mkt-buys-avoid-large-ma-deals/</link>
		<comments>http://investment-blog.net/focus-insurers-eye-emerging-mkt-buys-avoid-large-ma-deals/#comments</comments>
		<pubDate>Tue, 19 Aug 2008 16:17:41 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Mergers and Acquisitions]]></category>

		<category><![CDATA[Agency Moody]]></category>

		<category><![CDATA[Assicurazioni Generali]]></category>

		<category><![CDATA[Assicurazioni Generali Spa]]></category>

		<category><![CDATA[Axa Assicurazioni]]></category>

		<category><![CDATA[Banco Santander]]></category>

		<category><![CDATA[Chief Investment Strategist]]></category>

		<category><![CDATA[Credit Crisis]]></category>

		<category><![CDATA[Credit Crunch]]></category>

		<category><![CDATA[Global Credit]]></category>

		<category><![CDATA[Insurance Operations]]></category>

		<category><![CDATA[James Beadle]]></category>

		<category><![CDATA[Mature Markets]]></category>

		<category><![CDATA[Negative Trends]]></category>

		<category><![CDATA[Royal Bank Of Scotland]]></category>

		<category><![CDATA[Royal Bank Of Scotland Group]]></category>

		<category><![CDATA[Royal Bank Of Scotland Group Plc]]></category>

		<category><![CDATA[Scotland Group Plc]]></category>

		<category><![CDATA[Western European Banks]]></category>

		<category><![CDATA[Zurich Financial Services]]></category>

		<category><![CDATA[Zurn]]></category>

		<guid isPermaLink="false">http://investment-blog.net/?p=3093</guid>
		<description><![CDATA[PARIS (Dow Jones)&#8211;Europe&#8217;s insurers remain in the hunt for small to midsize
acquisitions, with the action likely to center on promising emerging markets in
the East and South, while larger, balance-sheet-straining deals in mature markets
will likely have to wait as companies tread cautiously in the face of the global
credit crisis.
Insurance heavyweights such as Axa SA (AXA), Assicurazioni [...]]]></description>
		<wfw:commentRss>http://investment-blog.net/focus-insurers-eye-emerging-mkt-buys-avoid-large-ma-deals/feed/</wfw:commentRss>
		</item>
		<item>
		<title>Wachovia to buy back about $9 billion of auction-rate securities</title>
		<link>http://investment-blog.net/wachovia-to-buy-back-about-9-billion-of-auction-rate-securities/</link>
		<comments>http://investment-blog.net/wachovia-to-buy-back-about-9-billion-of-auction-rate-securities/#comments</comments>
		<pubDate>Fri, 15 Aug 2008 16:47:13 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Stock Market Updates]]></category>

		<category><![CDATA[Administrators Association]]></category>

		<category><![CDATA[Auction Rate]]></category>

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		<category><![CDATA[Chatman]]></category>

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		<category><![CDATA[Liquidity Risk]]></category>

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		<category><![CDATA[North American Securities]]></category>

		<category><![CDATA[Profile Bank]]></category>

		<category><![CDATA[Sec News]]></category>

		<category><![CDATA[Securities And Exchange Commission]]></category>

		<category><![CDATA[State Regulators]]></category>

		<category><![CDATA[Thomsen]]></category>

		<category><![CDATA[Wachovia]]></category>

		<category><![CDATA[Wachovia Corp]]></category>

		<category><![CDATA[Wachovia Securities]]></category>

		<guid isPermaLink="false">http://investment-blog.net/?p=3061</guid>
		<description><![CDATA[Wachovia to buy back auction-rate securities
Bank reaches agreement with regulators to repurchase about $9 billion
By John Spence, MarketWatch
Last Update: 8/15/2008 12:45:00 PM
BOSTON (MarketWatch) &#8212; State and federal regulators said Friday that Wachovia
Corp. has agreed to a preliminary settlement related to the sale of roughly $9
billion in auction-rate securities, the market for which collapsed earlier this
year.
Charlotte, [...]]]></description>
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		</item>
		<item>
		<title>Fund Manager Survey Shows Global Recession Fears On Rise</title>
		<link>http://investment-blog.net/fund-manager-survey-shows-global-recession-fears-on-rise/</link>
		<comments>http://investment-blog.net/fund-manager-survey-shows-global-recession-fears-on-rise/#comments</comments>
		<pubDate>Wed, 13 Aug 2008 15:09:42 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Stock Market Updates]]></category>

