Shares jump on US toxic asset plan
The US Treasury unveiled a $1,000bn plan to relieve banks of the toxic assets plaguing their balance sheets in hopes of restoring stability and confidence in the stricken financial sector
March 23, 2009
Toxic assets plan is big White House test
The Obama administration faces its latest moment of truth when Tim Geithner unveils much awaited plans to take hundreds of billions of toxic assets off banks’ balance sheets
AIG rivals met Bernanke to complain
NEW YORK (Reuters) - Some of American International Group’s biggest rivals have urged U.S. Federal Reserve Chairman Ben Bernanke to prevent the insurance giant from using the government rescue to win an advantage, particularly by cutting prices, The Wall Street Journal reported.
AIG rivals met Bernanke to complain
NEW YORK (Reuters) - Some of American International Group Inc’s biggest rivals have urged U.S. Federal Reserve Chairman Ben Bernanke to prevent the insurance giant from using the government rescue to win an advantage, particularly by cutting prices, The Wall Street Journal reported.
Recession_20
PHOTOHUMOURIST posted a photo:
The recession takes hold in the City of London.
© Paul Treacy 2009. All rights reserved.
photohumourist.com
photo@paultreacy.com
Advice With Company Formation In The Czech Republic
If you decide that you are interested in starting a company in Europe then the first thing you need to do is contact a financial consultant who can help you set up your business properly and safely Your consultant should be able to help you with all financial aspects of your business
Peer demands probe into RBS claim
A Labour peer writes to UK bank watchdog the Financial Services Authority with allegations about conduct at RBS.