Governments in America and Europe do everything they can to rescue the banking system. The weaknesses of banks in America and Europe has now become very clear.
Therefore, to support the banks the government took actions, such as providing them with liquidities, removing the toxic assets from banks’ balance-sheets, buying and/or splitting them up.Although government intervention is necessary, the risk for shareholders to loose their money is very high.
Therefore, to support the banks the government took actions, such as providing them with liquidities, removing the toxic assets from banks’ balance-sheets, buying and/or splitting them up.Although government intervention is necessary, the risk for shareholders to loose their money is very high.
Lien Van Den Bossche
1 opmerking:
Governments in America and Europe do everything they can to rescue the banking system. The weaknesses of banks in America and Europe has [have !!] now become very clear.
Therefore, to support the banks the [which one?] government took actions, such as providing them with liquidities, removing the toxic assets from banks’ balance-sheets, buying and/or splitting them up.Although government intervention is necessary, the risk for shareholders to loose [lose !!] their money is very high.
Topic sentence OK.
Een reactie posten