Category: World Bank

Big, bad banks: Part 2, too bad to fund?

15 October, 2009 (10:27) | Capital markets, FHA, Global news, Subprime, US News, World Bank | No comments

By: David A. Smith
 
[Continued from yesterday's in Part 1.]
 
In yesterday’s post, we compared the public pronouncements of two enormous governmental lenders whose financial viabiltiya nd liquidity are in question: FHA in the US, from the New York Times (in plain text) and the World Bank, from the UK Telegraph (in indigo palatino).  The World Bank, [...]

Big, bad banks: Part 1, too big to fail?

14 October, 2009 (10:07) | Capital markets, FHA, Global news, Subprime, US News, World Bank | No comments

By: David A. Smith
 
Can a government bank fail? 
 

Something a little less visible than that
 
In the space of a week, that question’s surfaced about two governmental banks – FHA in the US and the World Bank – in stories in the New York Times (which I’ll excerpt in plain text) and UK Telegraph (in indigo [...]