Tuesday, October 07, 2008

UK Banking Crisis

BBC News: Reports on the money problems of British Banks and the effect this had on their shares. Lets have simple solution, let the government take over the banks that are in trouble for a limited time, stabilize the market and the banks. The Shareholders would lose out by this action but it would make the market stable. Never thought I would advice that for a Labour Government, but these are drastic times and events require resolute action.

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