At a lengthy White House meeting last March, Lawrence Summers, the head of the National Economic Council, pressed Geithner and his aides on whether nationalization was now the least bad option..
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The net effect might not be as bad. credit to purchase motor vehicles and the number of light trucks and cars sold in the US: The problems in oil could cause trouble if losses on energy junk bonds.
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So how is it that a mess concentrated in one part of the mortgage business – subprime loans – has frozen the credit markets. So firms are now hoarding cash instead of lending it, until they.
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The comedian responded to the Senate majority leader who wondered why Stewart was ‘bent out of shape’ over health funding for 9/11 first responders.
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The shadow-banking system includes money market funds and off-balance sheet investment vehicles such as collateralized debt obligations and credit default swaps. Another aspect of this market are.