Thursday, October 09, 2008

Financial Times: UK banks thrown £400bn lifeline

"Britain’s largest banks were preparing on Wednesday to boost their capital reserves after the government launched a dramatic £400bn rescue plan to restore confidence among financial institutions and avert a severe economic slowdown." That's 400 Billion POUNDS, which equals 689,119,291,320 US dollars!

read more | digg story

No comments:

4-25-2024

Elon Musk insists Tesla isn’t a car company   Trump is unindicted co-conspirator in 2020 Michigan fake electors probe, investigator testifie...