Wednesday, February 25, 2009

Nationalization of U.S. Banks Not Necessary, Says Bernanke

Federal authorities do not see any advantage to nationalizing large banks since a return to profitability can be achieved through a combination of strong regulations of how rescue funds are used, and greater transparency on financial institutions, according Fed Chairman Ben Bernanke.

read more | digg story

No comments:

3-17-2024

Putin says setting up a nuclear power unit in space is a priority for Russia Musk's SpaceX is building spy satellite network for US inte...