Top Scoops
Here in America we are descended in spirit from revolutionists and rebels - men and women who dare to dissent from accepted doctrine - GOP President Dwight Eisenhower, 1954
Market meltdown and learning from the past
Over the last year we have seen a number of the world's major banking and financial institutions fail, be taken over, or be effectively brought under state control. However, the real cost of the current economic crisis has been reflected in the massive destruction of wealth in the markets.
Banco Itau Holding Financeira S/A Announcement
Itausa - Investimentos Itau S.A. , Banco Itau Holding Financeira S.A. , Unibanco Holdings S.A. and Unibanco - Uniao de Bancos Brasileiros S.A. , in compliance with paragraph 4 of Article 157 of Federal Statute 6404/76 and with Rules 358/2002 and 319/1999 of the Brazilian Securities and Exchange Commission , and in addition to the press release of November 3rd, 2008, hereby inform the following:
Letters to the Editor
Readers write about whether President-elect Obama can become another FDR and if he can, whether or not he should.
Ottawa to buy $50B in mortgages, hopes to spur loans
The federal government is purchasing another $50 billion in residential mortgages to further stabilize the lending industry and encourage lower interest rates.
Minister of Finance views abyss
Last November, I introduced in this space my Prime Minister of Finance, who has repeatedly warned of financial crisis. Our current troubles may differ in some details from the minister's predictions, but he was surely right that trouble was brewing.
The Bailout Reader
Our economic policymakers stand at a crossroads. Crises like the one we face now present unique opportunities for governments to try new things, and to choose the path of the economy in the years ahead.
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