		<category><![CDATA[Asset Allocators]]></category>

		<category><![CDATA[Bank Of England]]></category>

		<category><![CDATA[Core Inflation]]></category>

		<category><![CDATA[Corporate Pr]]></category>

		<category><![CDATA[Credit Crunch]]></category>

		<category><![CDATA[Economic Assessments]]></category>

		<category><![CDATA[Economic Slowdown]]></category>

		<category><![CDATA[Euro Zone]]></category>

		<category><![CDATA[Financial Crisis]]></category>

		<category><![CDATA[Fund Managers]]></category>

		<category><![CDATA[Global Economy]]></category>

		<category><![CDATA[Global Recession]]></category>

		<category><![CDATA[Institutional Investors]]></category>

		<category><![CDATA[Merrill Lynch]]></category>

		<category><![CDATA[Overweight]]></category>

		<category><![CDATA[Recession Fears]]></category>

		<category><![CDATA[Respondents]]></category>

		<category><![CDATA[Sarah Turner]]></category>

		<category><![CDATA[Stagflation]]></category>

		<category><![CDATA[Twelve Months]]></category>

		<guid isPermaLink="false">http://investment-blog.net/?p=3049</guid>
		<description><![CDATA[Fund Manager Survey Shows Global Recession Fears On Rise
Last Update: 8/13/2008 9:03:24 AM
By Sarah Turner
More fund managers now believe that the global economy will enter into recession,
according to Merrill Lynch&#8217;s fund manager survey for August.
The survey of 193 asset allocators managing $611 billion in assets found that a
net 3% believe that a global recession is [...]]]></description>
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		</item>
		<item>
		<title>Credit squeeze getting worse, banks tell Fed</title>
		<link>http://investment-blog.net/credit-squeeze-getting-worse-banks-tell-fed/</link>
		<comments>http://investment-blog.net/credit-squeeze-getting-worse-banks-tell-fed/#comments</comments>
		<pubDate>Mon, 11 Aug 2008 18:22:20 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Stock Market Updates]]></category>

		<category><![CDATA[Appetite]]></category>

		<category><![CDATA[Banks]]></category>

		<category><![CDATA[Borrowers]]></category>

		<category><![CDATA[Commercial Real Estate]]></category>

		<category><![CDATA[Consumers]]></category>

		<category><![CDATA[Credit Cards]]></category>

		<category><![CDATA[Credit Crunch]]></category>

		<category><![CDATA[Economy]]></category>

		<category><![CDATA[Federal Reserve]]></category>

		<category><![CDATA[Home Equity Loans]]></category>

		<category><![CDATA[Home Mortgages]]></category>

		<category><![CDATA[Industrial Loans]]></category>

		<category><![CDATA[Loan Officer]]></category>

		<category><![CDATA[Marketwatch]]></category>

		<category><![CDATA[Real Estate Loans]]></category>

		<category><![CDATA[Record Percentage]]></category>

		<category><![CDATA[Three Months]]></category>

		<guid isPermaLink="false">http://investment-blog.net/?p=3045</guid>
		<description><![CDATA[WASHINGTON (MarketWatch) - The U.S. economy was squeezed further by the credit crunch in the past three months, and most banks expect to keep a lid on credit for the next year at least, the Federal Reserve reported Monday. A record percentage of banks were making it more difficult for borrowers in the three months [...]]]></description>
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		</item>
		<item>
		<title>Mass sues Merrill over auction-rate securities sales</title>
		<link>http://investment-blog.net/mass-sues-merrill-over-auction-rate-securities-sales/</link>
		<comments>http://investment-blog.net/mass-sues-merrill-over-auction-rate-securities-sales/#comments</comments>
		<pubDate>Thu, 31 Jul 2008 15:28:28 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Stock Market Updates]]></category>

		<category><![CDATA[1 Million]]></category>

		<category><![CDATA[Attorney General Martha Coakley]]></category>

		<category><![CDATA[Auction Rate]]></category>

		<category><![CDATA[Auction Sales]]></category>

		<category><![CDATA[Boston Massachusetts]]></category>

		<category><![CDATA[Credit Crunch]]></category>

		<category><![CDATA[General Martha Coakley]]></category>

		<category><![CDATA[Marketwatch]]></category>

		<category><![CDATA[Massachusetts Attorney General]]></category>

		<category><![CDATA[Massachusetts Secretary Of The Commonwealth]]></category>

		<category><![CDATA[Merrill Co]]></category>

		<category><![CDATA[Merrill Lynch]]></category>

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		<category><![CDATA[Sales Efforts]]></category>

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		<category><![CDATA[Securities Sales]]></category>

