Bank of America has frozen it's money market account for Institutional Investors. CNBC says the fund is called Columbia Strategic Cash Portfolio and has assets of $12 billion.
Monday, December 10, 2007
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It's not just a Housing Recession anymore.
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2007
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December
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- The Worst Centeral Banker in History?
- Out of Country
- Inflation and Citigroup SIV
- Countrywide's November oan funding drops 40 percent
- Fed Providing Liquidity
- Rate Cuts not Helping Many Borrowers
- Fed Cuts by 25 basis points
- Hitting Prudent Borrower
- Bank of America freezing Money Market Accounts
- Pending Home Sales
- Profit Slump and Recession Worries
- Consumers Pulling Back
- It's a buyers market..NOT
- Countrywide Isn't Out of Woods Yet
- U.S. Mortgage Foreclosures, Delinquencies at Recor...
- Housing Prices to Drop 30%
- How about more bailouts?
- Begging for Fannie and Freddie
- Fannie Mae Raises Home Price Decline Forecast to 5%
- Fed Rate Cut Expections
- Alt-A losses climb
- Fannie Mae to Cut Quarterly Dividend by 30% to Con...
- Unfreezing Florida Funds
- Details of the Freeze Plan
- Where are the market heading?
- Lennar & Morgan Stanely Deal
- Things are different this time
- Goldman Sachs newsletter and it's bets
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December
(28)
About Me
- Housing Depression
- Being a financially resposible person, it's hard to live in a credit bubble where no one seems to care about tommorrow. I hope to provide other with insights into financial and housing industries.
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