Posts Tagged ‘proposal’
Nouriel Roubini: Nationalize the Banks
Saturday, February 21, 2009 15:50 2 CommentsFamed economist Nouriel Roubini comes out in support of ChartingStocks.net’s theory and says Nationalize the banks (OK I made the first part up).
In an interview with Tunku Varadarajan of the Wall Street Journal, Mr. Roubini says that bank nationalization “is something the partisans would have regarded as anathema a few weeks ago. But when I [...]
GM: Needs $30 Billion from US Citizens; Plans to Fire 47,000 of Those Citizens
Tuesday, February 17, 2009 17:46 No CommentsGM’s proposal to restructure the company includes $30 billion from the US taxpayer while firing another 47,000 of those same taxpayers.
General Motors submitted the plan to the Treasury today to explain how the Detroit automaker will become viable and repay its loans. It says GM will try to borrow up to $16.6 billion more from [...]





















