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Business Day Live: China's $15 Billion Oil Deal

Why China is investing in North American energy companies. | The former special inspector general of TARP critiques bailout policies. | The economic fallout from declining school enrollment.
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BP Deal in Danger of Collapse

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A $7.1 billion deal by BP to sell its majority stake in Pan American energy, an Argentine oil producer, to a company owned by Cnooc of China may be in jeopardy, Bloomberg News reports, citing a person with knowledge of the matter.

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How China Just Implemented A Stealth Bailout Bigger Than One And A Half TARPs

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While the rest of the world is transfixed by the latest pocket change bailout of the Eurozone, China has stealthily conducted an economic rescue bigger than than one and a half TARPs. Dylan Grice's latest note focuses on the key new...

China Becomes Global Lender Of Last Resort With Bailout Of World's Most Indebted Oil Company

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Over the course of last month we variously described the Asian Infrastructure Investment Bank as an attempt by Beijing to deal a decisive blow to the post-World War II global economic order by undermining US-dominated multinational ...

Neil Barofsky Was Sick To His Stomach When He Realized What A Sweet Deal Banks Were Getting With Bailout Money

Business & Finance : Business Insider: Clusterstock

Neil Barofksky, the special Inspector General in charge of TARP oversight, has written a book about his days in D.C. trying to bring the U.S. economy back from the brink. It's called 'Bailout: And Insider Account of How Washington A...

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