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Theme : finance
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Apocalypse now
A tsunami has hit the world's financial institutions this year, wreaking carnage in the past month. It has toppled giants, turned princes into paupers and prompted governments to make the most drastic economic intervention seen since the New Deal.There is wide agreement that we are witnessing a once-in-a-lifetime financial 'apocalypse', but scant consensus as to what caused it. Every view can be heard in the din of analysis - from those who perceive nothing more than the normal cycle of the...
from : peterharrington
7th November 2008
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DON'T PANIC!!!
So the chancellor wants to be able to save banks in private. He is keen that, when future Northern Rocks rock, the Treasury should be able to help them out without telling the public everything that is going on, in case they 'panic.' Back in September, Duncan wrote about how the prevailing view among economists saw runs on banks as irrational. Given the huge uncertainty about the stability of Northern Rock, getting my money out would seem to me to be the most sensible possible course of...
from : jackstilgoe
30th January 2008
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Capital gains : Article : Nature
London's Alternative Investment Market (AIM) is luring US science-based companies
from : mollywebb
26th October 2006