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View Full Version : Britain announces 2nd banking rescue plan (AP)


Yahoo! Finance
01-19-2009, 02:00 PM
<b>Yahoo! Finance: Mutual Fund News</b>

Britain announced a second rescue plan for the country's ailing banks on Monday, hoping to thaw frozen lending by offering to insure banks against large-scale losses on bad assets they already hold.

complete story here... (http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/ap/090119/eu_britain_bailout.html?.v=31)