Word: financees
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"Unless this plan pushes the clearing price for bonds up to $0.95, then I don't think the banks can participate," says Tyler Durden, a former Wall Street trader who now writes the popular finance blog ZeroHedge.com. "If the price is significantly less than that, banks are going to need...
At the time, donating her eggs to an infertile couple seemed like the perfect solution for Marilyn Drake's money troubles. A single donation helped her finance her divorce. Then she did it four more times over the course of two years, as she struggled to raise two children on...
There is a chance that Merkel will unveil something at the G-20 meeting to show that Europe's biggest economy is dealing with the issue. Axel Weber, president of the Deutsche Bundesbank, said talks between the banks, the finance ministry and SoFFin, the federal bank-stabilization fund, could produce...
Back at the finance ministry, no one seems happy with any of the suggestions currently on the table. "We are continuing to look for a solution that doesn't place the burden on taxpayers," a ministry spokesman says.
Although the hedge-fund industry has long relished the light touch of lawmakers and financial regulators, a new era is dawning for largely unregulated financial institutions, and rightly so. The huge systemic risks associated with hedge funds and other unregulated firms in the financial system have a ruinous potential in...