What will the Government do with one of the bad banks …. Citibank Here an interesting calculation by Wall St. Journal … In a joint statement Monday, the Treasury and regulators said banks shouldn’t be owned by the government, and should have a high-quality capital base. For some banks, a quick way to do that [...]
AIG shows the way … and still CNBC breaks the news SCANDALOUS … American International Group Inc. said Monday that it’s evaluating “potential new alternatives” with the Federal Reserve Bank of New York to tackle the giant insurer’s problems. “We continue to work with the Federal Reserve Bank of New York to evaluate potential new [...]
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