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Geithner to hold briefing Monday on toxic assets plan WASHINGTON (MarketWatch) -- U.S. Treasury Secretary Timothy Geithner will on Monday provide details about the government's latest plan to help rid banks of toxic assets clogging the financial system. The Treasury Department said in a press release that it will hold the briefing at 8:45 a.m. EDT on Monday. The Treasury Department's program involves setting up a new investment fund to buy mortgage-related securities and other assets weighing down bank balance sheets. The new Public Private Investment Program would combine taxpayer money with private funds, aiming to buy loans and free up banks to renew lending. Market WatchCzech bank governor warns on economy The Czech Republic could see its economy contract by as much as 2 per cent this year if the recession worsens in western Europe, warns Zdenek Tuma FTTimothy Geithner: My Plan for Bad Bank AssetsWall Street Journal Toxic assets plan is big White House test The Obama administration faces its latest moment of truth when Tim Geithner unveils much awaited plans to take hundreds of billions of toxic assets off banks' balance sheets FTBanking Transparency Gone: The Federal Reserve has been Slowly Moving to more Archaic Forms of Creating Credit. New Plan Will Subsidize Casino Loans for Investors with Taxpayer Money. While the public is exercising a Freudian fixation on the A.I.G. scandal, misguidedly thinking that A.I.G. is an American company... Mr. SwingFinancials Climb on Geithner Plan The Nikkei climbed 1.8% Monday with financial stocks leading as investors awaited Geithner's plan to clear toxic assets off U.S. banks' books. Wall Street JournalTreasury to detail toxic assets plan on Monday WASHINGTON (Reuters) - U.S. Treasury Secretary Timothy Geithner on Monday will announce plans for a public-private effort to rid banks of toxic assets at the heart of financial woes that have driven the economy into a deep recession. ReutersECB could cut rates, take other steps: Trichet LONDON (Reuters) - European Central Bank President Jean-Claude Trichet said on Monday the bank can cut interest rates further but that its deposit rate was already at very low levels, and added it could use more non-conventional measures to help the troubled banking system. ReutersIndia takeover boom expected to revive after debt reduction - Financial Times India has plummeted from being one of Asia&os;s most lucrative markets for share offerings and mergers and acquisitions to one of the least active this year, with investment bank revenues in the country plunging to about one quarter of their levels a ... Feed DigestJapan government easing rules to allow more JBIC loans: report The Japanese government is reportedly planning to suspend some restrictions on the state-run Japan Bank for International Cooperation as an emergency measure to increase access to dollar funds. Market Watch1 2 3 4 |
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Feedzilla is a news aggregator which categorizes news stories by topic. It is a platform where webmasters and bloggers can find an unmatched selection of easy to use, automatically updating and professional news widgets for their sites. Feedzilla supports the building of widgets in various formats, as well as allowing the addition of news widgets to different blogging platforms and social networks.
Feedzilla manually aggregates news summaries found in RSS feeds, and redistributes them in either RSS format or as a news widget. Content is collected 24 hours a day, 7 days a week from an ever-growing list of providers.
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9th of September 2009 - Interview of Feedzilla's founder at the IFA in Berlin. [More]