U.S. pulls the plug on the world
The U.S. administration has prompted a huge surge in the U.S. dollar, which may help refinance its financial sector. The cost is a currency whirlwind that threatens the collapse not just of banks and companies but entire countries.
http://www.russiatoday.com/Crisis/news/32493
Banks to Use Bailout Bucks for Mergers
The Treasury Department's capital injection program is well underway, with more than $150 billion total now promised to around 30 banks. So far, the evidence suggests many of those banks will use the cash to buy up weaker banks.
http://www.propublica.org/article/banks-signal-govt-billions-will-be-used-for-mergers-1027/
From Information Clearing House
http://freepage.twoday.net/search?q=financial+sector
http://freepage.twoday.net/search?q=bailout
http://www.russiatoday.com/Crisis/news/32493
Banks to Use Bailout Bucks for Mergers
The Treasury Department's capital injection program is well underway, with more than $150 billion total now promised to around 30 banks. So far, the evidence suggests many of those banks will use the cash to buy up weaker banks.
http://www.propublica.org/article/banks-signal-govt-billions-will-be-used-for-mergers-1027/
From Information Clearing House
http://freepage.twoday.net/search?q=financial+sector
http://freepage.twoday.net/search?q=bailout
rudkla - 29. Okt, 22:55