Whither Europe: The U.K. will inject $155 billion into the nation’s banking system in a move to head off ill effects of Greek elections on Sunday. That news comes after an unnamed G-20 official told Reuters yesterday that the world’s central bankers are ready to provide liquidity if the elections upset markets.
Niall Read More
The world’s central bankers are gearing up to provide liquidity in the event that Greek elections Sunday cause a free fall in markets, Reuters is reporting, and you know, again (and again) after that.
It was only this weekend, of course, that a plan to rescue the Spanish banking system with $125 billion in European Read More
Much like a college junior on a study abroad trip, Citigroup CEO Vikram Pandit is discovering new truths about his place in the world on a trip to South Korea for the G20 meeting of global economic powers. You see, it was only after his departure for Seoul that he realized just how underappreciated America’s Read More