“Less than a week after Europe and the United States coordinated moves to ease the crisis, the Swiss government said it would take a 9 percent stake in UBS, the financial giant that has been among the hardest hit by losses from American subprime mortgage debt, and provide it with 6 billion Swiss francs ($5.36 billion) in capital.”
http://www.nytimes.com/2008/10/17/business/worldbusiness/17swiss.html?_r=1
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Egypt death toll soars as Obama leads muted international condemnation
Obama's Ex-Secret Service Agent: It's Not Gun Control... It's People Control
American al Qaeda militant urges attacks on U.S. diplomats
Australia to Fly Guns and Ammunition Into Iraq
Fannie To Allow Mortgage Walkaways by On-Time Borrowers
Lucerne orchestra axes concert with Depardieu over tax shopping
McGruff, The Crime Dog, Sentenced To 16 Years For Pot, Weapons
A decade later, Bush stooge Musharraf wanted for murder of Benazir Bhutto
Trump Retreats on Separating Families, but Thousands May Remain Apart
Chris Christie's Attack on the Civil-Liberties Wing of the GOP
Regulator on Bitcoin: Same Rules Apply
Banks lock out Americans over new tax law
India central bank red flags 'virtual currency'
Estonia's plan to let anyone become European – digitally
Russia warns UK against arming Syrian rebels