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I will say to such, get rich in gold and silver, in houses and lands, in goods and chattels, in flocks and herds, until you possess all you can possibly gain; but let me caution you not to get one cent, unless you get it honestly. And when you have amassed your millions, never allow yourselves to possess one dollar with the belief that you are capable of disposing of it judiciously without wisdom from our God. In all things inquire of the Lord, that you may wisely direct your earthly substance, as well as the energies of your minds, to the building up of His kingdom and the consummation of His purposes pertaining to this world and our salvation.

(Brigham Young J.D. 8:9)

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China Stops Lending Funds to U.S. PDF Print E-mail
Thursday, 25 September 2008 08:18
BEIJING, Sept 25 (Reuters) - Chinese regulators have told domestic banks to stop interbank lending to U.S. financial institutions to prevent possible losses during the financial crisis, the South China Morning Post reported on Thursday.
 
The Hong Kong newspaper cited unidentified industry sources as saying the instruction from the China Banking Regulatory Commission (CBRC) applied to interbank lending of all currencies to U.S. banks but not to banks from other countries.
 
"The decree appears to be Beijing's first attempt to erect defences against the deepening U.S. financial meltdown after the mainland's major lenders reported billions of U.S. dollars in exposure to the credit crisis," the SCMP said.

A spokesman for the CBRC had no immediate comment. (Reporting by Alan Wheatley and Langi Chiang; editing by Ken Wills)

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