The news that the sovereign wealth fund of Dubai requested a postponement of billions of dollars of debt this week could pose a big problem for U.S. banks.
Dubai's threat to U.S. banks
Posted in Finance by businessman 99 days ago (http://rss.cnn.com)U.K.'s Darling Blasts Banks' Investors
Posted in Finance by financewhizz 118 days ago (http://online.wsj.com)
U.K.Chancellor of the Exchequer, Darling lambasted the former shareholders of Britain's failed and government-rescued banks for what he called their failure to exercise their responsibilities as owners.
Big banks get ready for round two
Posted in Finance by businessman 240 days ago (http://rss.cnn.com)
Will the big banks do it again?
Seven banks fail, pushing 2009 tally to 52
Posted in Finance by businessman 251 days ago (http://rss.cnn.com)
Seven banks were shut down by authorities Thursday, pushing the tally of failed banks for 2009 to 52, more than doubling the failures in 2008.
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