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| Hedge Fund Directories |
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Alan Greenspan, former Federal Reserve chairman, said on Thursday the credit crisis had exceeded anything he had imagined and admitted he was wrong to think that banks would protect themselves from financial market chaos.
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The Federal Reserve Board on Tuesday announced the creation of the Money Market Investor Funding Facility (MMIFF), which will support a private-sector initiative designed to provide liquidity to U.S. money market investors.
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The Dutch government will buy a new class of securities that count towards INGâ??s core Tier 1 capital but have no voting rights and are not dilutive for ordinary shareholders, ING said on Sunday.
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US investors pulled a record $65bn out of mutual funds in the week to last Friday, amid mounting losses from falling stock markets.
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