(Reuters) – China can now bypass Wall Street when buying U.S. government debt and go straight to the U.S. Treasury, in what is the Treasury’s first-ever direct relationship with a foreign government, according to documents viewed by Reuters. The relationship means the People’s Bank of China buys U.S. debt using a different method than any…
Tag Archive for U S Treasury Department
Bears Chat, Best of the Forums
GM’s Pension Shortfall could be Bigger than its market cap
by Bears Chat at The Wall Street Examiner • • 0 Comments
General Motors is expecting a $35 billion pension shortfall that could delay share buyback or payments to shareholders, according to Bloomberg. The shortfall trumps the automaker’s market cap which fell to $33.1 billion last month.
GM which emerged …
Bears Chat, Best of the Forums
Treasury offers warrants to buy Citigroup stock
by a Wall Street Examiner • • 0 Comments
Treasury offers warrants to buy Citigroup stock
Monday January 24, 2011, 8:59 am EST
WASHINGTON (Reuters) – The U.S. Treasury Department announced on Monday that will offer two groups of warrants to buy stock in Citigroup Inc. that it obtained as par…
