Thursday, February 24, 2011

BAI LING-IMAGES

News
Wall Street Roundup: Big Board battle. Revolving door revolves. Banks bailing ...
Banks bailing on the poor. As banks begin to close branches it appears that the poorest areas of the nation are being hit the hardest. Trading losses. Deutsche Bank is being punished in South Korea for computerized trades that allegedly caused the ... read more

Bailing out Revel, over and over again
“What are the odds that people will make smart decisions about money if they don't need to make smart decisions – if they can get rich making dumb decisions?" In 2006, during the height of the sub-prime mortgage bubble that Michael Lewis wrote about, ... read more

Bailing-out of banks slashes budget deficit by £2 billion
“Financial interventions” have reduced Britain's budget deficit by almost £2 billion, according to the Office for National Statistics (ONS). The current budget deficit including financial interventions was £11.6 billion at the end of last year, ... read more

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