Word: bankes
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...rehabilitation and restructuring of Citigroup (C) was supposed to take months, or maybe a year. The big bank got a cash infusion when it sold a part of Smith Barney to Morgan Stanley. The plan for the creation of a new Citi was based on its ability to limit its losses so that it could buy time to unload other parts of its family of financial companies...
...will step in and do what it did for Bank of America (BAC) as its Merrill Lynch unit posted a $15.3 billion loss in the fourth quarter. Citi will also get a program which will guarantee the value of certain bad assets and keep the bank from failing...
...Under the government's aid program for Citi the government will share losses on over $300 billion in assets, with a term on the guarantees up to ten yeas. Citi will immediately separate its banking unit from its brokerage and money management units. There is simply too much risk in the investment operations to keep them married to a commercial bank...
...academic, Jackson’s research focuses on financial regulation and budget policy. Jackson has advised the United States Treasury Department and the World Bank, among other government agencies...
...obvious solution would be some kind of independent arbiter to establish performance measures and evaluate stimulus projects for timeliness and tails as well as competitiveness and carbon. During his campaign, Obama proposed an infrastructure bank that wouldn't finance projects that don't produce economic or environmental returns. But Oberstar hasn't put in 45 years just to cede power to a commission. "It's like turning around a battleship," Puentes says. "And we just don't have the time...