Random Clips, Keywords Paulson , Lehman Patryn

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clipped from globaleconomicanalysis.blogspot.com

Reporter Keith Taylor captured the following stunning image of Paulson answering questions from China, Japan, German, Australia, New Zealand, Canada, Great Britain, India, France, Sweden, Russia, and Iceland about the soundness of the US banking system.

Unfortunately I do not have an audio transcript, but Keith Taylor assures me that Paulson answered every call the same way: "Don't Worry, The Banking System Is Sound".

clipped from news.google.com.au

A bankruptcy judge late Wednesday approved Barclays' $1.7 billion purchase of certain Lehman Brothers Holdings Inc. assets. (AP)

“These (Omani) banks have no transactions with or relations to Lehman Brothers, so there is no risk.” Lehman Brothers has filed for bankruptcy,

The Kuwait Banking Association said local lenders were not affected by a global turndown of stock markets after US bank Lehman Brothers filed for bankruptcy

clipped from www.news.com.au

"Pushing false rumours designed to harm a company, such as by forcing a share price down, is illegal," said ASIC.

clipped from www.theaustralian.news.com.au

significant write-downs from indirect exposures to Lehman Brothers, on top of any charges arising from the Big Four banks' combined direct exposure to the failed US investment bank of up to $400 million.

NAB, according to JPMorgan, could "continue to keep its eyes closed tight and pretend this is not a problem".

clipped from news.google.com.au

Councils affected by bank collapse

ORANGE City Council

Lismore City Council

Newcastle council

Parkes Shire council

ratepayers could lose millions

patryn top 4 results

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