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Cash is King
The US dollars and euros accumulated by the likes or Russia, China, Venezuela, South Korea, Vietnam, and Nigeria were invested in bonds issued by Western governments and institutions.
No Foreign Banks - A Curse or a Blessing?
Erste Bank's report is very clear about it: the existence of foreign banks in Bulgaria, Romania, Russia and Ukraine is precisely why the meltdown of the global credit markets has wreaked collateral damage on the banking sectors in these countries.
Dangerous Liaisons: Online Banking
Go through the list below to see how secure is your bank's online presence.
The Savings and Loans Associations Bailout
The savings and loans association, or the thrift, was a strange banking hybrid, very much akin to the building society in Britain.
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