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University of Warwick Podcasts

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University of Warwick Podcasts|Public Bailout of Bank’s Recklessness Episode

In response to the ongoing sub-prime crisis, the recently published Crosby Report recommends that the Government uses public money to swap bank’s seriously damaged mortgage-backed securities for pristine government bonds. Matthew Watson from the Department of Politics and International Studies at Warwick University talks about these recommendations, and how the global ‘credit crunch’ is affecting Labour’s popularity with the electorate.

[ Fri, 08 Aug 2008 14:21:37 GMT ]

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