So we know for a fact credit is shrinking.
But this is presumably for banks that wouldn't take the funds through another program.
I will take that as a no, that we are not being paid for the guarantee that we are----
I want to know if the American taxpayer gets paid for that.
I understand it's one factor, but can we both stipulate it's a very helpful factor?
As everyone in this room knows, in late 2008 a financial crisis threatened to bring the worldwide economy to its knees.
we are concerned about the financial system. We're concerned that no institution should be able to present significant r...
the market clearly perceives that there is a too big to fail guarantee, and the market is rating Citi higher because of ...
It is really three different kinds of businesses combined: a commercial bank, an investment bank, and an insurance compa...
What does 'healthy' mean now that it didn't mean on October 14, 2008?
We have to have $700 billion or the economy will fail.