Business Credit & LBO's

$50 Billion Bell Canada Deal in Trouble
By Sean Michael Kerner — Largest leveraged buyout ever in the telecom sector hits a major snag that could derail the deal
Nov 26 2008, USA (INTERNET NEWS.COM)

Systemic Risk, Contagion and Trade Finance - Back to the Bad Old Days
By 'London Banker' — As the contagion effects of the current liquidity crisis feed through to the real economy, we're headed back to the 'bad old days'
Nov 14 2008, LONDON, ENGLAND, UK (LONDON BANKER.BLOGSPOT)

Yet More Trade Finance Worries (Not for the Fainthearted)
By Yves Smith — Baltic Dry Index collapse the result of evaporating trade credit based on the venerable letter of credit
Nov 14 2008, USA (NAKED CAPITALISM)

Global Financial Crisis Rocks US Trade
By News Staff — Global financial implosion took a heavy toll on US trade in September, hitting imports and exports
Nov 13 2008, WASHINGTON, D.C., USA (AFP)

Troubled LBO Loans Nearly Triple
By Yves Smith — Troubled LBO loans nearly triple
Oct 09 2008, USA (NAKED CAPITALISM.COM)

A Line of Potential LBO Failures: S&P Report Calls It "Meltdown"
By Lyndon LaRouche — KPMG says the huge leveraged-takeover wave led by private equity funds is now approach meltdown akin to "dot.com" IPO/takeover crash
Jul 16 2007, LEESBURG, VIRGINIA, USA (LAROUCHE PAC)

HELOC's

Bank Lending Actually Increased... Sort Of
By Markham Lee — Recent increase in HELOC lending indicates a growing risk of increased defaults in '09
Nov17 2008, SEATTLE, WASHINGTON, USA (SEEKING ALPHA)

Highlights from history:?How America went from 'nation of renters' to 'an ownership society'
By Kathy Fairchild — The role HELOC's played in the now traumatic dream of U.S. home ownership
Nov 29 2008, MARSHALL, MISSOURI, USA (MARSHALL DEMOCRAT NEWS)

The next phase of the mortgage meltdown: HELOCS
By Mr. Mortgage — The coming Home Equity Line Of Credit crisis
Apr 04 2008, CALIFORNIA, USA (LIVE LEAK)

Consumer Credit (cards, auto)

Bailiffs get power to use force on debtors
By Jon Ungoed-Thomas — Proposed wide-ranging new powers for bailiffs to break into homes and to use “reasonable force” against householders who try to protect their valuables from seizure
Dec 12 2008, LONDON, ENGLAND, UK (TIMES ONLINE)

America must keep consumer liquidity flowing
By Meredith Whitney — Recommendations to keep consumers alive during extraordinary times
Nov 30 2008, LONDON, ENGLAND, UK (FINANCIAL TIMES)

Debt Rattle, November 30 2008: How to Build a Lifeboat
By 'Stoneleigh' — Dealing with a deflationary scenario
Nov 30 2008, USA (AUTOMATIC EARTH)

Consumers still adding leverage to income; when will this stop?
By Rebecca Wilder — When will consumers finally be forced to reduce debt?
Nov 28 2008, USA (RGE MONITOR)

Bank of America sees record credit card losses
By Kim & Carey — BAC forecasts record losses for the U.S. credit card industry
Nov 18 2008, DETROIT, MICHIGAN, USA (REUTERS)

Credit card horror stories
By News Staff — Credit cardholders are beginning to see the horror of it all
Oct 24 2008, NORTH PALM BEACH, FLORIDA, USA (BANKRATE.COM)

Personal Finance & Savings

Psst..Wanna buy a cheap Rolls?
By Hugh Riminton — As the downturn deepens, Hong Kong's suddenly strapped rich must dump luxury flats and cars (video)
Nov 21 2008, HONG KONG (CNN)

Down and Out in Beverly Hills: Rolexes, Picassos Hit Pawnshops
By Michael Janofsky — Beverly Loan is not just any pawnshop...
Nov 07 2008, NEW YORK, USA (BLOOMBERG)