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Oleg Deripaska in $30bn Hong Kong flotation$DIRECTORS of Rusal, the aluminium giant controlled by Russian oligarch Oleg Deripaska, are this week expected to approve a flotation valuing it at $30 billion ($£19 billion). Source: Latest Business News from Times Online | 27 Sep 2009 | 5:52 pm Ronald Reagan made us what we areTHE biggest villain in Michael Moore’s latest documentary is Ronald Reagan. Scornful, funny, serious and timely, Capitalism: A Love Story tells the tale of how we arrived at the worst financial crisis in a generation. It’s not going to be a popular view (not that Moore will mind that) but, for the portly documentarian, the rot set in under Reagan. Source: Latest Business News from Times Online | 27 Sep 2009 | 2:55 pm Barclays goes on a spreeBARCLAYS is days away from agreeing a deal to buy Citigroup’s credit card business in Portugal, in the first phase of a European shopping spree by the bank. Source: Latest Business News from Times Online | 27 Sep 2009 | 1:54 pm City hedge fund exodus beginsBREVAN HOWARD, the UK’s largest hedge fund, is planning to open an office in Switzerland, perhaps signalling the beginning of a mass exodus by financial groups from London. Source: Latest Business News from Times Online | 27 Sep 2009 | 1:53 pm Kraft chief executive inflames Cadbury rowIRENE ROSENFELD, the chairman and chief executive of Kraft Foods, has launched a stinging attack on Cadbury this weekend. Source: Latest Business News from Times Online | 27 Sep 2009 | 1:52 pm Richard Tice and Tony Wardle in £250m plan for toxic property debtTWO maverick bond investors are planning to raise up to £250m through a new stock market listing to buy toxic commercial property loans. Source: Latest Business News from Times Online | 27 Sep 2009 | 1:49 pm $5 billion Algerian helicopter deal for UK plant$BRITAIN’s last helicopter maker is in advanced talks with the Algerian government over a $5 billion ($£3.1 billion) order that would safeguard more than 4,000 jobs in Somerset. Source: Latest Business News from Times Online | 27 Sep 2009 | 1:46 pm New Look listingNEW LOOK is preparing to return to the stock market with a flotation early next year — six years after the high street retailer was taken private. Source: Latest Business News from Times Online | 27 Sep 2009 | 1:42 pm Alistair Darling acts on bank bonusesTHE chairmen of the remuneration committees of Britain’s big four banks have been summoned to a secret meeting with Alistair Darling, the chancellor, this week. Source: Latest Business News from Times Online | 27 Sep 2009 | 1:41 pm Oleg Deripaska in $30bn Hong Kong flotation$DIRECTORS of Rusal, the aluminium giant controlled by Russian oligarch Oleg Deripaska, are this week expected to approve a flotation valuing it at $30 billion ($£19 billion). Source: Latest Business News from Times Online | 27 Sep 2009 | 1:40 pm Brown to 'ban old bonus system'Prime Minister Gordon Brown tells the BBC that he will "ban the old bonus system" and force banks to act in a more responsible manner.Source: BBC News | Business | World Edition | 27 Sep 2009 | 3:33 am ECB's Trichet: G20 must tackle global imbalancesFRANKFURT (Reuters) - The Group of 20 rich and developing nations must tackle global economic imbalances in its new role as the key international policy forum, European Central Bank...Source: RSS feed - channel BNewsBusiness | 27 Sep 2009 | 1:20 am ECB's Trichet: G20 must tackle global imbalances (Reuters)Reuters - The Group of 20 rich and developing nations must tackle global economic imbalances in its new role as the key international policy forum, European Central Bank President Jean-Claude Trichet said in comments released on Sunday.Source: Yahoo! News: Business | 27 Sep 2009 | 1:20 am ECB's Trichet: G20 must tackle global imbalancesFRANKFURT (Reuters) - The Group of 20 rich and developing nations must tackle global economic imbalances in its new role as the key international policy forum, European Central Bank President Jean-Claude Trichet said in comments released on Sunday.Source: Reuters: Business News | 27 Sep 2009 | 1:20 am Don't bank on your home as an ATMThe coming decades won't repeat the dramatic rise in real estate values that previous generations experienced, economists say. It may be time to return to viewing the home simply as a place to live.For generations of Americans, a home was seen not simply as a dwelling, but as an engine of personal wealth. That view was promoted by the home-building and real estate sales industries as well as the U.S. government, which subsidized home loans and provided tax deductions for mortgage interest.
