Friday, 16 January 2009

NYT Hints at Rising Risk of Bank Nationalisations in the U.S.

Click here to read a news article in the New York Times about the growing risk of nationalisations in the U.S. financial idustry following news that Bank of America had access to an additional $138 billion in government cash and guarantees. It has access previously another $25 billion (Merrill Lynch included.)

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