Create an Account
username: password:
 
  MemeStreams Logo

Berkshire, in Blow to Banks, Reins In Its Deposit Insurer - WSJ.com

search

Mike the Usurper
Picture of Mike the Usurper
My Blog
My Profile
My Audience
My Sources
Send Me a Message

sponsored links

Mike the Usurper's topics
Arts
  Literature
  Movies
Business
Games
Health and Wellness
Home and Garden
Miscellaneous
  Humor
Current Events
  War on Terrorism
  Elections
Recreation
Local Information
Science
Society
  Education
  International Relations
  Politics and Law
   Intellectual Property
  Media
Sports
Technology

support us

Get MemeStreams Stuff!


 
Berkshire, in Blow to Banks, Reins In Its Deposit Insurer - WSJ.com
Topic: Business 4:18 pm EDT, Sep 10, 2008

Warren Buffett's Berkshire Hathaway Inc. has told one of its subsidiaries to stop insuring bank deposits above the amount guaranteed by the federal government, dealing a fresh blow to the financial-services industry as it tries to assuage anxious customers.

If you needed an OMG! moment, there it is. Katie bar the door.

Berkshire, in Blow to Banks, Reins In Its Deposit Insurer - WSJ.com



 
 
Powered By Industrial Memetics
RSS2.0