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[shareholdersunite.com] Credit crisis is easing fast ”” shareholdersunite.com: The fastest drop since the start of the year, when the rate tumbled to 1.08 percent on Jan. 14 from 1.42 percent nine days earlier, coincides with President Barack Obama’s efforts to restore the economy and the banking system to health.

[Daily Finance] Ray of light: Credit markets continue to thaw: The credit markets have thawed to allow takeovers and spread leverage. Nothing has been done to make loans more accessable and cheaper for the common man.

[Money Morning] Global Investment News Briefs: Weak demand and a supply glut could cloud the coal industry’s prospects for the rest of the year, even as U.S. coal miners are likely to show strong quarterly profits this month, Reuters reported. But big U.S. coal producers should weather the economic downturn because they sold much of this year’s production at higher prices negotiated before the recession hit last September.

[Contrarian Stock Market Investing News - Featuring Bargain Stocks] Stock market news | Global Investment News Briefs Wednesday April ...: In a sign bankers are gaining confidence that the worst of the financial crisis is over, the London inter-bank offered rate (LIBOR) for three-month dollar loans is dropping at the fastest pace since January, Bloomberg reported. ...

[FP Posted] Bernanke sees 'tentative signs' of U.S. recovery - FP Posted: The Fed's lending to financial institutions has helped to ease conditions in a number of key financial markets, reduced important benchmark interest rates (such as the London interbank offered rate, or Libor, to which payments on some mortgages and other types of loans are tied), and increased the willingness of banks to make credit available.

[FRB: Press Release - Monetary Policy] FRB: Speech--Bernanke, Four Questions about the Financial Crisis ...: The Fed's lending to financial institutions has helped to ease conditions in a number of key financial markets, reduced important benchmark interest rates (such as the London interbank offered rate, or Libor, to which payments on some mortgages and other types of loans are tied), and increased the willingness of banks to make credit available.

[zzzeitgeist] About that money under the mattress... - zzzeitgeist: : "The London interbank offered rate for three-month dollar loans is dropping at the fastest pace since January." This is one positive indicator that credit is starting to flow again in financial markets. At the same time,

[Live Wire - Financial Information and market forecasts focusing on stock markets, gold and oil.] What’s LIBOR Got To Do With It? | Live Wire - Financial ...: The lender may also want to build in a risk premium, a bit of insurance on each transaction to help cover for the time a borrower defaults on a repayment. If the economy is ticking along nicely, with plentiful liquidity the chances of default on a repayment is remote, with the chance of a default on the principal unthinkable.

[Banking Law Prof Blog] Banking Law Prof Blog: LIBOR - Is It Reliable & What Does It Say ...: That would be good for borrowers in the short run, but if there's a readjustment of Libor those borrowers could get hit with a sudden increase and the economy would suffer commensurately. In addition, if Libor is artificially low, it misrepresents the severity of the financial crisis because it hides the fact that, in actuality, more banks are having to pay a substantial risk premium because of their troubled condition than we can see reflected in Libor.

[They whacked me with a van] They whacked me with a van » Blog Archive » Interbank lending ...: The equivalent rate for three-month loans in euros _ known as the European Interbank Offered Rate, or Euribor _ dropped 0.01 percentage points to a record low of 1.42 percent, while the three-month sterling rate decreased 0.02 points to 1.54 percent.

[DealBook] Muted Signs of Life in the Credit Markets - DealBook Blog ...: The gap between borrowing costs for banks as reflected by the Libor and for the federal government, and, as such, a measure of confidence in banks, was at 0.97 points on Monday, close to its lowest and most optimistic levels since February and about where it was last summer. Last October, as Washington groped to address the financial crisis, the gap, known as the Ted spread, spiked to 4.6 points.

[AFP Online Blogs] AFP Online Blogs » Blog Archive » This Week in Corporate Finance: The cost of borrowing in dollars in London fell for a sixth day as signs the worst of the global financial turmoil may be over made banks less wary of lending. The London interbank offered rate, or Libor, that banks say they charge each other for three-month loans dropped half a basis point to 1.16 percent today, the British Bankers’ Association said, bringing its decline in the past three weeks to 16 basis points.

[Wall $treet Folly] Wall $treet Folly: WSF Headline Roundup - 4/14/09 - SEC review ...: KBW expects $120 billion of “stress” losses at Wells Fargo, assuming the recession continues through the first quarter of 2010 and unemployment reaches 12 percent, Cannon wrote today in a report. The San Francisco-based bank may need to raise $25 billion on top of the $25 billion it owes the U.S. Treasury for the industry bailout plan, he wrote....

[DealBook] A Rich Education for Summers (After Harvard) - DealBook Blog ...: Summers explained to Shaw traders what appeared to be an aberration in a key interest rate, the London interbank offered rate, or Libor, thus helping its traders avoid losses. He spoke at the firm’s 20th anniversary gathering for its investors and at a prominent hedge fund investor conference in Boston, weeks before the presidential election.

Reflected tags on Technorati: Blog, Discussion About “Money Markets: Blocked Pipes”, EconWatch.com