IMF finally knocks on Uncle Sam's door

[Rubber DuckRubber Duck is verified member.]

http://business.theage.com.au/business/imf-finally-knocks-on-uncle-sams-door-20080806-3qp6.html?page=1

 

[copper]

Damn.
I wonder if it's actually going to happen.

 

[jasdon11]

About time - similar has happened in the UK; banks being handed funds to cover their losses, with seemingly nothing in return. I haven't heard of one bank chairman losing his job over any of this, while they've been losing billions through reckless trading. At least in Japan, they have the decency to top themselves!

 

[copper]

Anyone know more update about this?

 

[replic8te]

Great read, thanks

 

[gawnd]

No worries, Helicopter Ben will keep printing more money, artificially reinflate asset prices and make the trillions of dollars we owe China so worthless they won't even be able to buy a bowl of noodles with it. Everything's going just as planned. :help:

 

[draggar]

The news you DON'T hear in the US. I love the internet.

 

[tas38]

IMF wants to cover it's own bu$$ I'm sure, and get ready just in case the USA markets all crash and burn. My guess is that this is a single from the IMF, to the world markets that they will hold up even the USA if needed. And that they are looking into USA markets, to insure everything is above board. Go on as biz as normal, we got everything covered and it's biz as normal.

 

[PRED]

Thanks for link.

Here's a another:
http://business.theage.com.au/business/australia-hit-as-crisis-grows-20080916-4hy6.html

AIG next???????