double-skinned crabs double-skinned crabs double-skinned crabs double-skinned crabs double-skinned crabs double-skinned crabs double-skinned crabs double-skinned crabs double-skinned crabs double-skinned crabs double-skinned crabs double-skinned crabs vietnamese seafood double-skinned crabs mud crab exporter double-skinned crabs double-skinned crabs crabs crab exporter soft shell crab crab meat crab roe mud crab sea crab vietnamese crabs seafood food vietnamese sea food double-skinned crab double-skinned crab soft-shell crabs meat crabs roe crabs

Breaking News

Russia launched intercontinental ballistic missile during attack on Ukraine, Kyiv says
Business

BERNANKE SPURNS TALK OF BANK NATIONALIZATION

By
Associated Press
Published Feb. 25, 2009, 5:07 p.m. ET

— Federal Reserve Chairman Ben Bernanke is again spurning speculation that the government may nationalize Citigroup or other big banks.

When asked about Citigroup by the House Financial Services Committee, Bernanke said nationalization “is when the government seizes the bank and zeros out its shareholders … we don’t plan anything like that.”

But Bernanke says it is possible the government could end up with a much bigger ownership stake in Citigroup or other banks.

In the case of Citigroup, Bernanke said “we’ll see how their test works out and what evolves.” He was referring to new “stress tests” that regulators will start conducting on the biggest banks to judge whether they can hold up if the recession were to worsen.