hf-implode.com - 4/21/2009
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" Chancellor of the Exchequer Alistair Darling this week will introduce guarantees for mortgage-backed bonds, allowing buyers to sell the securities at no loss, an effort to revive lending and wean U.K. banks off government aid, two people familiar with the plan said."
Alistair Darling aims to guarantee business lending
timesonline.co.uk 12/18/2008 — A multibillion-pound package of measures aimed at getting the banks to restart lending to business will be announced by Alistair Darling next month, The Times has learnt. The Chancellor is considering a national lending scheme under which the ...
Chancellor Alistair Darling on brink of second bailout for banks
business.timesonline.co.uk 1/3/2009 — 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 ...
Darling Sets Second U.K. Plan to Rescue Banks, Spur Lending
bloomberg.com 1/19/2009 — Jan. 19 (Bloomberg) -- Chancellor of the Exchequer Alistair Darling announced the second British bank rescue in three months, proposing insurance to underwrite mortgage-backed debt and toxic assets and reversing plans to shrink Northern Rock Plc’s ...
FT.com / UK - Darling threatens banks over loan policy
ft.com 7/28/2009 — Ministers have warned Britain's banks to increase the supply of affordable loans to businesses or face the threat of a competition probe if evidence of market failure emerges. Alistair Darling, chancellor, has ordered ministers to hold a series of ...
Scheme 'problem for UK' - Darling
rte.ie 10/2/2008 — The British Bankers Association is to deliver a letter to the Government complaining about the guarantee legislation.
Call for mortgage securities guarantee
hf-implode.com 7/5/2009 — " AUSTRALIA'S securitisation market cannot yet survive on its own, and with the government support program close to running out of allotted funds, some in the market are calling on Canberra to extend its AAA sovereign rating guarantee to mortgage-backed securities."
FT.com / Companies / Banks - Darling revives option of ‘bad bank’
ft.com 2/4/2009 — Alistair Darling admitted UK taxpayers may have to buy toxic assets from Britain’s banks to help stimulate lending, adding a “bad bank” scheme to the government’s existing plans to insure banks against unexpected losses. The UK chancellor said the bad ...
Darling is doing his best to clean up Brown’s mess
blogs.ft.com 4/23/2009 — Alistair Darling is a good chancellor of the exchequer. He has presented a Budget that does essentially nothing - a good budget, given the dreadful economic circumstances. The global economic environment is the least hospitable since 1945 and a dozen ...
Biggest Budget Deficit In UK History Coming Up
globaleconomicanalysis.blogspot.com 4/22/2009 — My dear Darling. What have you done? Inquiring minds are pondering the Record U.K. Deficit, Limiting Room for Stimulus . Chancellor of the Exchequer Alistair Darling today will deliver a U.K. budget with what may be the biggest deficit on record, ...
Alistair Darling: new law to curb City bonuses
business.timesonline.co.uk 8/17/2009 — ALISTAIR DARLING is ready to legislate to curb City bonuses amid mounting public anger about the return of huge rewards for bankers. The chancellor has signalled that he will change the law to ensure executive bonuses are not paid to employees whose ...
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