Sub-prime collapse 'beyond the US Federal Reserve'

Courtesy Digg - Business & Finance  Mon, 03/17/2008 - 18:00

US Federal Reserve 'lacking funds to help crisis' - Losses yet to come 'easily exceed remaining $400bn' - Not going to be able to deal with situation on own.FEARS are growing that the US Federal Reserve may soon find itself short of the funds needed to continue propping up the nation's financial system.


 

More related items

Japan and Sweden: A tale of 2 gov't bailouts
Loans turn sour after years of excessive lending. Big financial institutions collapse. Fears grow about an economic meltdown. The government announces a massive bailout.

In Europe, Concern on the Faces of Investors
The kind of gloating that might have accompanied the collapse of a Wall Street titan in the past has been replaced by fears of what it portends for Europe’s increasingly global financial...

Sterling loses more ground against the dollar
The pound fell against the dollar for the 11th straight day on Friday — making it the longest run of losses in 37 years — on fears that Britain is heading for a recession.

Sony ICD-P520 Digital Voice Recorder with 256 MB...
The ICD-P520 digital voice recorder is compact and easily connects to a PC. Featuring up to 256 MB of flash memory it offers up to 130 hours of recording time in the LP mode.

HandStands Laptop Lap Desk Mat Pad - Comfortable...
Growing tired of the continuous heat from your laptop notebook computer? Enjoy the newest product from HandStands that helps make mobile computing more of a comfort. Regardless of the size of...


 

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
We apologize for the inconvenience. Please help fight spam.
business.marc8.com