Rescued banks to repay CBN in Q2: Sanusi NEXT By Chijioke Ohuocha A state-funded 'bad bank' being formed to buy non-performing loans held by rescued Nigerian lenders will free them up to repay by ...
Brazil's commodities boom produces richest man TheBull.com.au "A changing government would not be a bad thing." Not as long as Brazil's credit rating continues at Baa3, its currency remains stable and the Bovespa stock ...
College Pt. clan charged with credit card ruse YourNabe.com These schemes drain bank accounts, ruin credit and potentially equip terrorists with the documentation they need to avoid detection. ...
BofA 'Comfortable' Bank Can Absorb Home-Equity Losses Bloomberg The business is not pretty and bad loans are elevated, but it's not a big issue for us in terms of write-downs, said Moynihan, whose bank is based in ...
China overheating fears grow, spurring tightening talk Economic Times The pace of credit growth halved in February, as expected, but some economists said the central bank would probably not wait long before increasing banks' ...
The Outside View: Is China the New Japan? Equitymaster.com In the US, as we all know, the Great Crash of 1929 began a long period in which excess capacity and bad investments were gradually and painfully eliminated. ...
China's inflation accelerates in February Bellingham Herald Communist leaders have imposed curbs on bank lending but avoided raising interest rates, which could slow growth and affect China's trading partners by ...
The Paper Bubble Gold Seek These policies are designed to destroy the value of our currency so that a new inflationary boom can begin and bad bank debts can be bailed out. ...
You'll never see that money again Marketplace (blog) GM and GMAC most likely made it appear that GMAC was invaluable to its business because it had created a cozy dominance of the revolving lines of credit ...
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