The Wall Street Journal, citing people familiar with the situation, said late Sunday that Citigroup Inc. is negotiating with authorities to increase the U.S. government's stake in the teetering lender to as much as 40 percent.
Monday, February 23, 2009
Report: Gov't Could Take a Bigger Chunk of Citi
Posted by Dstall at 6:53 AM 0 comments
Labels: govt bigger chunk citi, News - Politics, report, world markets
Thursday, November 6, 2008
Asia Markets Tumble

Asian stock markets tumbled on Thursday, following Wall Street's drop as US presidential election euphoria gave way to fears of a deep and protracted recession in the world's largest economy.
Posted by Dstall at 7:21 AM 0 comments
Labels: asia tumble, News - Politics, world markets
Thursday, October 30, 2008
Asian Stocks Rally After Fed Drops Interest Rate

Relieved investors stormed back into global markets Thursday, sending stock indices in Hong Kong, South Korea and Japan surging by double digits, after the U.S. Federal Reserve slashed interest rates to help revive the world's largest economy.
Posted by Dstall at 6:19 AM 0 comments
Labels: asian stocks rally after fed drops interest rate, News - Politics, world markets
Monday, October 27, 2008
Asian Markets Continue to Fall

Asian stock markets have resumed their downward slide, with Japan's Nikkei index falling to a 26-year-low.
Posted by Dstall at 6:36 AM 0 comments
Labels: asian continue fall, News - Politics, world markets
Brown: Banks Need to Do Their Jobs

British Prime Minister Gordon Brown says strengthening banks is important, as is keeping funds flowing to businesses, homeowners and families.
Posted by Dstall at 6:34 AM 0 comments
Labels: banks do, brown:, News - Politics, world markets