		<category><![CDATA[Swiss Bank]]></category>

		<category><![CDATA[Ubs]]></category>

		<category><![CDATA[William Galvin]]></category>

		<guid isPermaLink="false">http://investment-blog.net/?p=3000</guid>
		<description><![CDATA[BOSTON (MarketWatch) &#8212; Massachusetts Secretary of the Commonwealth William
Galvin has filed a complaint against Merrill Lynch &#038; Co. related to the sale of
auction-rate securities, the market for which blew up during the credit crunch.
Among other things, the complaint alleges Merrill co-opted its research
department &#8220;to assist in sales efforts geared towards reducing its inventory of
auction-rate securities.&#8221; [...]]]></description>
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		</item>
		<item>
		<title>Fed&#8217;s Stern sees credit crunch lasting longer and may get worse</title>
		<link>http://investment-blog.net/feds-stern-sees-credit-crunch-lasting-longer-and-may-get-worse/</link>
		<comments>http://investment-blog.net/feds-stern-sees-credit-crunch-lasting-longer-and-may-get-worse/#comments</comments>
		<pubDate>Mon, 28 Jul 2008 14:07:22 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Stock Market Updates]]></category>

		<category><![CDATA[Bank Failure]]></category>

		<category><![CDATA[Commodity Prices]]></category>

		<category><![CDATA[Core Interest]]></category>

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		<category><![CDATA[Definition Of Recession]]></category>

		<category><![CDATA[Dismal Failure]]></category>

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		<category><![CDATA[Gary Stern]]></category>

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		<category><![CDATA[Headwinds]]></category>

		<category><![CDATA[Immense Pain]]></category>

		<category><![CDATA[Lengthy Period]]></category>

		<category><![CDATA[Lower Mortgage]]></category>

		<category><![CDATA[Money Supply]]></category>

		<category><![CDATA[Mortgage Rates]]></category>

		<category><![CDATA[Rapid Increase]]></category>

		<guid isPermaLink="false">http://investment-blog.net/?p=2978</guid>
		<description><![CDATA[LONDON (MarketWatch) &#8212; Gary Stern, president of the Federal Reserve Bank of Minneapolis, believes the credit crunch will continue for several quarters and could still get worse, according to an interview with the Financial Times newspaper. Stern said that with its core interest rate at 2%, the Fed is well-placed to cope with further weakness [...]]]></description>
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		</item>
		<item>
		<title>UPDATE:Morgan Stanley Earnings Reignite Financial Firm Fears</title>
		<link>http://investment-blog.net/updatemorgan-stanley-earnings-reignite-financial-firm-fears/</link>
		<comments>http://investment-blog.net/updatemorgan-stanley-earnings-reignite-financial-firm-fears/#comments</comments>
		<pubDate>Wed, 18 Jun 2008 17:01:37 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Stock Market Updates]]></category>

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		<guid isPermaLink="false">http://investment-blog.net/?p=2842</guid>
		<description><![CDATA[UPDATE:Morgan Stanley Earnings Reignite Financial Firm Fears
Last Update: 6/18/2008 12:40:41 PM
(Updates with additional investor comment and fresh CDS and CDX levels)
By Kate Haywood
Of DOW JONES NEWSWIRES
NEW YORK (Dow Jones)&#8211;The cost of debt protection for Morgan Stanley (MS) moved
wider Wednesday after the investment bank unveiled a 60% slump in second-quarter
profit, reaffirming fears about financial firms.
Five-year senior [...]]]></description>
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		</item>
		<item>
		<title>Morgan Stanley&#8217;s quarterly profit falls 60%</title>
		<link>http://investment-blog.net/morgan-stanleys-quarterly-profit-falls-60/</link>
		<comments>http://investment-blog.net/morgan-stanleys-quarterly-profit-falls-60/#comments</comments>
		<pubDate>Wed, 18 Jun 2008 12:58:56 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
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		<guid isPermaLink="false">http://investment-blog.net/?p=2841</guid>
		<description><![CDATA[Morgan Stanley&#8217;s quarterly profit off 60%
By Greg Morcroft, MarketWatch
Last Update: 6/18/2008 8:57:00 AM
NEW YORK (MarketWatch) &#8212; Morgan Stanley, the third U.S. investment bank to
report financial results this week, said Wednesday second-quarter profit fell 60%
as continued weakness in key businesses reflected the ongoing credit crunch as
well as the falling real-estate market.
The company (MS) reported net income [...]]]></description>
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		<item>
		<title>N.Y. Fed&#8217;s Geithner backs moves easing the credit crunch</title>
		<link>http://investment-blog.net/ny-feds-geithner-backs-moves-easing-the-credit-crunch/</link>
		<comments>http://investment-blog.net/ny-feds-geithner-backs-moves-easing-the-credit-crunch/#comments</comments>
		<pubDate>Mon, 09 Jun 2008 17:28:13 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
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		<guid isPermaLink="false">http://investment-blog.net/?p=2805</guid>
		<description><![CDATA[Geithner backs Fed liquidity actions, calls for more
Says moves to deflate pockets of risk, as some critics want, are likely to fail
By Laura Mandaro, MarketWatch
Last Update: 6/9/2008 1:10:00 PM
SAN FRANCISCO (MarketWatch) &#8212; The Federal Reserve should have more options to
relieve a liquidity squeeze, the head of the New York Fed said Monday, offering
support for the [...]]]></description>
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		</item>
		<item>
		<title>Student Lenders Tiptoe Back To Market With Govt Bailout</title>
		<link>http://investment-blog.net/student-lenders-tiptoe-back-to-market-with-govt-bailout/</link>
		<comments>http://investment-blog.net/student-lenders-tiptoe-back-to-market-with-govt-bailout/#comments</comments>
		<pubDate>Wed, 04 Jun 2008 15:56:50 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Stock Market Updates]]></category>

