A Russian ‘TARP’ To Rescue Its Banks

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A Russian ‘TARP’ To Rescue Its Banks

A Russian ‘TARP’ To Rescue Its Banks

Russia’s banks are too big to fail, according to a new measure by the country’s lower house of parliament to inject 1 trillion rubles ($16.5 billion) into the country’s banking sector. The move comes as the country is sliding into recession amid a rapid fall in oil prices this year that’s crippling the country’s petroleum-dependent economy.…

2020 Letter: Maverick Is Set To Take Advantage Of The Great Hedge Fund Unwind [Exclusive]

Short-sellers have been feeling the pain for months, but especially over the last two weeks. In his fourth-quarter letter to investors, Maverick Capital's Lee Ainslie pointed out the unprecedented levels stock prices have reached and why short-sellers have been hurting. Q4 2020 hedge fund letters, conferences and more   High market caps Ainslie noted that Read More


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