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View Full Version : UK launches second bank rescue plan (Reuters)


Yahoo! Finance
01-19-2009, 11:30 AM
<b>Yahoo! Finance: Mutual Fund News</b>

Britain threw its troubled banks another multi-billion dollar lifeline on Monday by allowing them to insure against steep losses and guaranteeing their debt to stop the credit crunch pushing the economy into a deep slump.

complete story here... (http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/rb/090119/business_us_financial.html?.v=20)