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Central Banks

What to look for in Tarp II

Tim Geithner, the US Secretary of the Treasury, has delayed unveiling the plans for the next steps in administration's financial bailout programme until Tuesday. Here is a summary of the new steps that could be announced tomorrow.

Goodyear in after bad year at Temasek

Chip Goodyear, a former chief executive at BHP Billiton, a mining company, is to replace Ho Ching, the wife of Singapore's prime minister, as chief executive of Temasek, the city state's sovereign wealth fund.

Tarp assets too dear

The head of a watchdog charged with overseeing the use of funds allocated to the Troubled Asset Relief Program (Tarp) said on Thursday that the Treasury was overpaying for its investments in banks.

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