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Chancellor Alistair Darling on brink of second bailout for banks
Alistair Darling has been forced to consider a second bailout for banks as the lending drought worsens. The Chancellor will decide within weeks whether to pump billions more into the economy as evidence mounts that the 37 billion part-nationalisation last year has failed to keep credit ...
 Chancellor set to print more cash as interest rates hit record low
Chancellor set to print more cash as interest rates hit record low
timesonline.co.uk — Alistair Darling is considering printing more money in an attempt to ease the credit crunch. As interest... rates appear certain to fall to an historic low today, the Chancellor and Mervyn King, the Governor of the Bank of England, are looking at ... (more) Chancellor set to print more cash as interest rates hit ...
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UK: Another Round of Bailouts for Banks?
Calculated Risk — From The Times: Chancellor Alistair Darling on brink of second bailout for banks Alistair Darling has been forced to consider a second bailout for banks as the lending drought worsens. The Chancellor will decide within weeks whether to pump billions more into the economy as evidence mounts that the £37 billion part-nationalisation last year has failed to keep credit flowing. Options include cash injections, offering banks cheaper state guarantees to raise money privately or buying up “toxic assets”, The Times has learnt. ... Under one option, a “bad ...

Up, Down or Sideways?
Howard Lindzon — ... 2. The best growth companies from the last bull market - Apple and Google - which other than stock price appear to have strong brands, balance sheets and business models, are still down more than 50 percent from their all-time highs. Yes, Steve Job’s is likely sick and yes it is material, but how can you not own this stock if you are even remotely bullish (I own both). 3. The global governments have no clue what to do with the banking system and failure is around every corner . 4. The boo birds are all over Venture Capital . ...

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guardian.co.uk 10/20/2008 — Chancellor of the Exchequer Alistair Darling leaving the House of Commons Chancellor of the Exchequer Alistair Darling leaving the House of Commons. Photograph: Peter Macdiarmid/Getty images