Hồ sơ cá nhân: Vikian - Cộng Đồng Phụ Nữ Việt Nam | Webtretho

Thông báo

Đánh dấu đã đọc

Đăng nhập

Kinh nghiệm để nghe tốt, nói tốt.

Chào Mr Ice_Tea,
Mình xin phép được tham gia chủ đề với bạn cho vui :)
The Growing Credit Crisis Forces Many Companies to Seek Government Help
This week, we continue our look back at the major economic stories of the year. On September fifteenth, Lehman Brothers, a one hundred fifty-eight year-old ………investment………. bank, sought legal ………protection………. from its creditors. It had failed to find a buyer after months of ………searching………..
With over six hundred billion dollars in debt, Lehman's ………failure………. was the largest bankruptcy in United States history. At the same time, the nation's biggest ………insurance………. company, American International Group, had gotten into ………trouble………. selling credit default swaps. These are contracts similar to insurance that protect the holder against credit ………risk………..
Credit rating agencies downgraded A.I.G. because of ………concerns………. it could not honor its contracts. Unable to get new loans, A.I.G. asked for government help. The Federal Reserve agreed to ………loan………. A.I.G. eighty-five billion dollars in return for eighty percent of the company. But it was not enough. By November, the government had ………extended……….a total of about one hundred fifty billion dollars in aid to A.I.G — the most to any single company during the crisis.
As banks ………refused……….to lend, Treasury Secretary Henry Paulson proposed a plan to loosen credit markets by buying risky assets. Congress ………approved………. the Emergency Economic Stabilization Act of Two Thousand Eight on October third. The bill provided seven hundred billion dollars to buy hard-to-value ………securities………. from banks.
But within weeks, the government ………changed………. plans. The Treasury moved to invest two hundred fifty billion dollars directly in banks to help them lend money again. ………Lack………. of credit not only hurt banks but manufacturers, too. Falling car sales ………threatened………. America's carmakers. The big three automakers -- General Motors, Ford and Chrysler -- told Congress that they needed loans or they ………face………. bankruptcy. In December, President Bush offered G.M. and Chrysler over seventeen billion dollars in loans.
As the year ………ended………., the Federal Reserve tried to support economic growth by lowering its main interest rate to nearly zero for the first time. But there was one more bad ………surprise……….. New York money manager Bernard Madoff admitted he had cheated investors out of fifty billion dollars. The news only added to the ………sense………. that two thousand eight was the worst economic year since the nineteen thirties.
Chúc bạn và mọi người một :LoveStruc:Giáng sinh vui vẻ :X

11:20 SA 24/12/2009

v

Vikian

Bắt chuyện

602Điểm·0Bài viết

Báo cáo