SEC charges Sentinel with fraud for commingling, misappropriating, leveraging

Section:

By James B. Kelleher
Reuters
Monday, August 20, 2007

http://www.reuters.com/article/businessNews/idUSN2031044920070820

CHICAGO -- The U.S. Securities and Exchange Commission filed civil fraud charges on Monday against Sentinel Management Group Inc, the cash management firm serving the U.S. futures industry that filed for Chapter 11 bankruptcy protection late on Friday.

Ambrose Evans-Pritchard: Blame central banking, not capitalism

Section:

Capitalism Not to Blame for Debacle

By Ambrose Evans-Pritchard
The Telegraph, London
Tuesday, August 21, 2007

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/08/21/ccbank...

The witch hunt has begun.

Goldman strategist predicts three rate cuts by year-end

Section:

Markets Wary of Further Fed Cuts
as US Bond Yields Dive to '87 Levels

By Ambrose Evans-Pritchard and David Litterick
The Telegraph, London
Tuesday, August 22, 2007

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/08/21/cnmark...

Fed fails to calm money markets as commercial paper dump continues

Section:

Fed Fails to Calm Money Markets

By Krishna Guha, Francesco Guerrera, and Saskia Scholtes
Financial Times, London
Monday, August 20, 2007

http://www.ft.com/cms/s/0/699699f4-4f21-11dc-b485-0000779fd2ac.html

Most U.S. primary dealer banks expect fed funds rate cut soon

Section:

Calm After Fed Move Turns to Uncertainty

By Kevin Plumberg
Reuters
Monday, August 20, 2007

http://www.reuters.com/article/bondsNews/idUSL2068258020070820

NEW YORK -- The initial euphoria in financial markets after Friday's Federal Reserve discount rate cut faded on Monday, and questions began to be asked about what more needed to be done to improve confidence in lending.

What's in YOUR wallet? Do you even HAVE one now?

Section:

Capitol One Shuts Mortage Unit, Sheds 1,900 Jobs

By Mike Baker
Associated Press
via Yahoo News
Monday, August 20, 2007

http://news.yahoo.com/s/ap/20070820/ap_on_bi_ge/capital_one_financial_wh...

How a panicky day led the Fed to act

Section:

Freezing of Credit
Drives Sudden Shift;
Shoving to Make Trades

By Randall Smith, Carrick Mollenkamp, Joellen Perry, and Grep Ip
The Wall Street Journal
Monday, August 20, 2007

Strains in financial markets had been evident for weeks, but Thursday, Aug. 16, was different.

Ambrose Evans-Pritchard: Bernanke fears economy will hit brick wall

Section:

By Ambrose Evans-Pritchard
The Telegraph, London
Monday, August 20, 2007

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/08/20/ccview...

Another German bank bailed out amid credit crunch

Section:

Sachsen LB is Bailed Out As
Credit Crunch Fallout Widens

By Ivar Simensenin
Financial Times, London
Sunday, August 18, 2007

http://www.ft.com/cms/s/9e6e71ac-4d22-11dc-a51d-0000779fd2ac.html

China seen likely to keep investing in private equity

Section:

China Eyes Investing in Private Equity, Hedge Funds

By Langi Chiang
Reuters
Sunday, August 19, 2007

http://www.reuters.com/article/ousiv/idUSPEK22323520070819