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U.S. Senate Committee on Banking, Housing, and Urban Affairs

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Treasury chief staying put – Obama

23.03.09
... more

Now Sir Fred enters hall of shame in US

25.02.09
Well done, Fred the Shred. Even the Americans are holding you responsible for the credit crunch.... more

Obama may raise stake in ‘walking dead’ Citigroup

23.02.09
Banking: US banking giant Citigroup is in talks with the Obama government that could lead to its virtual nationalisation ... more

Stricken US carmakers looking close to a bailout

04.12.08
A bailout by American taxpayers of Detroit's crippled carmakers looked ever more likely as key politicians voice their approval of a £23 billion aid request... more

Nissan in warning of a profits dive to zero

19.11.08
Engineering Nissan chief Carlos Ghosn has warned that the company's second-half profit will probably fall to "zero" as the global motor industry crisis intensifies... more

Japanese bank steps in to save 2,500 jobs at Lehman in London

23.09.08
The threatened jobs of up to 2,500 Lehman Brothers staff in London were saved when the bulk of its Canary Wharf operations were sold to a Japanese bank... more

Pace is upped in battle to bail out the US economy

23.09.08
Markets: Federal Reserve chairman Ben Bernanke and Treasury Secretary Hank Paulson ratcheted up the pressure on Congressmen to accept the $700billion (£382billion) bailout plan... more

Paulson accepts call for oversight of $700bn bailout

23.09.08
Credit Crunch: The world's financial markets steadied as the Bush administration edged closer to a deal with Congress on the bailout plan for Wall Street... more

American rescue bid could cost £1 trillion

19.09.08
Credit Crunch: Fears are growing that the financial-industry bailout being worked out by US authorities could take a heavy toll on the American economy, with cost estimates as high as £1.09 trillion.... more

Bear bids to stop client poaching by former staff

27.03.08
Bear Stearns is seeking an injunction to stop five former employees using its client lists... more

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