Central banks of Europe, Canada, Japan and US have infused 300 billion dollars into market to address the fall of major banks. The noble acts are not gaining the confidence of the investors. Governments should hear the voice of investors. They should come out with a detailed estimate of the damage and remedies to correct the damage.
As Fed chairman Ben Bernanke told, it is time for the Congress to take a serious look at the issue and act promptly and proactively. Billions and Trillions of investors’ wealth is at stake. Crude prices are retracing the growth trajectory, depreciation of dollar. It is high time for governments to take stern action and gain investor confidence.
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