They bailed out credits and aig, mostly foreign banks. Had a lot of programs to provide funds to banks. You had a trouble asset relief program. The Federal Reserve was involved in doing that in the sense that bernanke was setting at the table when they were twisting banks arms to take funds. Quantitative easing, thats part of the response to the financial crisis. What i want to do is start off with the beginning in a way so we remember how this happened. Lets leave aside the low Interest Rate stuff, maybe thats correct, maybe its not correct. Thats counter factual. We can be sure of one thing. That the financial crises revolved around housing. It actually also revolved around securities. Specific securities actually. What are called collateralized debt. This figure is prices of the security from the beginning of 2006 through 2012. What it shows is, these are rated theres four graphs. Thats just to provide some idea that a variety. I dont want to go into details of the graph. But the fa
The Colgate Fund, through their fourth annual Winter Challenge, fundraised a total of $4,577,994 or 176 percent of their original goal from 4,079 alumni and parent donors, according to the donation website. The Colgate Fund, which stood at $8.78 million at the end of the 2023 fiscal year, provides immediate-use support for Colgate.
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