Merrill Lynch's fire sale of toxic mortgage debt last week has generated hopeful discussion about the beginning of the end of the credit crisis being at hand.


Citigroup to cut more than 50,000 jobs
Citigroup said Monday it planned to cut more than 50,000 jobs, the latest move by the struggling bank to cut costs in order to weather the credit...
Cost of borrowing falls further
Lending rates remained near historically low levels Wednesday as banks struggle to put the credit crisis behind them.
Forecast 2009: Your home
Forget the old saw that all real estate is local. What's pummeling housing prices in your nabe is the same thing that's hurting them around the...
Lending rates fall to pre-Lehman levels
Lending rates fell Tuesday to levels not seen since before Wall Street's credit crisis erupted in mid-September.
Buyout titan KKR delays public listing
Private equity titan Kohlberg Kravis Roberts is delaying its plan to go public until 2009 amid the credit crisis and turbulence in financial markets.
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