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Politics : Sioux Nation -- Ignore unavailable to you. Want to Upgrade?


To: koan who wrote (164211)3/25/2009 2:09:14 AM
From: Wharf Rat  Read Replies (3) | Respond to of 362340
 
Geitner's not dealing with economic problems; he's dealing with financial ones. From the Wik,

Economics is the social science that studies the production, distribution, and consumption of goods and services.

The field of finance refers to the concepts of time, money and risk and how they are interrelated. Banks are the main facilitators of funding through the provision of credit, although private equity, mutual funds, hedge funds, and other organizations have become important. Financial assets, known as investments, are financially managed with careful attention to financial risk management to control financial risk. Financial instruments allow many forms of securitized assets to be traded on securities exchanges such as stock exchanges, including debt such as bonds as well as equity in publicly-traded corporations.