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Showing 11 - 20 of 23 results for "Nationalisation"

AIG: 100 per cent GFC proof

BENJAMIN ONG  |  TUESDAY, 17 MAR 2009
... American International Group - which is turning out to be the greediest of the greedy -- when the fervour towards nationalisation was on his side. At the beginning of this month, AIG dominated the headlines for announcing the biggest quarterly loss (US$61.7 ...

The Ides of March

BENJAMIN ONG  |  TUESDAY, 3 MAR 2009
... is contracting and perhaps the global recession would be deeper. There were rumours and rumours of rumours of nationalisation. Announcement of more government bail-outs and this time, in the US, accompanied by US President Obama's pledge to correct the ...

Sovereign funds lose out after bank bail-out

MICHELLE BALTAZAR  |  TUESDAY, 24 FEB 2009
... $2 per share company selling off assets is not good." But it is not only the GIC that stands to lose out. The nationalisation of the US banking sector will have its knock-on effect on the valuation of global finance stocks and consequently, the returns ...

Nationalisation - that ugly word

BENJAMIN ONG  |  MONDAY, 23 FEB 2009
... way to go' is understandable because a democratic, capitalist society does not want to dirty its fingers with 'nationalisation.' Particularly given that a great number of Socialist countries -- led by the USSR - have 'seen the light,' embraced democracy ...

No meat

BENJAMIN ONG  |  WEDNESDAY, 11 FEB 2009
... unpalatable as it may seem for many reeling western democracies, especially for the US, they may have to resort to nationalisation. China, for instance, is able to 'ask' its government-controlled institutions not to restrict lending. Like all other economies ...

Darkest before dawn

BENJAMIN ONG  |  MONDAY, 2 FEB 2009
... and foreclosures, tighter lending standards, output contraction all over the planet, nationalization, de-facto nationalisation, the list goes on. The International Monetary Fund's (IMF) downward revision to global growth and the first estimate of US ...

Market Wrap - Midday

AAP  |  FRIDAY, 23 JAN 2009
... per cent, to $38.10. MORE rlm/pe Mr Potter said the domestic financial sector had been spooked by talks of bank nationalisation in the United Kingdom. "It's doing nothing for confidence," he said. At 1205 AEDT, National Australia Bank had lost 58 cents ...

The end is nigh

BENJAMIN ONG  |  MONDAY, 13 OCT 2008
Measures, measures and more measures. How long is a piece of string? How much more money must central banks kept throwing at banks, financial institutions and businesses to get credit flowing again? Selective bailouts, massive rescue packages, coordinated ...

Fortis bank $19.5bn bail-out 'stabilises' FIA

MICHELLE BALTAZAR  |  MONDAY, 29 SEP 2008
The part nationalisation of European banking giant Fortis will not affect the operations of its local subsidiary, Fortis Investments Australia, nor put FIA's $6 billion in funds at risk, said FIA's chief executive Ian Manton-Hall. The fate of Fortis ...

One step forward, two steps back

BENJAMIN ONG  |  WEDNESDAY, 10 SEP 2008
... the credit crunch that ensued. This is a complete reversal of the market's optimism that followed the 'de facto' nationalisation of US mortgage giants -- Fannie Mae and Freddie Mac - and supports our rumination that this may not be enough to significantly ...