Archive | USA Financial Crisis

10 August 2011 ~ 0 Comments

SA Statement on US credit downgrade

  The Minister of Finance Mr Pravin Gordhan, the Governor of the South African Reserve Bank Ms Gill Marcus and members of the Financial Stability Oversight Committee recently held discussions about the possible impact of the USA credit rating down and the on-going sovereign debt concerns in Europe on South Africa’s financial stability.   Their [...]

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28 January 2011 ~ 1 Comment

USA Financial Crisis Inquiry Report

USA Financial Crisis Inquiry Commission Releases Report on the Causes of the Financial Crisis: This Crisis was Avoidable – a Result of Human Actions, Inactions and Misjudgments; Warning Signs Were Ignored   As the World Economic Forum gathers in Davos, Switzerland (26 – 30 January 2011) under the theme Shared Norms for the New Reality [...]

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