Countdown to Financial Armageddon
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Countdown to Financial Armageddon
Tracking the final days of the debt bubble
Curated by Nick Laight
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The first of many? BNP Paribas writes down Greek Debt by 60% as earnings slump

The first of many? BNP Paribas writes down Greek Debt by 60% as earnings slump | Countdown to Financial Armageddon | Scoop.it

BNP Paribas, the largest French bank, said it was writing off 60 percent of the value of its Greek debt holdings, a belated acknowledgement that the loans were largely unrecoverable.

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Federal Reserve's $1.2 trillion emergency loans: who borrowed what and when

Federal Reserve's $1.2 trillion emergency loans: who borrowed what and when | Countdown to Financial Armageddon | Scoop.it

The US Federal Reserve offered emergency lending programs to help banks with cash. See an updated ranking of financial institutions that had the biggest loans.

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