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$700 Billion BailoutThe United States House Committee on Financial Services (or House Banking Committee) oversees the entire financial services industry, including the securities, insurance, banking, and housing industries. The House Financial Services Committee also oversees the work of the Federal Reserve, the United States Department of the Treasury, the U.S. Securities and Exchange Commission, and other financial services regulators. It is chaired by Barney Frank (D-MA) and the ranking Republican is Spencer Bachus (R-AL). Source: Wikipedia
More About the US Bailout  FT.com - Companies US & Canada
FT.com - Companies US & CanadaBarclays' nous lifts hopes of US dream 10 Mar 2010 at 4:04pm The bank's retail banking division is drawing up a strategic plan which will focus on how the group could break into the US market via a big acquisition Citi chief is on a mission of transformation 10 Mar 2010 at 4:02pm Shifting focus and reviving belief are key to the bank's plans for change Pandit sees revival of Citi's fortunes 10 Mar 2010 at 4:02pm Vikram Pandit, Citigroup's chief executive, will raise the prospect of the US bank earning as much as $20bn from its core business within a few years, a big increase from current levels that would mark a sharp revival in Citi's fortunes Newsfeed display by CaRP |
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