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Paulson Announces New Plans to Buy Equity Stakes in Banks and Revive Credit Markets
The U.S. government yesterday (Tuesday) announced plans to invest $250 billion, more than a third of the $700 billion congressional bailout allotment, into nine of…
15Oct2008 | Money Morning | Comments Off | ContinuedBarclays Gets a $927 Million Jump Start as Japanese Banks Ramp Up Overseas
Barclays PLC (ADR: BCS), the United Kingdom’s fourth-largest bank, may get a $927 million cash infusion from Japan’s Sumitomo Mitsui Financial Group Inc. by the…
21Jun2008 | Money Morning | Comments Off | ContinuedBuyer Beware: Why You Don’t Want to Buy What Wall Street Banks Are Selling
Imagine that you’re the investment director for one of the new sovereign wealth funds (SWFs). A very important guy – you get to invest several hundred…
18Jun2008 | Money Morning | Comments Off | ContinuedElection 2008: Obama or McCain – U.S. May Suffer Either Way
As Barack Obama closes in on the Democratic presidential nomination, investors should focus their minds around one uncomfortable fact: Whether it’s Obama or Republican John…
6Jun2008 | Money Morning | Comments Off | Continued
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