nationalization

Commentary

True Bank Nationalization Is Coming; Citi and BofA Probably First Up; Nationalization Means Salvation For The Real Estate Market!

by Charles Feldman | February 20, 2009

Let’s talk bank nationalization, folks. Why? because I think there is a pretty good chance it is coming soon–especially when talking about Citi and Bank of America–and, more important, THAT might have the biggest impact yet on solving (or helping to solve) the ever growing mortgage crisis that is still feeding the global credit meltdown. [...]

5 comments Read the full article →
Commentary

Governments Around the World Explore ‘Creeping Nationalization’

by Joshua Dorkin | January 19, 2009

What is happening to free-markets? What is happening to private industry? Will every industry be nationalized? After Britain announced a second bank bailout today thanks to RBS (Royal Bank of Scotland) among other things; “RBS said its losses for the full year could be as much as 28 billion pounds ($41.3 billion), which would be [...]

0 comments Read the full article →
Copyright © 2004-2012 BiggerPockets, Inc. All Rights Reserved.
BiggerPockets® is a registered trademark of BiggerPockets, Inc.