ZURICH : The financial crisis that has engulfed many top banks is spiralling into a broader economic crisis that has yet to peak, International Monetary Fund's top economist Olivier Blanchard told a Swiss newspaper on Saturday. Blanchard said the ...
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In boilerplate, first sentence should read: CBTC is a well-capitalized, single-bank holding company headquartered in the greater Richmond, Virginia market, with approximately $1.3Â billion in assets, $1.1 billion in deposits ...
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Despite declining stock value, Giant Interactive — the company behind the intriguing MMO Zhengtu Online , which is a mix of MMO, gambling, real money transactions, and gold farming — is still tearing up the Chinese market. Steve of PlayNoEvil has ...
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Q: I have heard the term "breaking the buck" in regard to money market funds. I know Reserve Primary Fund did this due to Lehman Brothers debt securities. Is this a problem for all money-market funds? - K.H., via the Internet A: "Breaking the buck ...
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Smarter men have been trying to answer that question for weeks. The smartest ones admit they have no idea. But there must be a point at which the stock market has fallen enough to discount an economic depression. Sure, but are we there yet? Equities ...
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Leszek Czarnecki, one of Poland's richest businessmen, has little choice on mothballing his flagship property project, a 52-storey skyscraper, in response to the global credit crisis and deteriorating conditions in the real estate market. "I want to ...
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Swiss banking giant UBS, under investigation by the U.S. government for allegedly helping Americans hide money from the Internal Revenue Service , is closing thousands of accounts, putting clients at greater risk of being exposed, tax lawyers say ...
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