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Treasury Default Firewall Hatched in 2011 Crisis: Credit Markets

2013-10-11 15:37:44| Footwear - Topix.net

The groundwork for preventing a U.S. Treasury default from causing a cataclysmic breakdown of the plumbing of the global financial system was laid after the last debt-ceiling crisis in 2011 -- and is still a work in progress.

Tags: credit default markets crisis

 

Realtors warn lawmakers government default could spell disaster for economy, housing

2013-10-10 22:09:55| Real Estate - Topix.net

Congress should raise the federal debt limit in order to avoid a default that could be "disastrous" for the nation's economy and "catastrophic" for the nascent housing rebound, the National Association of Realtors said today.

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What happens in a US debt default?

2013-10-10 15:44:52| BBC News | Business | UK Edition

What happens when the US stops paying its bills?

Tags: us default debt

 

Obama warns of US default danger

2013-10-03 00:25:34| BBC News | Business | UK Edition

President Obama meets Congressional leaders for talks on the US shutdown after warning Wall St should be concerned about the risk of default.

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American Crystal Sugar to default on $71.2 million government loan

2013-10-01 07:40:49| Sugar Industry News

FARGO American Crystal Sugar will default on a government loan of $71.2 million under a program that provides relief when a glut of sugar depresses prices.

Tags: american government million default

 

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