markets crisis

The insurance giant AIG, under pressure from the U.S. Congress, made public today the list of banks and financial institutions that have benefited from 170 billion dollars received by the U.S. Treasury to avoid bankruptcy, a list that includes several European banks ( among which, however, are not credit institutions [...]

• 0 Comments

Another black day for European markets, which have reached new lows canceling bounce Wednesday, which had appeared early on as a classic bear market rally. To freeze the markets - as well as the non-announcement by Prime Minister Wen Jiabao of increased aid plan to the economy [...]

• 0 Comments

Wall Street increasingly traveling downward, with the Dow Jones sells almost 3%, and approaches (incredibly) to the share of 6800 points. It does most of the S & P/500 who loses 3.32% while the Nasdaq leaves on the parterre 2.23 percent. The American lists, well, they are overwhelmed by a surge in sales in the same way [...]

• 2 Comments

The Icelandic State has taken control of the Icelandic bank Kaupthing, the first bank in the country. The Authority announced today the financial Iceland (EMF). "The Icelandic financial authorities, in accordance with the powers granted to it by the Icelandic parliament, has taken control of Kaupthing to maintain the continuity of commercial banking operations in Iceland," said the statement [...]

• 0 Comments