All Entries Tagged With: "US government"
Which US banks will crash? Paulson to decide
Henry Paulson the US Treasury secretary and bank regulators will decide which banks get an injection of government money and which banks will not. Analysts predict that some of America’s 8,400 banks will not get any money and could be swallowed up by the larger banks who do.
As the stock market mirrored what analysts have [...]
Barack Obama leads the way in presidential race
Barack Obama opened with solid leads in four key states’. Obama is getting votes from the white working class according to results showed in the most recent polls. Up until now, Obama has nationally in the electrical college failed to show significant lead, where either candidate must win 270 votes to take the White House. [...]
Neel Kashkari: will control the US $700 billion bailout
If the name Neel Kashkari is not familiar to you don’t worry as you are not alone, this is the name of the man who will control the US $700 billion bailout rescue plan on a interim basis, so Neel Kashkari will certainly be a name we will be reading lots about as he embarks [...]
VP debate: is the US ready for Sarah Palin
As the United States wait in anticipation for the vice presidential debate between Republican Sarah Palin and her Democratic rival Joseph Biden to begin, doubts esculate as to whether John McCain’s choice off running mate is experienced enough to help
Bailout vote: rejected by Congress
President Bush made the statement on the bailout plan details, and the House of Representatives have voted against the government $700 billion bailout to rescue the US
Financial services US government bailout bill online
US lawmakers the financial service have posted on the internet their draft legislation for the $700 billion bailout to rescue the US financial
Federal Reserve pumps more into Central Banks
To ease the pressure on money markets the US federal Reserve is making available to central banks in Denmark, Norway, Sweden and Australia $30 billion (£16.1 billion) The $30 billion will be split between the four countries with Sweden and Australia having access to $10 billion and
US central bank raises voting stake to 15 percent for minority investors
The rules have been relaxed by the US central bank for governing investors who take minority stakes in banks. This move is to encourage larger investment. The Voting stake had been raised from 9.9 percent to 15 percent for
US federal government: takes joint action
The European Central Bank, the Bank of Japan and The Federal Reserve joined with their counterparts from around the globe to ensure that the crisis doesn’t get any worse they have been pumping billions of dollars into the
Lehman Brothers Holdings shares plummet as US government reluctant to bailout
Lehman Brothers Holdings Inc shares were sent to a 14-year low after concerns grew that they may fail to find a willing buyer due to the U.S. government unwillingness to