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Goldman shines as crisis erodes other bank results

June 9, 2018
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Investment banks and market watchers are hoping for better timesafter the world’s biggest investment banks reported damaged butbetter than expected profits. (The Age — 22 September, 2007)
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Bank of England boss Mervyn King faces MPs on Thursday, amid criticism of his handling of the credit crisis. (BBC News — 20 September, 2007)
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Gordon Brown praises Bank of England Governor Mervyn King’s handling of the Northern Rock crisis. (BBC News — 6 hours ago)
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Britain’s treasury chief says he wants new, American-style guarantees to protect savers’ money after the Bank of England’s effort to bail out Northern Rock — one of Britain’s biggest mortgage lenders — sparked panic among depositors. (CNN — 23 September, 2007)
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LONDON: The Bank of England has doubled the amount of emergencyloan money available to commercial banks caught short in the globalcredit squeeze, curbing a surge in overnight borrowing costs butfuelling criticism that the central bank’s governor is reversinghis own policy against rescues. (Sydney Morning Herald — 20 September, 2007)
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