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Now the US bites the bullet...it's happening
Posted: 22 January 2010


Obama's banking revolution rattles world stock markets.

The Dow Jones Industrial Average (DJIA) closed down more than 200 points on Thursday night – a drop of over 2% and its worst performance since October last year.

Read more at http://www.guardian.co.uk/business/2010/jan/22/barack-obama-banking-plans-world-markets

MindBullet logo JUST DON'T MENTION THE WORD 'BANK'
If you're not safe then you're not a bank, says regulator
Dateline: 1 September 2011
EU regulators have followed US trends by putting a big wedge between retail and investment banking. Effective tomorrow, if you're not a pure commercial deposit-taking institution, you will be banned from calling yourself a 'Bank'. And, you have six months to make the change. The new regulations are a direct result of the prolonged financial crisis and declining confidence in banks, and ...
 
 
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