TITLE

Senseless consensus

AUTHOR(S)
Purle, Jonathan
PUB. DATE
October 2008
SOURCE
Money Marketing;10/16/2008, p50
SOURCE TYPE
Periodical
DOC. TYPE
Opinion
ABSTRACT
In this article the author discusses the failure of the government's bailout and regulation initiative to address root cause of the financial crisis in Great Britain. The author states that bank bailouts only result to a slowdown in market correction. The author emphasizes that financial institutions do not need bailouts and more regulations to save capitalism and shore up market values.
ACCESSION #
39149554

Tags: FINANCIAL services industry;  BAILOUTS (Finance);  FINANCIAL crises -- Great Britain;  FINANCIAL planning;  CAPITALISM;  MARKET value;  CONSENSUS (Social sciences)

 

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