Toxic Man
Friday, March 27th, 2009
On Monday, the markets across the world reacted positively to the Obama Administrations plan to buy out the toxic assets or debts of the banks. For long it was believed that till the U.S banks were burdened with these toxic assets on their books, it would be difficult to pump in money for fresh consumer lending and hence a prolonged recession due to the lack of liquidity in the economy. (more…)
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