		<category><![CDATA[Bailout]]></category>

		<category><![CDATA[Community Colleges]]></category>

		<category><![CDATA[Council Of Higher Education]]></category>

		<category><![CDATA[Credit Crunch]]></category>

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		<category><![CDATA[Education Assistance Authority]]></category>

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		<category><![CDATA[Education Loan Program]]></category>

		<category><![CDATA[Federal Family Education]]></category>

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		<category><![CDATA[Higher Education Loan]]></category>

		<category><![CDATA[Kentucky Higher Education]]></category>

		<category><![CDATA[Loan Volume]]></category>

		<category><![CDATA[Nelnet Inc]]></category>

		<category><![CDATA[Principal Value]]></category>

		<category><![CDATA[Private Lenders]]></category>

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		<category><![CDATA[Student Loan Corp]]></category>

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		<guid isPermaLink="false">http://investment-blog.net/?p=2784</guid>
		<description><![CDATA[Student Lenders Tiptoe Back To Market With Govt Bailout
Last Update: 6/4/2008 9:46:55 AM
DOW JONES NEWSWIRES
School&#8217;s out for summer, but some lenders are just getting back to campus.
After abandoning the Federal Family Education Loan Program over the past few
months, a number of companies are reconsidering whether they can make a profit
from the government-backed loans now that [...]]]></description>
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		</item>
		<item>
		<title>UPDATE: Ambac Wrote Down $228M In CDOs In April Amid Woes</title>
		<link>http://investment-blog.net/update-ambac-wrote-down-228m-in-cdos-in-april-amid-woes/</link>
		<comments>http://investment-blog.net/update-ambac-wrote-down-228m-in-cdos-in-april-amid-woes/#comments</comments>
		<pubDate>Wed, 28 May 2008 15:51:51 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Stock Market Updates]]></category>

		<category><![CDATA[Abk]]></category>

		<category><![CDATA[Ambac Financial Group]]></category>

		<category><![CDATA[Ambac Financial Group Inc]]></category>

		<category><![CDATA[Asset Backed Securities]]></category>

		<category><![CDATA[Bond Insurer]]></category>

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		<category><![CDATA[Collateralized Debt Obligations]]></category>

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		<guid isPermaLink="false">http://investment-blog.net/?p=2754</guid>
		<description><![CDATA[ DOW JONES NEWSWIRES 
Ambac Financial Group Inc. (ABK) said it wrote down $228 million in
collateralized-debt obligations in April as it continues to be weighed down by
the credit crunch.
In a monthly update on its pretax financial data, the second-largest bond insurer
also reported a $53.4 million loss on fair-value changes in its investment
portfolio more than offset [...]]]></description>
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		</item>
		<item>
		<title>Banks hit by losses from Citi hedge fund, insurance policies</title>
		<link>http://investment-blog.net/banks-hit-by-losses-from-citi-hedge-fund-insurance-policies/</link>
		<comments>http://investment-blog.net/banks-hit-by-losses-from-citi-hedge-fund-insurance-policies/#comments</comments>
		<pubDate>Tue, 20 May 2008 17:49:14 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[Stock Market Updates]]></category>

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		<category><![CDATA[Bank Owned Life Insurance]]></category>

		<category><![CDATA[Citigroup]]></category>

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		<category><![CDATA[Fifth Third Bancorp]]></category>

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		<category><![CDATA[Life Insurance Policies]]></category>

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		<category><![CDATA[Mcdermid]]></category>

		<category><![CDATA[Regional Banks]]></category>

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		<guid isPermaLink="false">http://investment-blog.net/?p=2713</guid>
		<description><![CDATA[Fifth Third, Wachovia hit by losses from Citi hedge fund
By Riley McDermid, MarketWatch
Last Update: 12:25 PM ET May 20, 2008
NEW YORK (MarketWatch) - Two regional banks confirmed Tuesday that they have lost
more than $600 million from investments tied to a Citigroup hedge fund that got
clobbered during the credit crunch earlier this year.
Fifth Third Bancorp (FITB) [...]]]></description>
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