Tag Archives: 1990s

Aozora Posts 242.6 Billion Yen Loss on GMAC, Hedge Fund Losses

Bloomberg – Aozora Bank Ltd., the Japanese lender controlled by Cerberus Capital Management LP, posted its first loss in a decade, after investments in U.S. lender GMAC LLC and Bernard Madoff soured. The bank booked a 242.6 billion yen ($2.5 […]

Speech by the President of the European Parliament at the meeting of the European Council

eGov monitor – The international financial crisis has left the world as a whole facing exceptional challenges. The breakthrough in the efforts to bring about closer international cooperation and a reform of international financial institutions achieved at the G-20 meeting […]