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ECONOMEX 2009

Mexico: comments and analysis on what's affecting the country's economy and politics

Monday, February 23, 2009

More on the "N" word...

Alan Greenspan, former chairman of the Federal Reserve: “It may be necessary to temporarily nationalize some banks in order to facilitate a swift and orderly restructuring.”
Posted by Deborah Riner at 9:27 AM

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      • What's been spent so far
      • Mexico's balance of payments for 2008
      • Bad and getting worse...
      • More on the "N" word...
      • The "N" word...
      • Banco de Mexico cuts Mexico's reference rate
      • The US$787 billion stimulus package
      • Banks fail, if not all the time, with some regularity
      • What Adam Smith had to say...
      • From the head of the IMF...
      • Oops
      • What's that asset worth? (continued)
      • What are those assets worth?
      • Values in the financial sector
      • How low can they go?
      • What is that asset worth?
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