Posts Tagged ‘proposal’

Nouriel Roubini: Nationalize the Banks

Saturday, February 21, 2009 15:50 2 Comments

Famed 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 [...]

This was posted under category: Bailout, Nouriel Roubini Tags: , , , , , , , , , , , , , , , , ,

GM: Needs $30 Billion from US Citizens; Plans to Fire 47,000 of Those Citizens

Tuesday, February 17, 2009 17:46 No Comments

GM’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 [...]

This was posted under category: Bailout, GM, Jobs Tags: , , , , , , , ,
Legal Disclaimer All stock price information provided by Charting Stocks is for informational purposes only and is not intended for trading purposes. Neither Charting Stocks nor its affiliates guarantee the accuracy, completeness, or sequence of any stock price information or other data displayed or in the transmission of any stocks price information or data. The stock price information is not to be relied upon for trading, business or financial purposes and Charting Stocks and its service providers are not liable or responsible in any way for any damages, losses or costs arising from the reliance of this information or incurred as a result of the non performance, interruption or termination for any reason whatsoever of the stock price information provided. It is urged that you consult with your financial professional before making any decisions related to buying or selling securities.