Showing posts with label Gordon Brown. Show all posts
Showing posts with label Gordon Brown. Show all posts

Sunday, October 12, 2008

Still Holding Back - Barrons.com

Hope album coverStill Holding Back - Barrons.com: "Where do you see all of this going?

I want to emphasize how little I understand all of the intricate workings of the global financial system. I hope that someone else gets it, because I don't. And I have no idea, really, how this will work out. I certainly wish it hadn't happened. It is just so intricate that all I can conclude, by instinct and by reading the history books, is that it will be longer, harder and more complicated than we expect."

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Bloomberg.com: U.K. & Ireland

The Royal Bank of Scotland Plc Banca Rìoghail ...Bloomberg.com: U.K. & Ireland: "Oct. 13 (Bloomberg) -- U.K. Prime Minister Gordon Brown's government is set to buy majority stakes in Royal Bank of Scotland Group Plc and HBOS Plc to contain the worst financial crisis since the 1930s, two people familiar with the matter said."
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