economonkey

Posts Tagged ‘credit crunch

20 Nov, 2008

Only the women can save us now

Posted by: Lance In: News

In one of the most egregious examples of issue hijacking* we’ve ever seen, a report from Cranfield School of Management claims that the economy wouldn’t be in such a terrible condition if more women sat on the boards of banks, and recommends that more women should be given senior positions on the banks that have […]

Gordon Brown’s rescue plan for the banking industry seems to have been used as a blueprint for similar bailouts across Europe and even in the US, and for now it seems like the stock markets are responding positively with record gains on most of the major markets. So everything’s peachy and happy days are here […]

05 Oct, 2008

Bailout fallout begins

Posted by: Lance In: News

The US government managed to push through its $700 billion banking industry bailout plan on the second attempt but if anybody thought this was going to be the quick fix needed to nudge the global economy back on track, it looks like they wore sorely mistaken. The Guardian reports that Wall Street’s big banks are […]

29 Jul, 2008

Crosby Report on the UK housing market

Posted by: Lance In: News

The Guardian has a fairly good summary of the findings of Sir James Crosby’s report into the UK housing market. Although this preliminary report does not make specific recommendations, it does talk about the kind of options which are available to the government if it wants to get the housing market moving again. Most of […]


About

Economonkey is a blog about the economy, how it works and how it affects all of us. Our aim is to help everybody understand how the economy is run, so that they are better informed about what's happening to their money.