‘Banks’ Tagged Posts

Name That Takeover!

More and more economists are arguing that a government takeover of banks is more a matter of when than if, so The Huffington Post is having a contest ...

 
More and more economists are arguing that a government takeover of banks is more a matter of when than if, so The Huffington Post is having a contest , asking readers to rename the 'nationalization' of banks because many who support the policy say the term is neither an accurate description nor politically helpful. One flaw of the term nationalization is that it doesn't convey the temporary nature of a government takeover of a bank. Nationalization implies that the government will s

Wall St slides on bank fears (Australian Broadcasting Corporation)

 
US stocks have fallen as persistent worries about banks eclipsed news the government would announce a plan next week to prop up the housing sector by helping homeowners avoid foreclosures.

Wall St. slides as banks eclipse housing optimism (Reuters via Yahoo! Malaysia News)

 
By Chuck Mikolajczak