Today: FINANCIAL News, Money, Banks, Economic and Financial Crisis, Jul 30, 2011

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Jul 30, 2011

FINANCIAL News, Money, Banks, Economic and Financial Crisis, Jul 30, 2011

Debt Ceiling Issues: Crisis or Media Frenzy?
Patch.com
Now, should the US government treasury bonds no longer carry the “high credit quality” moniker, every portfolio will have to be redefined. Ironically, many will make a beeline to their financialplanner's phone and move to the “cash” positions. ...
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Shades of views over new CBN's MPR
Nigeria Daily Independent
Should it even happen now that the Federal Government is taking necessary steps on promotinginvestment in the economy? ” He said the spread between deposit and lending rates was a major disincentive to saving and could affect financial intermediation ...
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Will the floor fall out if ceiling is not raised?
Equitymaster.com
The global economy is in a crisis... And things are only going to get worse. In fact, this crisis could get really bad on August 2nd and thereafter... That's the day the US government could run out ofmoney ie it will no longer be able to pay its bills ...
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