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Banks appear to be running out of cash!
09 October 2008
Please don't call 500 million million pounds buy-up to save banks a bailout because the Government's latest rescue plan would not credit your balance of perception!

 

Figueras Baseball Academy 2006
The British Government is putting a united front to minimise the risk of the banking system going into financial difficulties as money woes are threatening to bring the world economy to its knees. Indeed, a rescue package appears to be on the horizon and it might be unveiled today as it seems that 17 billion pounds were wiped out of british banks values yesterday afternoon. Certainly, the rescue plan might see the Government buying up shares as a way of investment in order to keep them trading. It has been said that the Chancellor, Alistar Darling, is fully behind the plan and it appears that he has plans to broadcast a statement to the markets today.
P. Figueras
 
When sorry seems to be the hardest world!
It has been reported that the President of the United States of America, George Bush, apologised to the world market yesterday afternoon for the lack of regulations which prompted the present global disquietude but he did not say much about a rescue plan to help banks to escape from their money woes.
P. Figueras
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