Related by context. Frequent words. (Click for all words.) 49 recapitalisations 48 securitising 48 firesale 46 overleveraged 45 credit crunch 45 devaluations 44 nationalisations 43 banks 43 short termist 43 asset bubbles 43 securitized mortgages 43 nationâ 43 gazumping 43 takeovers 42 lenders 42 vicious spiral 42 speculative excesses 42 hefty writedowns 42 liquidity injections 42 deleveraging 42 undercapitalised 42 defaults 42 distortionary 42 illiquidity 41 beggar thy neighbor 41 highly indebted 41 heavily indebted 41 fundraisings 41 liquidity crunch 41 peripheral eurozone 41 securitise 41 sovereign debt 41 borrowing binge 41 loan defaults 41 bubble bursts 41 balance sheets 40 highly leveraged 40 heightened risk aversion 40 Europeā 40 speculative bubbles 40 currency debasement 40 housebuilders 40 hedgies 40 Freddie Fannie 40 Junk bonds 40 competitive currency devaluations 40 depreciating 40 deflationary 40 highly levered 40 moral hazard 40 depreciating asset 40 borrow cheaply 40 subprime mortgage defaults 40 housebuilding sector 40 euroland 40 reflation 40 dollar denominated assets 39 repaying debts 39 sterling denominated 39 borrower defaults 39 credit crunch bites 39 mortgagors 39 overexpansion 39 competitive devaluations 39 securitisations 39 subprime debacle 39 HBOS 39 reflate 39 sub prime 39 deflationary spiral 39 potentially destabilizing 39 risk premia 39 contagion spreading 39 defaulting 39 £ #bn [002] 39 ballooning deficits 39 liquidity 38 inflations 38 overinvestment 38 borrowing costs 38 sovereign wealth 38 ZIRP 38 recapitalize 38 rating downgrades 38 Reits 38 Lehman Bros 38 Northern Rock 38 short termism 38 supertax 38 bubble bursting 38 hedge funds 38 devaluation 38 Northern Rock NRK.L 38 lender 38 illiquid assets 38 devaluing 38 treasuries 38 CDSs 38 ruble devaluation 38 fund raisings 38 repossessions