Tuesday, Feb 09, 2010
Banks have no money to lend because they are propping up commercial property
BBC R4: File On 4
While Britain's top bankers celebrate their bonuses, Michael Robinson investigates the commercial property market and the nasty surprises that it may hold for the banks and for the long-suffering British taxpayers who bailed them out.
Posted by mken @ 10:08 PM (536 views) Add Comment
4 Comments
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1. little professor said...
Podcast version:
http://www.bbc.co.uk/podcasts/series/fileon4/
2. gone-to-colombia said...
Didn't commercial property lead the house price crash in the US?
3. Crunchy said...
Where's 'Sir' Alan Sugar when things need sweetening up?
AWOL
4. Crunchy said...
http://www.thisismoney.co.uk/news/article.html?in_article_id=410020&in_page_id=2
Nuff said matey!