Geithner calls for aggressive intervention
Timothy Geithner warned that the government must intervene with “speed and force” to rescue the US from its economic downturn as Senators met to consider his nomination as Treasury secretary.
Timothy Geithner warned that the government must intervene with “speed and force” to rescue the US from its economic downturn as Senators met to consider his nomination as Treasury secretary.
By pushing the big bank to complete its deal with Merrill, the bailout czars did serious damage to shareholders.
For anyone considering a dip back into the market, just click two quarters together and repeat: “There’s no place like cash, there’s no place like cash.”
UK public finances deteriorated in December, partly because the £20bn state recapitalisation of RBS swelled the government’s net cash requirement to £44.2bn, as the budget deficit totalled £11.4bn
Smart, gracefully-written and elegiac piece by Frank Partnoy in the weekend Financial Times wherein he rightly points out that it’s long past time to bury most of the major U.S. banks. The bottom line is that, given declining assets and increasing liabilities, many – perhaps most – big banks are essentially …
LONDON (Reuters) - The 3.7 billion pound Merseyside Pension Fund said on Monday it had hired fund firms M&G, Blackrock, Newton and TT International to manage assets totalling about 360 million pounds.
thewhiteshadow009 posted a photo:
Me sitting in the place of the president (yay XD) and holding the hammer of silence
Special thanks to:-
Abdulrahman Al-Homaid ( Alkoor |????| ) - For kindly using his camera to take this photo of me ( visit his profile at www.flickr.com/photos/alkoor/ )
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