Source: L.A. Times - Business | 27 Sep 2009 | 1:00 am Before the wedding, couple need to cut debts and stop overspendingA financial advisor tells the Pico Rivera residents to postpone their wedding until they can pay for it without going deeper into debt. ...Source: RSS feed - channel BNPaperBusiness | 27 Sep 2009 | 1:00 am Architectural gems up for saleHomes designed by big names such as Richard Neutra and Frank Lloyd Wright rarely hit the market. But the housing market slide has changed that. ...Source: RSS feed - channel BNPaperBusiness | 27 Sep 2009 | 1:00 am First-time buyers, it's time to take advantage of housing tax creditHousing prices and interest rates are low, making it a great time to buy. And there's a temporary $8,000 credit available for those who qualify -- but hurry, the sale must close by Nov. 30.If ever there was a great time to buy a first home, it's now.
Source: L.A. Times - Business | 27 Sep 2009 | 1:00 am Business LettersRe: "Kohl's bets big on California," Sept. 23: I live in Fresno, where a Kohl's and a Mervyn's had been across the street from one another for years.
Source: L.A. Times - Business | 27 Sep 2009 | 1:00 am Banks' changes to overdraft fees aren't impressiveIf banks truly want to treat people with respect, they should do more to prevent customers from overdrawing their accounts.When it comes to pesky overdraft charges, most leading banks seem determined to do everything they can to help customers -- except actually help them avoid the fees.
Source: L.A. Times - Business | 27 Sep 2009 | 1:00 am First-time buyers, it's time to take advantage of housing tax creditHousing prices and interest rates are low, making it a great time to buy. And there's a temporary $8,000 credit available for those who qualify -- but hurry, the sale must close by Nov. 30. ...Source: RSS feed - channel BNPaperBusiness | 27 Sep 2009 | 1:00 am Don't bank on your home as an ATMThe coming decades won't repeat the dramatic rise in real estate values that previous generations experienced, economists say. It may be time to return to viewing the home simply as a place to live. ...Source: RSS feed - channel BNPaperBusiness | 27 Sep 2009 | 1:00 am Business LettersRe: "Kohl's bets big on California," Sept. 23: I live in Fresno, where a Kohl's and a Mervyn's had been across the street from one another for years.Source: RSS feed - channel BNPaperBusiness | 27 Sep 2009 | 1:00 am Banks' changes to overdraft fees aren't impressiveIf banks truly want to treat people with respect, they should do more to prevent customers from overdrawing their accounts. ...Source: RSS feed - channel BNPaperBusiness | 27 Sep 2009 | 1:00 am Before the wedding, couple need to cut debts and stop overspendingA financial advisor tells the Pico Rivera residents to postpone their wedding until they can pay for it without going deeper into debt.To hear Summer Brown and Briana Biddle talk about it, their upcoming wedding and civil commitment will be a fairy tale, complete with happily ever after.
Source: L.A. Times - Business | 27 Sep 2009 | 1:00 am ECB's Trichet says U.S. support for strong dollar importantFRANKFURT (Reuters) - European Central Bank President Jean-Claude Trichet said U.S. commitment to a strong dollar is important in keeping currency markets and the global economy stable.Source: RSS feed - channel BNewsBusiness | 27 Sep 2009 | 12:27 am OECD warns G20 over banking reform plansBanks, bonuses, tax havens and under-regulation caused the financial crisis and are the keys to reform. Not so, the OECD warns as the G20 takes steps in such areas. Compromises on actionSource: RSS feed - channel BNewsBusiness | 26 Sep 2009 | 11:57 pm Signs of life stir Zimbabwe's stock marketZimbabwe's moribund economy is slowly stirring, with signs of life in once-shuttered businesses helping to revive a stock market that was closed amid scandal last year, analysts said. ...Source: RSS feed - channel BNewsBusiness | 26 Sep 2009 | 11:52 pm Signs of life stir Zimbabwe's stock market (AFP)
Source: Yahoo! News: Stock Markets News | 26 Sep 2009 | 11:50 pm Taiwan high-speed rail: From pride to embarrassmentA futuristic rail service linking Taiwan's two largest cities with hyper-modern technology was meant to be a source of pride, but instead it has turned into a rich source of embarrassment.Source: RSS feed - channel BNewsBusiness | 26 Sep 2009 | 10:54 pm G-20 lockdown gone, Pittsburgh gets back to normalMerchants and motorists reclaimed their city Saturday as a vast police presence dissolved, barricades vanished and traffic started flowing after a gathering of world leaders that had turnedSource: RSS feed - channel BNewsBusiness | 26 Sep 2009 | 10:45 pm Brett Arends' ROI: What Moore's movie missedIn his look at capitalism, Michael Moore failed to mention the best weapon that consumers have to fight back.
