News 13.10

Rescue

Treasury Department is moving on five fronts. They are:

• Purchasing troubled mortgage-backed securities
• Buying mortgages, particularly from regional banks
• Insuring mortgage-backed securities and mortgages
• Purchasing equity in a broad array of financial institutions
• Help delinquent borrowers stay in their homes

-Early Monday, the British government said it would invest $63 billion into the Royal Bank of Scotland, HBOS and Lloyds TSB
На сегодня отчетности нет.На этой неделе ожидаем новости от Citigroup и Merrill Lynch а также отчеты: consumer spending and housing.

Happy Columbus Day!=)