90 at 9: QV says house prices are stabilising; Tax Working Group; US stress tests
11th May 09, 8:28am
by
Bernard Hickey details the key news over the weekend in 90 seconds at 9am, including Quoteable Value saying house prices have stabilised and the government setting up a Tax Working Group. The US bank stress test results came back late on Friday showing the banks needed to raise US$75 billion in fresh capital, but it would have been much worse before the banks told the Treasury to change the results.
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