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Bailouts have a price
03 November 2008
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Federal Reserve
bailout
Over the past few weeks financial markets have been dancing to the tune of governments and the media. A piece of analysis on one of the main news wires could determine the fate of a host of listed companies. It also proves that one market's loss could also have a negative impact in areas that we thought would be immune from the financial crisis. When the first proposed Federal Reserve bailout programme was rejected, Asian stocks tumbled, and when the Senate accepted a new version of the programme, Asian stocks rose. Everyone is affected.
At the recent Airfinance...
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