Source: MarketWatch.com - Top Stories | 26 Sep 2009 | 10:01 pm September 27, 2008 (Saturday): Campaigns Spin; Pirates SeizeWho Won?Heads I win, tails you lose. With the first presidential debate over, the campaigns turn to spin. From the Obama camp comes a new ad criticizing McCain for failure to use the words “middle class” during the debate. Meanwhile, McCain releases an online video pointing out exchanges during the debate where Obama said he agreed with his rival’s positions. The GOP candidate flies home to Northern Virginia to make calls on the financial crisis to underscore his position as a leader. (For more on this news, click here.) Pirate BootyPirates seize a Ukrainian-owned ship carrying military-style tanks and demand $35 million in ransom. The U.S. deploys a destroyer, the U.S.S. Howard, but a military spokesman says there are no imminent plans to attack. Among the cargo said to be on board the hijacked ship: 33 Soviet-designed T-72 tanks for Kenya’s military forces. (For more on this news, click here.) Tina Fey Channels Sarah Palin—AgainTina Fey reprises her Sarah Palin spoof on Saturday Night Live, this time poking fun of the interview Palin gave CBS’s Katie Couric earlier in the week. The segment highlights Palin’s answers to questions about Russia and the economy, and Palin’s trip to New York. (For more on this news, click here.) SMARTMONEY ® Layout and look and feel of SmartMoney.com are trademarks of SmartMoney, a joint venture between Dow Jones & Company, Inc. and Hearst SM Partnership. © 1995 - 2009 SmartMoney. All Rights Reserved.
Source: SmartMoney.com | 26 Sep 2009 | 10:00 pm Bharti-MTN talks could go into overtime: analystsTalks between India's top mobile firm Bharti and South Africa's flagship cellular group MTN may have to be extended due to new hurdles in their bid to create a telecoms giant, analysts say.Source: RSS feed - channel BNewsBusiness | 26 Sep 2009 | 9:51 pm Meet the new $90,000 MustangA limited edition of hand-built Mustangs commemorate Lee Iacocca's role in creating the car 45 years ago.Source: Business and financial news - CNNMoney.com | 26 Sep 2009 | 6:44 pm Home buyer tax credit might be extended for service membersRep. Charles B. Rangel's bill would also stop the IRS from taking back the credit from those who couldn't use their houses as a principal residence for 36 months because they had to deploy elsewhere.Will Congress extend the wildly popular $8,000 home buyer tax credit beyond its Dec. 1 expiration date?
