Wednesday, Sep 17, 2008
Lehman' collapse save UK banks (for now)!!
Reuters: BoE extends liquidity scheme as turmoil intensifies
The Bank of England will allow banks an extra three months to swap hard-to-trade assets for government paper because of the continuing turmoil in financial markets, extending a scheme that was set to close next month.
How ironic!
Posted by peter_2008 @ 06:28 PM (105 views) Add Comment
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
No comments have been submitted.
Be the first person to add your comment by completing the form below.