Category Archives: ALBKY

Chart of the Day: Alpha Bank

According to Yahoo!Finance, “Alpha Bank A.E., together with its subsidiaries, provides various banking and financial products and services to individuals, professionals, and companies in Greece and internationally.”

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The Study of Failure

“Asked his philosophy on government subsidies and bailouts , Regan said, 'I'm a free, competitive man myself -- a capitalist by nature ... If we're going to have failures I think that's just part of capitalism.'
While that is his general philosophy, he said, it does not necessarily apply to the ailing Chrysler Corp., which already has received $800 million in government loan guarantees and is applying for $400 million more. Regan will become head of the government board in charge of these guarantees ("New Treasury chief: 'just trust American businessmen'." UPI Archive: Washington News, 6 Jan. 1981. Infotrac Newsstand. Accessed 23 Jan. 2019.).”