ShareThis Markets Rally After £81bn Spain Bank Bailout 11 Jun 2012 Asian stocks and the euro rose sharply after Spain sought a lifeline for its ailing banks, easing fears that Europe’s debt crisis was about to spin out of control. The markets rallied after Spain asked finance ministers from the 17 euro-using countries to rescue [...]
Anger in Greece as parliament to vote on bailout
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Greek lawmakers will vote this weekend on a controversial austerity bill that Athens needs to avoid a messy default but which is fuelling a domestic political and social crisis that has brought thousands of Greeks out on the streets in protest. The cabinet approved the draft bill late on Friday – paving the way for [...]
US taxpayers could be forced to foot bill if Fed’s bailout of faltering Eurozone turns sour
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ShareThis American taxpayers could be forced to foot the bill if Fed’s bailout of faltering Eurozone turns sour 18 Sep 2011 American taxpayers could end up footing the bill if the United States’ bailout of the faltering Eurozone turns sour… The biggest exposure could come from America’s status as the single largest source of money [...]
Did The Wall Street Bailout Really Make Money For Taxpayers?
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New York Times columnist Aaron Ross Sorkin wonders if the government’s claim that its bailouts of Wall Street firms worked and will be profitable might be true. What do you think? Moneybag What if, after all that panting over Washington’s bailout of the financial system, we learned that it actually worked? And what if, after [...]














