Showing posts with label IIIT-Pune. Show all posts
Showing posts with label IIIT-Pune. Show all posts

Sunday, September 21, 2008

We all knew going into the weekend that Monday would be a day to test the strength of the financial system. We just didn't know how tough that test was going to be. It's Monday in most of the world now, and markets are cracking up just a few hours behind sunrise. Australia's financial stocks are leading its market downward, and it's Reserve Bank is injecting $1.3 billion to ease concerns.

Mansi
IIIT-pune
gaur.mansi@gmail.com
mansig_june07@mba.isquareit.ac.in

Billion dollars dissapeared

As the rest of the financial community was scrambling to get its money out, a government-owned German lender gave Lehman Brothers 300 million euros on the same day it filed for bankruptcy

Virendra
IIIT-Pune
virencp@gmail.com
virendrap_june07@mba.isquareit.ac.in