The right move by the government? Gordon Brown and Alastair Darling recently announced the much anticipated “financial stability programme“. In summary the plan aims to: 1) Provide sufficient liquidity in the short term; 2) Make new capital available to UK banks and building societies permitting them to restructure their finances. 3) Ensure that the banking system [...]
Posts Tagged ‘HBOS’
The credit crunch
Posted in General News, tagged Abbey, Alastair Darling, Bailout, Gordon Brown, HBOS, HSBC, LloydsTSB, Nationwide, RBS, Standard Chartered, Wall Street on October 14, 2008 | 1 Comment »
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