photo by Bruno. C.
Quote for the day:
In memory everything seems to happen to music.
- Tennessee Williams, The Glass Menagerie
In the news:
The TED spread, the difference between the U.S. treasuries and the rate banks pay to borrow in dollars for three months(LIBOR), dropped to 0.777%, the lowest since August 2007. The TED Spread reached 2.03% in March 2008. The reduced spread signals that the global credit crunch may be easing.
American International Group (AIG), the world's largest insurer by assets, will raise a total of $20 billion, 60% more than it originally said it needed. AIG said its capital cushion became "too low for comfort" after recording a $7.81 billion first-quarter loss.
Sphere: Related Content
Quote for the day:
In memory everything seems to happen to music.
- Tennessee Williams, The Glass Menagerie
In the news:
The TED spread, the difference between the U.S. treasuries and the rate banks pay to borrow in dollars for three months(LIBOR), dropped to 0.777%, the lowest since August 2007. The TED Spread reached 2.03% in March 2008. The reduced spread signals that the global credit crunch may be easing.
American International Group (AIG), the world's largest insurer by assets, will raise a total of $20 billion, 60% more than it originally said it needed. AIG said its capital cushion became "too low for comfort" after recording a $7.81 billion first-quarter loss.
No comments:
Post a Comment