Following up from my post yesterday, this has been talked about since the end of last year – a sale of about a $5 billion stake in Morgan Stanley to a Chinese government sovereign fund. Indeed, China Investment Corporation bought a 9.9% share at the end of last year after Morgan Stanley posted a huge quarterly [...]
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Robert Peston has an interesting piece on the new arrangements hastily being put in place to stave off the collapse in confidence in some very basic financial institutions central to the stability of the USA and UK, and arguable more global systems. The fact that the Bank of England had to overnight loan 40 billion pounds [...] |
Run Sarb Run
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Run on Sun, Jul 25
22.34 km (05:58 min/km)
HR 138 bpm - Burned 1,830 C
Cadence 85 spm