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Banking
Date Link Article
January 08, 2009 UK enters uncharted territory as Bank of England cuts rates to all-time low
Guardian
The Bank of England has been in existence since 1694 but never, not even during the Great Depression of the 1930s, have interest rates been below 2%.
December 22, 2008 Bankers In the Crucible
Washington Post
They're technocrats, schooled in subjects that bore most people. They are appointed -- not elected -- to top government jobs, and what they do is ...
December 22, 2008 AIG sells itself, bit by bit, to pay off debt
CNNMoney
On Dec. 1, AIG said it would sell its subsidiary AIG Private Bank to Aabar Investments, an institutional investor based in the United Arab Emirates.
December 15, 2008 Top banks admit huge losses in Wall Street 'pyramid' fraud
Breitbnart.com
Top world financial groups on Monday revealed massive potential losses from an alleged scam run by Wall Street trader Bernard Madoff...
December 15, 2008 Scam victims: Finance giants count losses
CNNMoney
List of potential victims in what is said to be a massive Ponzi scheme run by money manager Bernard Madoff continues to grow.
December 12, 2008 Fed Refuses to Disclose Recipients of $2 Trillion
Bloomberg
The Federal Reserve refused a request by Bloomberg News to disclose the recipients of more than $2 trillion of emergency loans from U.S. taxpayers and...
December 11, 2008 Jim Rogers calls most big U.S. banks "bankrupt"
Reuters
Jim Rogers, one of the world's most prominent international investors, on Thursday called most of the largest U.S. banks "totally bankrupt," and...
December 09, 2008 Treasury Bills Trade at Negative Rates as Haven Demand Surges
Bloomberg
Treasuries rose, pushing rates on the three-month bill negative for the first time, as investors gravitate toward the safety of U.S. government debt amid...
December 03, 2008 Auditors fault Treasury oversight of bailout funds
Miscellaneous
The government must toughen its monitoring of the $700 billion financial bailout to ensure...
December 01, 2008 Bailed-Out Bank Goes on Toll Road Buying Binge
Miscellaneous
Bailed out Citigroup fund spends $10 billion buying 44 foreign toll roads.
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