Posts Tagged ‘euro’
Citigroup to Invest $10 Billion of Taxpayer Money in Spain!
Monday, December 1, 2008 20:09 No CommentsThe heavily indebted Spanish construction group Sacyr Vallehermoso announced the sale of the highway operator Itinere Infraestructuras to Citigroup for $10 Billion (7.88 Billion Euro’s).
Citigroup is buying a toll road (Highway) in Spain.
You can’t make this stuff up!
Citigroup? The bank that was on the verge of failing last week. The bank that was on [...]
IMF Warns: Worst of financial crisis yet to come
Saturday, November 22, 2008 22:39 No CommentsThe IMF’s chief economist has warned that the global financial crisis is set to worsen and that the situation will not improve until 2010, a report said Saturday.”The worst is yet to come,” Blanchard said in an interview with the Finanz und Wirtschaft newspaper, adding that “a lot of time is needed before the situation [...]