Source: L.A. Times - Business | 26 Sep 2009 | 6:12 pm Home buyer tax credit might be extended for service membersRep. Charles B. Rangel's bill would also stop the IRS from taking back the credit from those who couldn't use their houses as a principal residence for 36 months because they had to deploy elsewhere. ...Source: RSS feed - channel BNPaperBusiness | 26 Sep 2009 | 6:12 pm Forced mortgage sales at monthly highRecord numbers of New Zealanders are being forced into mortgagee sales according to the latest sales figures.The Terralink property information agency said there were 321 forced property sales in July, the highest monthly figure...Source: nzherald.co.nz - Business | 26 Sep 2009 | 4:26 pm Crawford says Time Warner will sell magazine unit (Reuters)
Source: Yahoo! News: Business | 26 Sep 2009 | 3:49 pm Crawford says Time Warner will sell magazine unitCHICAGO (Reuters) - Time Warner Inc will eventually sell the Time Inc magazine unit and could buy holdings in its core entertainment category, Gordon Crawford, managing director of its largest shareholder, said during a presentation this week.Source: Reuters: Business News | 26 Sep 2009 | 3:49 pm G20 faces credibility test on marketsPITTSBURGH (Reuters) - The Group of 20 rich and developing economies, fresh from a triumphant show of unity at Pittsburgh, faces months of deal-making and communication to markets that will test its credibility as the premier global forum for economic cooperation.Source: Reuters: Business News | 26 Sep 2009 | 3:38 pm ITV investors to block Sir Crispin Davis as chairmanLeading shareholders are moving to block the appointment in another blow for the troubled broadcaster.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 26 Sep 2009 | 3:35 pm More tax cases vs wealthy, U.S. banksCHICAGO (Reuters) - The U.S. government is stepping up prosecutions of wealthy individuals dodging taxes through off-shore accounts, with new cases expected to be made public "every couple of weeks," a top government attorney said on Saturday.Source: Reuters: Business News | 26 Sep 2009 | 3:33 pm More tax cases vs wealthy, U.S. banks (Reuters)
Source: Yahoo! News: Business | 26 Sep 2009 | 3:33 pm Bookies £0 punters £7m as highscoring matches bring winners and losersA glut of high scoring games and favourites winning in the Premiership has set the gambling industry on one of its worst runs of luck in living memory.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 26 Sep 2009 | 3:31 pm New Look on course for £1.7bn floatFashion retailer New Look is drawing up plans for a £1.7bnplus stock market float.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 26 Sep 2009 | 3:25 pm Labour pledges cash for industryLord Mandelson is to unveil investment packages to try secure the business debate ahead of the general election.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 26 Sep 2009 | 3:03 pm Legal & General prepares to ward off Resolution approachLegal & General has prepared a defence document to ward off an unwanted takeover approach from Clive Cowdery's Resolution vehicle.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 26 Sep 2009 | 3:00 pm NewsWatch: Stocks turn to jobs woes, as new quarter startsThe stock market will start the coming week on edge about news from the job market, as investors turn to a new month and a new quarter seeking clues on whether the huge rally in stocks has gotten ahead of itself.
Source: MarketWatch.com - Top Stories | 26 Sep 2009 | 3:00 pm Obama says Iran 'must cooperate' in nuclear issueAs world pressure mounted Saturday, Iran said it would allow United Nations inspectors to examine its newly revealed, second uranium-enrichment facility, according to media reports.
Source: MarketWatch.com - Top Stories | 26 Sep 2009 | 3:00 pm Key part of Saudi conglomerate Saad Group faces breakupLondonbased liquidators have been appointed to break up part of the Saad Group the powerful Saudi conglomerate in a restructuring that involves more than 100 global banks.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 26 Sep 2009 | 2:56 pm ExTomkins boss Greg Hutchings in Lupus appealGreg Hutchings the former Tomkins boss who was ousted from Lupus Capital in July has set up a website to address shareholders about his attempts to regain control of the company.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 26 Sep 2009 | 2:52 pm FSA told to clean up oil marketsThe Financial Services Authority has been told to examine its statutes to ensure it can prosecute oil speculators practising market abuse.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 26 Sep 2009 | 2:49 pm Tesco plans bra war against M&STesco the UK's biggest retailer will ramp up the pressure on Marks & Spencer by doubling the size of its upmarket Diamond Boutique lingerie brand at the beginning of 2010.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 26 Sep 2009 | 2:47 pm Port firms seek review of rates billsSome of Britain's biggest port companies are poised to launch a judicial review of the Government agency that has landed the industry with backdated business rates bills thought to total £50m£75m.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 26 Sep 2009 | 2:45 pm Venezuela to inject $3 bln to market this week: ministerVenezuela's government said Saturday it will inject three billion dollars into its domestic market this week in a bid to regain liquidity in its economy. "It's going to be immediate,"...Source: RSS feed - channel BNewsBusiness | 26 Sep 2009 | 2:44 pm Time Warner to sell magazine business: reportIt's only a matter of time before Time Warner Inc. sells the magazine unit, a managing director of the company's largest shareholder predicts according to media reports Saturday.
