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Finance > Underlying Debt
The following information is about Underlying Debt.
Underlying Debt Defined
Municipal bonds issued by government entities but under the control of larger government entities and for which the larger entity shares the credit responsibility.
This definition is in context to Finance. See more contextual defintions for Underlying Debt.
Stock drop heightens investors' money worries
Published October 6, 2008, 3:55 pm, INO News
The panicked selloff in the stock market that sent the Dow Jones industrial average down as much as 800 points Monday before it recovered left investors' jangled nerves further on edge.
Avis Credit Risk Soars on Debt Costs, Travel Slowdown (Update2)
Published October 6, 2008, 2:22 pm, Bloomberg
Oct. 6 (Bloomberg) -- The cost of protecting bonds of Avis Budget Group Inc. from default increased the most in at least four years last week on concerns that the economic slump will hurt travel and rising interest rates will raise borrowing costs.
Emerging-Market Bonds, Currencies Plunge on Recession Concern
Published October 6, 2008, 2:13 pm, Bloomberg
Oct. 6 (Bloomberg) -- Emerging-market bonds and currencies tumbled on concern that frozen credit markets will trigger a global recession, squelching demand for the developing nations' commodity exports.
Emerging Market Stocks Fall Most Ever; Brazil, Russia Tumble
Published October 6, 2008, 2:09 pm, Bloomberg
Oct. 6 (Bloomberg) -- Emerging-market stocks fell, sending the benchmark index to the biggest loss in its 21-year history, and exchanges in Brazil and Russia were forced to halt trading as the global banking crisis escalated in Europe and oil dropped below $90 a barrel.
System Crash on Wall Street
Published October 6, 2008, 2:02 pm, O'Reilly Media
The credit markets are seizing up, Congress-critters are trying to make the case for spending billions in a "rescue" package, the stock market gyrations are giving people whiplash, banks are popping like sulfur-filled bubbles and companies are suddenly having to make some hard decision about payroll at a time even when they have more than enough work. The end of the world as we know it seems to ...
Reliant to Review Options After Losing Half Its Value (Update4)
Published October 6, 2008, 1:42 pm, Bloomberg
Oct. 6 (Bloomberg) -- Reliant Energy Inc. , the owner of power plants in nine U.S. states, said it will explore strategic alternatives after cutting its profit projections and losing more than half of its market value last week.
Corporate Bond Risk Increases as Global Credit Crisis Deepens
Published October 6, 2008, 1:27 pm, Bloomberg
Oct. 6 (Bloomberg) -- The cost of protecting corporate bonds from default rose as the worldwide credit crisis deepened.
Cramer to the Market: Now Is the Time to Panic
Published October 6, 2008, 1:00 pm, The Motley Fool
TV pundit Jim Cramer sounds the alarm bells.
Avis Credit Risk Soars on Debt Costs, Travel Slowdown (Update1)
Published October 6, 2008, 12:57 pm, Bloomberg
Oct. 6 (Bloomberg) -- The cost of protecting bonds of Avis Budget Group Inc. from default increased about 40 percent last week on concerns that the economic slump will hurt travel and rising interest rates will raise borrowing costs.
Emerging Market Stocks Fall Most Ever; Brazil, Russia Tumble
Published October 6, 2008, 12:49 pm, Bloomberg
Oct. 6 (Bloomberg) -- Emerging market stocks fell the most ever and exchanges in Brazil and Russia were forced to halt trading as the global banking crisis escalated in Europe and oil dropped below $90 a barrel.
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