US Treasury assumes free rein on finance, auto rescues (AFP via Yahoo! News) (trade energy futures) PDF Print E-mail
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Monday, 05 January 2009

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The US Treasury Department has given itself free rein in deciding the rescues of companies in the finance and auto sectors, according to two Treasury statements published this week.


First Gulf Bank in Sorbonne finance deal (AME Info)

First Gulf Bank has signed an agreement with Mubadala Development Company to provide, along with five other banks, a $323m 20-year loan. The money will be used to finance the new campus of Paris Sorbonne University Abu Dhabi.


British finance minister refuses to rule out new bank action (AFP via Yahoo! News)

British finance minister Alistair Darling refused Sunday to rule out fresh government action to help struggling banks although he said it was "not your first port of call."

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Last Updated ( Monday, 05 January 2009 )
 
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