DW-WORLD: Britain Nationalizes Ailing Mortgage Lender to Avert Run The British government is to nationalize mortgage lender Bradford & Bingley (B&B), the second bank this year to be taken into public ownership.
(29.09.2008) DW-WORLD: Financial Meltdown Worsens as More cash is injected into banks ...
Fed relaxes bank investment rules ...
What's Left of the Berlin Wall ... Recession Hits Euro Zone As US bank Washington Mutual goes belly-up, Ireland has become the first euro zone country to officially slide into recession. Laissez-faire is done with, said French and current EU President Nicolas Sarkozy. (26.09.2008) DW-WORLD: US Bailout First Step in Long Reform Process, Says Economist The chaos in the US has Europeans believing they'll have the upper hand in future regulatory negotiations. Not so fast, Irwin Collier of the John F. Kennedy Institute at Berlin's Free University told DW-WORLD.DE. (23.09.2008) DW-WORLD: ECB Continues Cash Injections for Ailing Banks and Markets In another busy day at the European Central Bank, 180 billion euros ($266 billion) in refinancing was allotted and an offer of 27 billion euros ($40 billion) in one-day loans was renewed, the ECB said in a statement. (23.09.2008) DW-WORLD: ECB's Top Economist Says Weak Banks Should be Allowed to Fail The European Central Bank's (ECB) top economist said on Wednesday, Aug. 27 that weak banks that heading for collapse sue to the current global financial crisis should be allowed to fail rather than be bailed out. (27.08.2008)
(Deutsche Welle)
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