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INSURANCE NEWS - The Banks
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White House pushes banks to support GM, Chrysler - Globe and Mail
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As of: 2009-02-23
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Maktoob- White House pushes banks to support GM, Chrysler- Globe and Mail, Canada- Outside advisers to the US Treasury have started lining up the largest bankruptcy loan ever, talking with banks and other lenders about at least $40-billion (US) in financing for General Motors Corp. and Chrysler LLC, in case the two auto makers need ...- Treasury considers GM and Chrysler funding options Reuters Canada- all 54 news articles -
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Bank of Canada to loosen collateral rules - Globe and Mail
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As of: 2009-02-23
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Bank of Canada to loosen collateral rules- Globe and Mail, Canada- OTTAWA ? In a bid to loosen up the market for private debt, the Bank of Canada said it will soon begin accepting corporate bonds as collateral for short-term loans, a shift that reflects the persistence of the credit crunch. The central bank said ... -
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Canadian banks are next great trade: Gartman - National Post
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As of: 2009-02-23
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Canadian banks are next great trade: Gartman- National Post, Canada- Dennis Gartman says the next great trade is to own Canadian banks stocks. The author of the popular Gartman Letter said this strategy should be coupled with being short of US banks. Mr. Gartman says he was looking at charts over the weekend and ... -
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Bank bailout, Big 3, oil, Canadian banks, retail sales, Campbell ... - N...
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As of: 2009-02-23
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Bank bailout, Big 3, oil, Canadian banks, retail sales, Campbell ...- National Post, Canada- Investors are responding to media news over the weekend that more information on Treasury?s bank stabilization program will be released this week. The program includes the possibility that Treasury will convert Citigroup preferred shares into common ... -
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Only governments can get credit rolling - Globe and Mail
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As of: 2009-02-23
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Only governments can get credit rolling- Globe and Mail, Canada- The banks became weapons of mass financial destruction last year. This year the same banks have the potential to become weapons of mass industrial destruction, the equivalent of back-to-back carpet bombings. The financial crisis has all but shut the ... -
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Bankers note funding gap - Financial Post
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As of: 2009-02-23
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Bankers note funding gap- Financial Post, Canada- Executives warn that pressures will continue to build in the financial system and that banks will increasingly struggle to fill funding gaps left by the retreat of more fickle investors from capital markets. Solving this impasse will require further ... -
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US regulators pledge to shore up financial system - Globe and Mail
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As of: 2009-02-23
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US regulators pledge to shore up financial system- Globe and Mail, Canada- The Treasury Department, Federal Deposit Insurance Corp., Office of the Comptroller of the Currency, Office of Thrift Supervision and the Federal Reserve jointly issued the statement amid growing concern that some of the country's biggest banks may ... -
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INSURANCE NEWS ABOUT - The Banks
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