Tuesday, March 18, 2008

Sub-prime collapse 'beyond the US Federal Reserve'

US Federal Reserve 'lacking funds to help crisis' - Losses yet to come 'easily exceed remaining $400bn' - Not going to be able to deal with situation on own.FEARS are growing that the US Federal Reserve may soon find itself short of the funds needed to continue propping up the nation's financial system.

read more | digg story

No comments:

4-24-2024

Tesla profits drop 55%, company says EV sales 'under pressure' from hybrids   The Russian Hacker Group Sandworm is Back: New Kapeka ...