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Tag Archives: obama market rally

Fed Govt to Net $8Bn Profit on Citibank Bailout

Fed Govt to Net $8Bn Profit on Citibank Bailout

Obama is beginning to look like a financial guru with investment performance that puts even the brightest Wall Streeters to shame. The Administration is presently making final preparations to sell its stake in the New York bank, according to one of my reliable industry sources. At Friday’s closing price for Citibank, the sale would net over $8 billion – by far the largest profit returned from any firm that accepted bailout funds

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Global Markets: 2009 Year In Review

Global Markets: 2009 Year In Review

A Year-end Round-up of major events and happenings in the Global Markets, Global Economy & International Trade arena, naming the Global Markets & Foreign Policy blog’s Person-of-the-Year, and our outlook for 2010.

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Obama Takes Reform Fight to Wall Street

Obama Takes Reform Fight to Wall Street

Mon, 14 Sept – President Obama reinvigorated his administration’s effort to reform the financial regulatory system by taking his bare knuckled message directly to Wall Street. Speaking at Federal Hall and using the one year anniversary of the Wall St. collapse the president reminded prominent financial industry executives of their role and risk-taking behavior that led to a global economic melt-down.

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Foreign Policy Blogs is a network of global affairs blogs and a supplement to the Foreign Policy Association’s Great Decisions program. Staffed by professional contributors from the worlds of journalism, academia, business, non-profits and think tanks, the FPB network tracks global developments on Great Decisions 2014 topics, daily. The FPB network is a production of the Foreign Policy Association.