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en quickly when confidence in the world financial markets falters. • The near failure of Fannie Mae and Freddie Mac, followed by the bankruptcy of Lehman Brothers and the intervention in MG, obliged most governments around the world to support bank deposits and money funds. Markets reacted with a devastating
and Chairman of the Economic Development Board for hosting this event. Thank you also to His Excellency, Rasheed bin Mohammed Al-Maraj, Governor of the Central Bank of Bahrain, Mr. Mayank Malik, Chairman of the Bahraini Association of Banks and Mr. Robert Ainey, its CEO, for inviting me to be here with you this evening.
eonfftlenee4n-the-werld-finatieitektinrkets-fiitters; • —The near failure of our Fannie Mae and Freddie Mac. followed by the strain, bankruptcy of Lehman Brothers and the required intervention in MG, obliged mest-magovernments around the world to support their own bank deposits and money funds. Markets reac
and Chairman of the Economic Development Board for hosting this event. Thank you also to His Excellency, Rasheed bin Mohammed Al-Maraj, Governor of the Central Bank of Bahrain, Mr. Mayank Malik, Chairman of the Bahraini Association of Banks and Mr. Robert Ainey, its CEO, for inviting me to be here with you this evening.
n-eenfitlenee-in4he-werld-finaneial-ntathets-falteFs: • The near failure of our Fannie Mae and Freddie Mac, followed by theikosi gdn bankruptcy of Lehman Brothers and the required intervention in AIG, obliged Fuest-rraig r overnments around the world to support their own bank deposits and money funds. Marke
and Chairman of the Economic Development Board for hosting this event. Thank you also to His Excellency, Rasheed bin Mohammed Al-Maraj, Governor of the Central Bank of Bahrain, Mr. Mayank Malik, Chairman of the Bahraini Association of Banks and Mr. Robert Ainey, its CEO, for inviting me to be here with you this evening.
Entities connected to both Lehman Brothers and the Central Bank of Bahrain
Glendower
LOCATION
United Kingdom
LOCATION
Credit Suisse
ORGANIZATION
North America
LOCATION
Barack Obama
PERSONLehman
ORGANIZATION
U.S. Treasury
ORGANIZATION
Freddie Mac
ORGANIZATION
Federal Reserve
ORGANIZATION
JPMorgan Chase
ORGANIZATION
Lawrence Krauss
PERSON
Bloomberg L.P.
ORGANIZATION
Fidelity
ORGANIZATION
Financial Services
ORGANIZATIONMayank Malik
PERSONRobert Ainey
PERSONthe Economic Development Board
ORGANIZATIONAMBAC
ORGANIZATIONRasheed bin Mohammed Al-Maraj
PERSON
United Arab Emirates
LOCATION