#3846318, By bainbrge This is starting to get a little scary

  • bainbrge 7 Oct 2008 20:28:08 1,687 posts
    Seen 1 year ago
    Registered 14 years ago
    Venkman90 wrote:
    mcmonkeyplc wrote:
    Breaking news:

    BBC learns that the government is about to announce a rescue package for the to secure confidence in the banking sector.

    CCN just emailed me, said it will be tommorow AM before the markets open

    50bn capital injection and a mandated 7% core tier 1 capital ratio. Unfortunately its unlikely to solve anything in the credit markets, hopefully the government will mirror what the US are doing with the commercial paper market.

    We really are screwed.
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