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CURRENCY3

Thoughts are energy.

Category Archives: CURRENCY3

No, The Big Banks Have Not “Paid Back” Government Bailouts and Subsidies

Washington’s Blog Dec 6, 2010 The big banks claim that they have paid back all of the bailout money they received, and that the taxpayers have actually made money on the bailouts. However, as Barry Ritholtz notes: Pro Publica has been maintaining a list of bailout recipients, updating the amount lent versus what was repaid…. Read More »

Call for New Global Currencies Deal

The world’s leading countries should agree a new currency pact to help rebalance the global economy, a leading association of financial institutions has urged. The Institute of International Finance, which represents more than 420 of the world’s leading banks and finance houses, warned on Monday that a lack of such co-ordinated rebalancing could lead to… Read More »

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