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Chancellor Alistair Darling on brink of second bailout for banks

Calculated Risk found this 1/3/2009 on business.timesonline.co.uk

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 ...