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Mish's Global Economic Trend Analysis is the #1 Blogger for US Economic Bailout of 2008
A new bailout of British lenders will take the government stake in Royal Bank of Scotland to 70% following the Treasury’s £100bn lifeline.
Britain’s bank bosses are on standby to be called to Downing Street today or tomorrow to hear details of the new rescue plan.
Congress and the SEC have not enacted any reforms. And the American people remain at risk of another financial debacle. Mr. President, we must never let this happen again. Mr. President, I rise today because I am deeply concerned that just over one year since the collapse of Lehman Brothers, a f...
Fri, Nov 6 | from Huffington Post