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Anglo American rejects BHP’s £31.1bn takeover proposal – business live
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Rolling coverage of the latest economic and financial news
- BHP’s takeover bid for Anglo American is clever but far too low
Some of Anglo American’s...
21 minutes ago
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Well, actually credit expanded more rapidly than the 4.2 percent rate in 2010 in every single year that Greenspan chaired the Fed. In fact, it expanded more rapidly in every year in this series (going back to 1976) and probably every year since the Great Depression. In other words, for Alan Greenspan night is day, up is down, he is looking at an extraordinarily slow pace of credit expansion and telling reporters that is the fastest on record...