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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated -- Ignore unavailable to you. Want to Upgrade?

To: Giordano Bruno who wrote (28711)	7/12/2011 8:48:21 AM
From: ggersh	Read Replies (2) \| Respond to of 119362

When you get the headlines everything is possible. Yep it's still there! Failure From Wikipedia, the free encyclopedia Failure refers to the state or condition of not meeting a desirable or intended objective, and may be viewed as the opposite of success. Product failure ranges from failure to sell the product to fracture of the product, in the worst cases leading to personal injury, the province of forensic engineering. Subject: DJ: EU Governments Commit To Backstop Banks That Fail JULY 12, 2011, 7:54 A.M. ET EU Governments Commit To Backstop Banks That Fail Stress (Dow Jones)--European Union governments committed at a meeting Tuesday to backstop banks that fail stress tests."The Council confirmed that necessary remedial actions following results of the tests will be taken," said a statement following the meeting of the economic bloc's 27 finance ministers.Still, private-creditor involvement is preferred."These measures privilege private-sector solutions but also include a solid framework for the provision of government support in case of need, in line with state-aid rules," said the statement.The measures come ahead the publication of the stress-test results, expected this week.-By Riva Froymovich and Matthew Dalton, Dow Jones Newswires; riva.froymovich@dowjones.com