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I am not a great fan of Alistair Darling, the UK’s Chancellor of the Exchequer. I think there have been times over the last couple of years when he has seemed uncertain and unconvincing when making speeches. Indeed, there has been at least one occasion...
(Feb 1st, 10)
They were supposed to use the money to reignite the economy. Instead, they kept the cash in order to keep themselves looking adequately liquid. No decision is without consequence, however. The nation’s biggest banks - Citigroup (C), Wells Fargo (WFC), Ba...
Banking (Nov 6th, 09)