Fed clears China's first US bank takeover
Posted:
Thu May 10, 2012 2:02 amby Z00
A foot in the door? I don't like it!
The Fed said Wednesday that the ICBC proposed acquisition, which is "relatively small," would not have much of an impact on the banking market.
I STILL don't like it.
http://ca.news.yahoo.com/3-big-chinese- ... 00086.html
Re: Fed clears China's first US bank takeover
Posted:
Thu May 10, 2012 5:44 amby BlackOut
Just what this country needs.
Re: Fed clears China's first US bank takeover
Posted:
Thu May 10, 2012 5:22 pmby sparechange
China probably sees more US gov't tax dollar giveaways to the banks again so they want in line.
Re: Fed clears China's first US bank takeover
Posted:
Thu May 10, 2012 6:28 pmby fb101
I think it's time to start learning mandarin.
We need to stop selling our country to the rest of the world.
Switch to the ADR system like everyone else.