Central Banks Issue Warning; Citi Enters Iraq; Banks Support Bail-in

Receiving Wide Coverage ...

Central Banks Warn Private Sector to Act: The world's central banks have done their job; now it's time for political leaders to do theirs. That's the message delivered by the Bank for International Settlements, colloquially known as the central bankers' bank, in the wake of Federal Reserve Chairman Ben Bernanke's comments that the Fed may slow its bond-buying program later this year. "Cheap and plentiful central bank money had merely bought time,"...