Source: MarketWatch.com - Top Stories | 26 Sep 2009 | 2:38 pm Fed to work with lawmakers on naming borrowers (Reuters)Reuters - The Federal Reserve is willing to work with U.S. lawmakers on ways to release names of companies that borrow from the central bank after a time lag so the disclosures do not disrupt markets, a Fed official said.Source: Yahoo! News: Business | 26 Sep 2009 | 12:34 pm Fed to work with lawmakers on naming borrowersWASHINGTON (Reuters) - The Federal Reserve is willing to work with U.S. lawmakers on ways to release names of companies that borrow from the central bank after a time lag so the disclosures do not disrupt markets, a Fed official said.Source: Reuters: Business News | 26 Sep 2009 | 12:34 pm Detroit: Tough love for a union townCindy Pasky, owner of a big Detroit-based tech staffing firm, says the area's workers need to raise their skills and lower their expectations.Source: Business and financial news - CNNMoney.com | 26 Sep 2009 | 12:28 pm GOP criticizes Senate health-care agendaSen. Johnny Isakson, R-Ga., in the Republicans' weekly radio address on Saturday criticized the Democratic healthcare overhaul legislation pending in the Senate Finance Committee.
Source: MarketWatch.com - Top Stories | 26 Sep 2009 | 12:18 pm UPDATE 1-Crawford says Time Warner will sell magazine unit(Adds Time Warner declines to comment, adds details of Capital Group's stake in Time Warner)Source: RSS feed - channel BNewsBusiness | 26 Sep 2009 | 11:43 am UPDATE 1-Crawford says Time Warner will sell magazine unit(Adds Time Warner declines to comment, adds details of Capital Group's stake in Time Warner)Source: RSS feed - channel BNewsBusiness | 26 Sep 2009 | 11:43 am Modern way tests NettelsFirst there were the Yuppies and the Dinks, then the Snags and the Wags; now, meet the Nettels, an acronym for "Not enough time to enjoy life", coined by Australian demographer Bernard Salt.It describes the rising pool of households...Source: nzherald.co.nz - Business | 26 Sep 2009 | 11:00 am Saving an island jewelFor the past two years, New Zealand-based branding company Brian R Richards has worked on rescuing an industry critical to the Cook Islands.A decade ago, the pearl industry was worth $18 million to the Cooks' economy, but now...Source: nzherald.co.nz - Business | 26 Sep 2009 | 11:00 am Recovery makes a slow startYou might call it a Clayton's recovery - the one you have when you are not having one, according to economists.Unemployment is still increasing, car dealers are going broke and "for rent" signs decorate shopping areas. New...Source: nzherald.co.nz - Business | 26 Sep 2009 | 11:00 am Ban on bulk-buying bargainsA cut-price clothing chain has banned dealers from bulk buying prime stock to sell for a profit - and clamped down on internet criticism of their stance.SaveMart owner Tom Doonan said Trade Me users were the biggest problem but...Source: nzherald.co.nz - Business | 26 Sep 2009 | 11:00 am Martin Hawes : Capital gains tax no answer to property dependencyI agree New Zealand would be better off if we speculated less on housing and invested more in other things. There are better investments than rental property, and we will never get rich as a country by selling houses to each other.However,...Source: nzherald.co.nz - Business | 26 Sep 2009 | 11:00 am Kerre Woodham : Little joy in an early ChristmasThe moment the Newmarket Business Association dares to tack tinsel to any of its stores, I'll be hotfooting it out of the shopping precinct and heading for the burbs.I know it's been a tough winter. But the suggestion that Christmas...Source: nzherald.co.nz - Business | 26 Sep 2009 | 11:00 am A big fat 'marketing scam'Shoppers who plump for low-fat food and drink choices are being warned they're victims of a "marketing scam".A Herald on Sunday survey of everyday products advertised as low-fat or fat-free revealed some were almost one-third...Source: nzherald.co.nz - Business | 26 Sep 2009 | 11:00 am Are you a Nettel?Nettels are a subset of the traditional nuclear family - families with two full-time working parents aged between 30 and 49, with dependent children up to the age of 24 and a household income of $110,000 or more.Australian demographer...Source: nzherald.co.nz - Business | 26 Sep 2009 | 11:00 am Apple closes out strong fiscal yearSource: Business and financial news - CNNMoney.com | 26 Sep 2009 | 10:09 am Stocks at a tipping point ahead of crucial weekThe market rally finally hit some resistance last week, giving investors in the week ahead an opportunity to get back in at lower levels - or get out before the going gets worse.Source: Business and financial news - CNNMoney.com | 26 Sep 2009 | 10:05 am NewsWatch: Stocks turn to jobs woes, as new quarter startsThe stock market will start the coming week on edge about news from the job market, as investors turn to a new month and a new quarter seeking clues on whether the huge rally in stocks has gotten ahead of itself.
