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US banking major Goldman Sachs Group Inc has sold stocks worth $5 billion to repay a federal bailout loan amidst growing concerns about the effectiveness of the US government's Troubled Asset Relief Programme for its failed banks. Goldman said it has priced a public offering of 40,650,407 shares of its common stock at a ... - ... saw the meeting as productive and frank, White House spokesman Robert Gibbs said, adding the president stressed the importance of dealing with "toxic assets" -- bad loans many banks are stuck with thanks to the collapse of the U.S. housing market. ...
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Thursday, October 23, 2008
Earthtimes (press release), UK -
PETALUMA, Calif. , Oct. 23 /PRNewswire-USNewswire/ -- The following was released today by the American Small Business League: For the seventh consecutive year, Bush Administration officials are still claiming that billions of dollars in federal small business contracts have been diverted ... -
Thursday, October 23, 2008
Telegraph.co.uk, United Kingdom -
Alistair Darling and Lord Mandelson are to urge high street banks to show more sensitivity when dealing with small companies to help them maintain their cash flows. ... -
Thursday, October 23, 2008
Earthtimes (press release), UK -
PETALUMA, Calif. , Oct. 23 /PRNewswire-USNewswire/ -- The following was released today by the American Small Business League: For the seventh consecutive year, Bush Administration officials are still claiming that billions of dollars in federal small business contracts have been diverted ...
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Oct 15, 2008
FT Adviser, UK -
Cheltenham & Gloucester (C&G) and Lloyds TSB will be increasing the rates on their mainstream tracker products by between 0.30 and 0.50 per cent from tomorrow (16 October). ... -
Oct 19, 2008
Telegraph.co.uk, United Kingdom -
The chairman, chief executive and finance head of Caisse d'Epargne resigned last night after the French savings bank lost close to £500m in a derivatives ... -
Oct 20, 2008
Telegraph.co.uk, United Kingdom -
Bavaria's regional bank BayernLB became the first in Germany to signal it will seek billions in government aid as a €480bn (£370bn) bailout package went ... -
Wednesday, October 22, 2008
Telegraph.co.uk, United Kingdom -
The Government is examining ways of recovering the £37bn being injected directly into Britain's troubled banks more quickly than had been thought. ... -
Oct 17, 2008
Telegraph.co.uk, United Kingdom -
The unprecedented effort by Governments and central banks to get banks lending to each other again showed the first signs of paying off this week. ...
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