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  1. Citi say credit card losses may hit record levels in 2009 - Marketwatch
    Citigroup says it lost $1.4 billion in the third quarter from credit card securitizations and that it expects such losses will continue, possibly reaching record levels in 2009. See full story. Economic Preview: Worst job losses since March 2003 ...
  2. JPMorgan warns consumer loan losses may rise (The Globe and Mail)
    NEW YORK — JPMorgan Chase & Co. said Friday it expects consumer loans to worsen in the fourth quarter and sees an increase in loan loss provisions.
  3. Blog Digest - Silicon Republic
    We can more or less guarantee that Christmas this year will not be as extravagant as last year’s festive season. Look at the recent survey by Peninsula Ireland showing that 79pc of firms questioned said they would be cancelling this year’s ...

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