http://monevator.com/2008/04/21/the-bank-of-englands-50-billion-banking-bailout/ Make more money, invest profitably, retire early Thu, 09 Sep 2010 00:47:23 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://monevator.com/2008/04/21/the-bank-of-englands-50-billion-banking-bailout/comment-page-1/#comment-316 Now the UK government wants banks to bail out borrowers | Monevator.com Wed, 23 Apr 2008 14:25:46 +0000 http://monevator.com/2008/04/21/the-bank-of-englands-50-billion-banking-bailout/#comment-316 [...] content with lending billions to the banks and bailing out Northern Rock, the UK government has set its sights on homeowners who are [...] [...] content with lending billions to the banks and bailing out Northern Rock, the UK government has set its sights on homeowners who are [...]

]]> http://monevator.com/2008/04/21/the-bank-of-englands-50-billion-banking-bailout/comment-page-1/#comment-300 Tom Mon, 21 Apr 2008 11:54:47 +0000 http://monevator.com/2008/04/21/the-bank-of-englands-50-billion-banking-bailout/#comment-300 There is still a final "f*ck you" from Mervyn King in there though. Have you seen the size of the haircuts the BoE will impose? In some cases as high as 32%, for AAA-rated securities! Unheard of! There is still a final “f*ck you” from Mervyn King in there though. Have you seen the size of the haircuts the BoE will impose? In some cases as high as 32%, for AAA-rated securities! Unheard of!

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