Wed 16 Jan 2008
A Growing Foreign Stake in U.S. Banks
Posted by k under Democracy , Finance , Globalization/EmpireNo Comments
By David Cho Washington Post Staff Writer 1/16/08. Seen on ICH
The nation’s biggest financial firms, battered by huge losses in their mortgage businesses, are relying on an enigmatic source for cash: foreign governments in the Middle East and Asia. (more…)