Are looking like. Well tell you all you need to know for the day ahead. Banks down under in trouble as well. Some down graded by moodys. Today, as venetians vote to ban the big cruise ships, let us know what you think. Are you a fan of a cruise or is it possibly the worst holiday idea that you could even come across . use bizlive. Hello and welcome to Business Live. 7 . . . Newsub the former Chief Executive and three other ex barclays staff are also ba rclays staff are also facing criminal charges. The charge relate to the emergency funding. At the height of the financial crisis in 2008 this was. It was at the same time that rival banks, rbs and lloyds turned to the government here in the uk for help, but barclays government here in the uk for help, but ba rclays instead government here in the uk for help, but barclays instead opted to seek money from qatar, the gulf state. There are now questions over how the funds were raised and what barclays offered to qatar in return. Lets get the
want to think of finding a partner, someone with a bigger balance sheet, and he famously dismissed those as absurd and complete the unnecessary. wall street is on edge after weekend of talks and rescuing the struggling investment bank. all weekend, top executives of rival banks along with officials met under tight security to discuss plans to buy lehman, whole or in part. lehman is on the ropes. every ceo of virtually all the big banks get a phone call. get down to the federal reserve. pearlson had been lambasted for effectively bailing out bear stearns so he sat all of the ceos in a room and said it s your problem, fix it. loud and clear. when i was
before some of the payments went into the accounts of rival banks. just some of the other stories beyond our borders tonight. we ll be right back. this holiday season, give your family the gift that keeps on. going? our very own energizer bunny! energizer ultimate lithium. [snowball splat and windshield wiper] the #1 longest-lasting aa battery. hi susan! honey? [snowyeah?splat and windshield wiper] i respect that. but that cough looks pretty bad. try this robitussin honey. the real honey you love. plus the powerful cough relief you need. mind if i root through your trash? now get powerful relief with robitussin elderberry. - i m norm. - i m szasz. [norm] and we live in columbia, missouri. we do consulting, but we also write. [szasz] we take care of ourselves constantly; it s important. we walk three to five times a week, a couple miles at a time. - we ve both been taking prevagen for a little more than 11 years now. after about 30 days of taking it,
wall street is bracing for another possible victim of the housing and credit crisis. lehman brothers, one of the largest and oldest brokerage firms in the country has been experiencing what many fear is a slow death because of its rival bear stearns back in april. there had been rumblings that bear went down, lehman would be in severe trouble, and dick fuld, their ceo, had been warned that you may be next. hank paulson, who knew him from his goldman days had sat down with him and said you might want to think of finding a partner, someone to take you over, get someone with a bigger balance sheet. and fuld famously dismissed those as absurd and completely unnecessary. wall street is on edge tonight after a weekend of talks aimed at rescuing the struggling lehman brothers investment bank. all weekend top executives of rival banks, along with federal
wall street is bracing for another victim of the credit crisis. lehman brothers has been experiencing what many fear is a slow death because of demise of the rival bear stearns back in april. there had been rumblings if bear went down, lehman would be in severe trouble. their ceo had been warned that you may be next. hank paulson, who knew him, had sat down with him and said you might want to think of finding a partner. someone to take you over. get someone with a bigger balance sheet. he said it was completely unnecessary. wall street is on edge after a weekend of talks in rescuing the lehman brothers investment bank. all weekend top executives of rival banks along with treasury department officials met under tight security to discuss plans to buy lehman whole or in parts.