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U.S. selling AIG stake, but still holds many others
by
Sep 10, 2012
The U.S. government will continue to hold major stakes in the housing and financial worlds even though it is set to sell most of its remaining investment in AIG.
Former Treasury official: AIG no longer 'too big to fail'
Interview by
Sep 10, 2012
The former Chief Restructuring Officer at the U.S. Department of the Treasury says the government could end up making $20 billion on the AIG bailout
U.S. firms prep for Greece exit from euro
by
Sep 7, 2012
From adjusting computer systems to moving cash, U.S. companies are putting contingency plans in place in the event Greece bolts the euro.
ECB plan may increase risk of Greek eurozone exit
by
Sep 7, 2012
The plan to buy up bonds from troubled Eurozone economies creates a firewall for nations like Greece and Italy -- expelling Greece may now be less risky.
Draghi levels his big bazooka at eurozone debt
by
Sep 6, 2012
Making good on earlier promises, European Central Bank chief Mario Draghi has unveiled a huge bond-buying program aimed at tackling the European debt crisis.
Europe's big bond bet and what it means for the U.S.
by
Sep 5, 2012
Europe will likely announce a big bond-buying program tomorrow. The U.S. Fed will be watching.
European debt crisis spreads to the private sector
by
Sep 4, 2012
Companies in some of the weaker eurozone economies are facing much higher borrowing costs, as much as 50 percent higher than for companies in Germany.
Eurozone awaits news from European Central Bank
Interview with
Sep 4, 2012
A survey out this morning shows that manufacturing in the eurozone has fallen for the 13th straight month -- not a great start to what will be a big week for the European Debt Crisis. On Thursday, the head of the European Central Bank, Mario Draghi, is expected to tell us what he meant when he said he'll do "whatever it takes" to save the euro.
As eurozone leaders return to work, worries resurface
by
Aug 29, 2012
Europe's politicians are back at work after long summer vacations, but the economic woes that beset the continent then are now back in the headlines.
European Central Bank disappoints investors with non-action
by
Aug 2, 2012
Investors had been hoping that ECB President Mario Draghi would unveil something big to help solve the European debt crisis. Instead, Draghi offered only vague commitments.











