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- www.npr.org
The market for credit default swaps is unregulated, helping create a climate where a single massive default could trigger unforeseen and calamitous events. An "unholy chain" of credit default swaps contributed to the worst credit crisis since the Great Depression.
- www.bloomberg.com
Nov. 18 (Bloomberg) -- U.S. auto chief executives planned to renew their personal push today for $25 billion in loans to stem cash shortages, as details of the aid package circulated on Capitol Hill and Senate approval this week remained in doubt.
- www.startribune.com
BRUSSELS, Belgium - European Union leaders backed a 100-day deadline by which the world's leading economies should decide urgent global finance reforms, French President Nicolas Sarkozy said Friday. Sarkozy, who chaired a special meeting of EU ...
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