by Cultureshock Staff · 6 Oct 2010 · 401pp · 108,855 words
.31.58.40. French Banking There are many banks to choose from in Paris and these generally offer savings and current accounts, investment opportunities and money market funds. Take your time in choosing. Bring to each bank you are considering a list of questions concerning your particular banking needs. Ask too, if necessary
by Steve Lohr · 10 Mar 2015 · 239pp · 70,206 words
role in providing regulators and investors with advance notice of AIG’s unusually concentrated position in credit-default swaps, as well as the exposure of money market funds to Lehman bonds.” This is big data as a financial microscope. The goal is to see the inner workings of markets in illuminating detail to
by Philipp Carlsson-Szlezak and Paul Swartz · 8 Jul 2024 · 259pp · 89,637 words
the financial system and the economy (see chapters 3 and 4). From conservatorship of housing agencies (Freddie Mac and Fannie Mae), to the backstopping of money-market funds, to rescues of auto manufacturers, to—critically—bank recapitalization, the awesome power of stimulus was on full display, helping arrest the most severe financial crisis
by Sheldon S. Wolin · 7 Apr 2008 · 637pp · 128,673 words
“the primary engine of social change.” The proof is in the “democratic” character of capitalism whereby “hundreds of millions” have been “enriched.”35 Thanks to money-market funds “suddenly a steelworker . . . could own shares in blue-chip companies.”36 In news that should cheer the homeless, Chase Manhattan Bank is declared guilty of
by Kent E. Calder · 28 Apr 2019
114 chapter 5 d omestic competition through creative corporate strategies. Indeed, its innovative Alipay system of e-based credit, as well as its Yu’ebao money market fund with attractive consumer deposit rates, undermined the UnionPay system of the state-owned banks and is leading China into a cashless credit age.56 Alibaba
by Michael J. Mauboussin · 6 Nov 2012 · 256pp · 60,620 words
larger than people thought initially, contributing to an increase in global risk aversion. Even parts of the market that were perceived to be safe, like money market funds, received a jolt. For example, the Reserve Primary Fund, one of the oldest and largest money market mutual funds in the United States, announced it
by Thomas Frank · 16 Aug 2011 · 261pp · 64,977 words
grafted onto an insurance company; they took over Fannie Mae and Freddie Mac, the mortgage companies; they rode to the rescue of the nation’s money-market funds and organized the distress-takeover of the huge Wachovia bank. And then, having warmed themselves up with these exercises, they went to Congress and asked
by Otmar Issing · 20 Oct 2008 · 276pp · 82,603 words
plus Deposits with an agreed maturity of up to two years Deposits redeemable at notice of up to three months M2 M2 plus Repurchase agreements Money market fund shares/units Debt securities up to two years M3 The reference value, that is the rate of M3 growth consistent with price stability over the
by Anne C. Heller · 27 Oct 2009 · 756pp · 228,797 words
capitalism had no time to research stocks and disapproved of government savings bonds, she told Eickhoff, who eventually persuaded her to invest her savings in money-market funds. When Eickhoff learned that Rand was drafting a new teleplay of Atlas Shrugged, she asked if she and her husband, a jazz club owner, could
by Robert B. Reich · 3 Sep 2012 · 124pp · 39,011 words
was a perfect storm that would never happen again. “Most of the bad actors are gone,” he said. “Off-balance-sheet businesses are virtually obliterated,” “money market funds are far more transparent,” and “most very exotic derivatives are gone.” JPMorgan’s lobbyists and lawyers then did everything in their power to eviscerate the
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by vpavan
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