PDA

View Full Version : Exclusive: A plea for help - How China asked the Fed for its stock crash play book



NewsFeeder
03-21-2016, 12:26 AM
Exclusive: A plea for help - How China asked the Fed for its stock crash play book

[Reuters] - Confronted with a plunge in its stock markets last year, China's central bank swiftly reached out to the U.S. Federal Reserve, asking it to share its play book for dealing with Wall Street's "Black Monday" crash of 1987. It is not known whether the PBOC had contacted the Fed to deal with previous incidents of market turmoil.

Exclusive: A plea for help - How China asked the Fed for its stock crash play book - Yahoo Finance (http://us.rd.yahoo.com/finance/news/rss/story/*http://finance.yahoo.com/news/exclusive-plea-help-china-asked-050358411.html)