Eddie George

Tory report backs greater BoE role

A report commissioned by the opposition Conservative Party in the United Kingdom has suggested that the tripartite system for financial stability, involving the Bank of England, the Treasury and the Financial Services Authority (FSA) has failed and…

House passes bailout plan

The House of Representatives, the lower house of the US Congress, has backed a revised version of the Treasury's $700 billion plan to tackle the financial crisis.

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