Source: MarketWatch.com - Top Stories | 26 Sep 2009 | 10:00 am Cartoon: Grasping at strawsSource: nzherald.co.nz - Business | 26 Sep 2009 | 9:58 am Koenigsegg CEO says still aims for Saab deal in October (Reuters)
Source: Yahoo! News: Business | 26 Sep 2009 | 9:41 am Koenigsegg CEO says still aims for Saab deal in OctoberSTOCKHOLM (Reuters) - Koenigsegg's chief executive said on Saturday the Swedish luxury sports car maker still aimed to finalize a deal to buy Saab Automobile from General Motors by the end of October.Source: Reuters: Business News | 26 Sep 2009 | 9:41 am West condemns secret Iran nuclear plantThe US, Britain and France united in condemnation of Iran after Tehran’s admission that it has been constructing a secret uranium enrichment facility designed to produce nuclear fuel.Source: Financial Times - US homepage | 26 Sep 2009 | 9:31 am China fund to invest $1 billion in LA firm: reportChina's sovereign-wealth fund, China Investment Corp., has committed to invest about $1 billion with Los Angeles-based Oaktree Capital Management LP.
Source: MarketWatch.com - Top Stories | 26 Sep 2009 | 9:13 am Annual pension fee 'can cost 40%'Annual fees on a pension of 1.5% a year can reduce its value by nearly 40%, the Royal Society of Arts says.Source: BBC News | Business | World Edition | 26 Sep 2009 | 8:58 am Fixed ISA top-ups a 'grey area'Some customers are being told they will not be able to pay more into their ISA when the limit rises in October.Source: BBC News | Business | World Edition | 26 Sep 2009 | 8:48 am Raising $250,000 -- without a bankIn the past year, I made two attempts to take out a loan for my startup graphic design business. All banks demand proof that our business earned money for the past two years. But we need equipment that can only be bought with a loan ...Source: Business and financial news - CNNMoney.com | 26 Sep 2009 | 7:47 am Toyota boosts sales forecastRead full story for latest details.Source: Business and financial news - CNNMoney.com | 26 Sep 2009 | 7:31 am NewsWatch: G20 leaders target bank reforms, see turnaroundLeaders vow not to become complacent and pledge to tackle the big issues that have always bedeviled them in the past.
Source: MarketWatch.com - Top Stories | 26 Sep 2009 | 7:00 am AT&T: Your English stinksSource: Business and financial news - CNNMoney.com | 26 Sep 2009 | 6:41 am Get your old salary back!Back in April, William Stickney got some unwelcome news. His employer was cutting his salary by 10%.Source: Business and financial news - CNNMoney.com | 26 Sep 2009 | 6:09 am Top Ten: The week's Top 10 videos on MarketWatchIn case you missed them, here are the top 10 videos that appeared on MarketWatch for the week of Sept. 21-25:
Source: MarketWatch.com - Top Stories | 26 Sep 2009 | 6:02 am Personal Finance Daily: The week's 10 best Personal Finance storiesIn case you missed them, here are the top 10 Personal Finance stories from MarketWatch for the week of Sept. 21-25:
Source: MarketWatch.com - Top Stories | 26 Sep 2009 | 6:01 am Europe Banks Face $587 Billion In Credit LossesStress tests of the balance sheets of Europe’s twenty-two largest banks shows that they have credit losses that will reach a total of $587 billion between this year and next. The analysis was done by the Committee of European Banking Supervisors. Like the banks tests done in the US five months ago, the Europe work assumes slow [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 26 Sep 2009 | 6:00 am
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