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2008 FINANCIAL MELTDOWN
Barney Frank dies at 86: Who was the liberal firebrand behind Dodd-Frank, Wall Street reform, and America’s LGBTQ political revolution?Who was Barney Frank? The death of Barney Frank marks the end of one of the most consequential and controversial political careers in moder...- Fed nominee Warsh prepares for monetary policy road test before Senate panelAfter more than a decade criticizing the U.S. central bank, former Federal Reserve Governor Kevin Warsh faces a mark-to-market moment in a ...
- US Federal Reserve nominee Kevin Warsh faces Senate test on monetary policyKevin Warsh faces a crucial Senate hearing for the Federal Reserve chief nomination. Lawmakers will question his economic ideas and monetar...
- Market shock ahead? Ex-Treasury secretary warns of ‘vicious’ bond crash comingFormer U.S. Treasury Secretary Henry Paulson warns of a possible bond market crash due to rising U.S. debt and interest rates. He says risk...
- Why the 'Margin Call' 2011 boardroom scene is going viral again: A study in financial crisis decision-makingA gripping boardroom scene from "Margin Call" has resurfaced online, depicting executives grappling with a severe financial crisis. The cli...
- Ace banker Jamie Dimon on how JPMorgan did six months of work in two days and bought Bear Stearns in a night during the financial crisis in 2008When no one had foreseen the 2008 financial crisis, JPMorgan CEO Jamie Dimon summoned JPMorgan staff back to the office at 9 pm on a Thursd...
- Global recession due to pandemic inevitable; but recovery can be fastThere are a few who fear that this can even lead to a depression.
- Central bankers float new currency system, safety net at confabOutgoing RBI Governor Raghuram Rajan reiterated his proposal for a new permanent liquidity facility to ensure funding during emergencies.
- Perception about large global banks remains low, says reportAccording to the report, in 2015 the problem and the concerns shared with media audiences referred to the future.
- 2008 financial meltdown, Euro debt crisis hit Indian economy: ASI dataHaving weathered the 2008-09 global financial crisis, India also had to brave the effects of the European sovereign debt crisis in 2011-12.
- Lehman Brothers' bankruptcy expenses cross $1 bnExpenses related to the bankruptcy proceedings of Lehman Brothers Holdings, whose collapse worsened the financial meltdown in 2008, has cro...
- Bailouts in Europe: some precedentsThe appeal from Greece for a debt rescue from the EU and IMF is the latest in a number of debt crises in Europe.
- ‘Meltdown to be felt next fiscal too’Planning Commission deputy chairman Montek Singh Ahluwalia said the impact of the global meltdown will be felt in the next fiscal & it woul...
- Impact of global recession to be felt in 2010-11, says MontekThe Planning Commission today said the impact of the global meltdown will be felt also in the next fiscal and it would not be possible to a...
- India beats recession blues, back on global investors' radarIndia is back on the radar of global investors even in the midst of the global financial crisis, with 56 per cent year-on-year rise in infl...
- Israeli co picks India over US for expansionThere was a time when global software firms came to India to set up development centres. That has changed. Now, they are coming to India be...
- Growth revival imminentWorld Bank has raised India growth estimate from 4% in March to 5.1%.
- IT sector growth could slow to 10.8 percent in 2009Indian IT sector is expected to grow at 10.8% in 2009, the lowest in last 5 years, due to the global economic meltdown. Top Indian outsourc...
- Investors pulled out Rs 54,54,650 crore from mutual funds in FY-09Experts said the redemptions during the fiscal were mainly on the back of meltdown in stock markets, which led to investors pulling out mon...
- Japan's new auto sales down to record lowJapan's domestic sales of new vehicles plummeted to 3,212,342 units in 2008, the lowest level since 1974, as spending was restricted by wor...
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