TITLE

UK government bank bail-out: damned if they do, damned if they don't

PUB. DATE
March 2009
SOURCE
MarketWatch: Global Round-up;Mar2009, Vol. 8 Issue 3, p156
SOURCE TYPE
Market Research Report
DOC. TYPE
Article
ABSTRACT
The article reports on the second bail-out plan of the British government for the banking industry. The plan allows the banks to convert the government's preferred stocks into ordinary stocks with 12 percent premium. It expresses that the plan is better than the government's first bail-out program and will likely achieve its objectives.
ACCESSION #
36888457

 

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