Govt. Rescue Calms U.K. Market

N. C.
October 2008
Asset Securitization Report;10/20/2008, Vol. 8 Issue 40, p28
The article focuses on the positive impact of the bank rescue plan by the government in Great Britain in October 2008. The plan has centered on guaranteeing liabilities and recapitalizing the equity of capital-deficient banks. The measures made the new Tier 1 capital available to banks and building societies. Related issues are further discussed.


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