Past performance is not a guarantee of future performance. I remember a time when Fannie Mae (FNM) was a failed financial company, viewed no better than a savings and loan during the lending crises of the 1980s. The FDIC and Congress worked through the savings and loan debacle, while a restructured Fannie Mae provided much-need capital and liquidity for the financial lending system. Those shareholders who were patient with this stock saw it move from a low of $2 in December of 1987 to a high...
UK Treasury reappoints Kate Barker to BoE’s MPC for further 3-year term
April 30, 2007 on 10:43 pm | In Currency |
LONDON (Thomson Financial) - The UK Treasury has appointed Kate Barker to the Bank of England’s Monetary Policy Committee for a further three-year term, it said today.
Barker’s term with the BoE’s rate-setting committee started on June 1, 2001 and is due to expire on May 31 this year.
“I am delighted that Kate Barker has agreed to serve a further term on the Monetary Policy Committee,” said Chancellor of the Exchequer Gordon Brown.
“Kate has brought valuable expertise to the MPC over the past six years, and continues to be a great asset to the Committee,” Brown said.
carlo.piovano@thomson.com
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Refineries join EPA for cleaner industry »WASHINGTON, March 2 (UPI) — Oil and gas refining companies will work with the U.S. Environmental Protection Agency to improve the environmental impact of manufacturers. The EPA said the energy exploration and refining industry has become the 13th industry to join its voluntary sector strategies program. The primary contacts from the industry will be the American Petroleum Institute, the Domestic Petroleum Council and the Independent Petroleum Association of America. There are more than...