Free Republic 4th Qtr 2025 Fundraising Target: $81,000 Receipts & Pledges to-date: $49,064
60%  
Woo hoo!! And now only $346 to reach 61%!! Thank you all very much!! God bless.

Keyword: marketturmoil

Brevity: Headers | « Text »
  • HSBC avoided US money laundering charges because of 'market risk' fears

    07/12/2016 5:46:32 AM PDT · by RummyChick · 25 replies
    bbc ^ | 7/12 | bbc
    US officials refused to prosecute HSBC for money laundering in 2012 because of concerns within the Department of Justice that it would cause a "global financial disaster", a report says. A US Congressional report revealed UK officials, including Chancellor George Osborne, added to pressure by warning the US it could lead to market turmoil. The report alleges the UK "hampered" the probe and "influenced" the outcome. HSBC was accused of letting drug cartels use US banks to launder funds.
  • French consumer confidence plunges (lowest since '87)

    01/29/2008 6:22:53 AM PST · by TigerLikesRooster · 5 replies · 84+ views
    FT ^ | 01/29/08 | Ben Hall
    French consumer confidence plunges By Ben Hall in Paris Published: January 29 2008 11:48 | Last updated: January 29 2008 11:48 French consumer confidence plunged to a record low in January according to officials figures published on Tuesday, reflecting deepening concern about financial market turmoil and rising prices. The study by INSEE, the French statistical agency, found that household confidence dropped to its lowest level since 1987, when the series began. The figures reveal the growing anxiety of French consumers, with record pessimism about future living standards and a growing reluctance to buy. Mathieu Kaiser, economist at BNP Paribas, said...