Comments on: Effect of Credit Crunch on Housing Market http://www.mortgageguideuk.co.uk/blog/uk-housing-market/effect-of-credit-crunch-on-housing-market/ Simplifying Finance, Housing and debt Wed, 10 Mar 2010 10:45:59 +0000 http://wordpress.org/?v=2.9 hourly 1 By: Credit Crunch Explained | Finance Blog http://www.mortgageguideuk.co.uk/blog/uk-housing-market/effect-of-credit-crunch-on-housing-market/comment-page-1/#comment-1750 Credit Crunch Explained | Finance Blog Thu, 02 Oct 2008 12:46:52 +0000 http://www.mortgageguideuk.co.uk/blog/?p=336#comment-1750 [...] Effect of Credit Crunch on Housing Markets [...] [...] Effect of Credit Crunch on Housing Markets [...]

]]> By: jospeh http://www.mortgageguideuk.co.uk/blog/uk-housing-market/effect-of-credit-crunch-on-housing-market/comment-page-1/#comment-1707 jospeh Sun, 21 Sep 2008 10:12:59 +0000 http://www.mortgageguideuk.co.uk/blog/?p=336#comment-1707 One of the most important spanish banks is under fire in its own market. A massive scandal that could sum up to €3Bn is going to damage the image around the globe of Santander Bank. Contrary of what appear in the international press "Spain's insurers, funds unaffected by Lehman -govt" the total amount of impact could be well above the €3Bn line Millions of structured bonds were sold by the Santader Bank and its Private Bank branch "Banif" during last years under the name "Fondos 100% garantizados", translated: "100% guaranteed funds". There was not a single mention on the comercial brochures of "Lehman Brothers" nor anything else. Now suddlenly and with surprise the spanish icon, a potential €3Bn write-off could appear in its balance sheet. http://afectadosporbanif.ning.com/group/pressrelations One of the most important spanish banks is under fire in its own market. A massive scandal that could sum up to €3Bn is going to damage the image around the globe of Santander Bank. Contrary of what appear in the international press “Spain’s insurers, funds unaffected by Lehman -govt” the total amount of impact could be well above the €3Bn line

Millions of structured bonds were sold by the Santader Bank and its Private Bank branch “Banif” during last years under the name “Fondos 100% garantizados”, translated: “100% guaranteed funds”. There was not a single mention on the comercial brochures of “Lehman Brothers” nor anything else. Now suddlenly and with surprise the spanish icon, a potential €3Bn write-off could appear in its balance sheet.

http://afectadosporbanif.ning.com/group/pressrelations

]]> By: Uncommonadvice http://www.mortgageguideuk.co.uk/blog/uk-housing-market/effect-of-credit-crunch-on-housing-market/comment-page-1/#comment-1702 Uncommonadvice Thu, 18 Sep 2008 14:06:24 +0000 http://www.mortgageguideuk.co.uk/blog/?p=336#comment-1702 This is the best explanation of the Credit Crunch in laymans terms I've came across on the net............. but how would you suggest bringing it to an end? This is the best explanation of the Credit Crunch in laymans terms I’ve came across on the net…………. but how would you suggest bringing it to an end?

]]> By: Bonfire of the Bankers - Explained — Economics Blog http://www.mortgageguideuk.co.uk/blog/uk-housing-market/effect-of-credit-crunch-on-housing-market/comment-page-1/#comment-1700 Bonfire of the Bankers - Explained — Economics Blog Thu, 18 Sep 2008 07:38:25 +0000 http://www.mortgageguideuk.co.uk/blog/?p=336#comment-1700 [...] Effect of Credit Crunch on Housing Market [...] [...] Effect of Credit Crunch on Housing Market [...]

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