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Posts Tagged ‘finance’

As Banks Repay Bailout Money, U.S. Sees a Profit

Sunday, September 6th, 2009

Nearly a year after the federal rescue of the nation’s biggest banks, taxpayers have begun seeing profits from the hundreds of billions of dollars in aid that many critics thought might never be seen again.

The profits, collected from eight of the biggest banks that have fully repaid their obligations to the government, come to about $4 billion, or the equivalent of about 15 percent annually, according to calculations compiled for The New York Times.

These early returns are by no means a full accounting of the huge financial rescue undertaken by the federal government last year to stabilize teetering banks and other companies.

Read more about this issue in the New York Times

The credit crisis

Saturday, February 21st, 2009

The Credit Crisis explained :

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Thursday, February 5th, 2009

It is  a London-based charity established in 2002, providing microfinance services in Malawi, Zambia and the Philippines. A huge proportion of the donations we receive goes straight to the people who need it most.

They provide small loans (otherwise known as microloans), basic business training and continuing guidance to groups of women in sub-Saharan Africa. This enables them to develop self-sustainable livelihoods, feed, clothe and educate their families, and work their way out of the poverty trap. 

These people need to be able to provide for themselves and their families – not with hand-outs, but with a steady income from a self-sustainable business.

Get more information here

The Wall Street Journal videos on the financial crisis

Friday, January 9th, 2009

Pour les élèves de BTS (mais aussi pour les autres parce que c’est sous-titré !!) quelques vidéos très intéressantes sur les raisons de la crise financière actuelles.

C’est sur le site de Mediapart et à l’origine sur le site du Wall Street Journal.