ความคิดเห็นที่ 5
 
Snap shot financial crisis
NEWS
- G20 fin mins promise the IMF money and say will use all
their firepower to combat worst economic crisis since 1930s
- AIG <AIG.N> to alter bonus structure after U.S. objects to
its plans to pay out substantial sums for 2008, to name CDS
counterparties
- Obama plays down suggestions of G20 rift, assures China
that U.S. investments safe after meeting with Brazil president
- U.S. to offer more details in coming week about planned
public-private partnerships to take bad assets off bank books
- Saudi oil minister says oil supply cut would raise prices,
choke global recovery - paper
MARKETS
- US stocks wrap up best week since Nov on Citi <C.N>
announcement, broker upgrade of Merck <MRK.N> . Dow up 0.75 pct
- Dollar gives up gains vs euro in closing minutes of U.S.
stock trading on equities rise. Oil falls towards $46 a barrel
- Price on U.S. 10-yr Treasury notes negative as Wall Street
trims earlier losses, curbing safe-haven bids for govt bonds
QUOTES
"We ... are prepared to take whatever action is necessary
until growth is restored. We commit to fight all forms of
protectionism and maintain open trade and investment." - Joint
G20 statement.
"There is a reason why even in the midst of this economic
crisis, you've seen actual increases in investment flows here in
United States. I think it's a recognition that the stability not
only of our economic system but also our political system is
extraordinary." - U.S. President Barack Obama.
"Some of these payments are coming due on March 15, and,
quite frankly, AIG's hands are tied. Needless to say, under the
current circumstances, I do not like these arrangements and find
it distasteful and difficult to recommend to you that we must
proceed with them." - AIG Chairman Edward Liddy on its 2008
employee retention payments in letter to Timonthy Geithner
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16 มี.ค. 52 07:25:43
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