Banks team up to calm credit markets
Central banks around the world are pumping billions of dollars into money markets in a coordinated bid to calm global financial upheaval. The package of up to $247 billion comes from the U.S. Federal Reserve, the European Central Bank, the Swiss National Bank, the Bank of England, the Bank of Canada and the Bank of Japan. full story
- CNNMoney: Why the bailouts aren't working
- Beware 'next wave' | Dollar tumbles
- iReport.com: What are you forced to give up?
No comments:
Post a Comment