SIV’s are blamed by many as the cause of the current economic crisis. With companies placing undesirable assets off their balance sheets they could report profits and other good news whilst hiding the truth. Thus today i was shocked to hear that SIV’s have once again reared their ugly head in the most unusual of [...]
Entries Tagged as 'ugly head'
SIV's rear their ugly head agin in the most unexpected of places
November 10th, 2008 No Comments
Tags: bank/ · Federal Reserve System · Ford · GMAC · Jonathan Rose · oil · ugly head · United States · USD
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