About - Thursday 09 Sep, 2010
Banks, battles, and the psychology of overconfidence
The pace of economic decline appears to have slowed, but the labor market remains weak and, in response, the Federal Reserve is likely to maintain interest rates at "exceptionally low levels for extended periods,"
By Malcolm Gladwell in The New Yorker
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People - Friday, 17 July 2009
Yi Gang, a former deputy governor of the People's Bank of China, or the central bank, was appointed as the new head of the State Administration of Foreign Exchanges(SAFE), according to a statement on the SAFE's website Friday. Hu Xiaolian, SAFE's former head became a deputy governor of the central bank, said the bank's website.(...)
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