Scrutineer: US bail-out offers a beacon of hope amid global financial gloom
Published Date:
29 September 2008
By Bill Jamieson
GOOD morning, Armageddon Day. This is the day of reckoning, when the US administration's desperate $700 billion (£380 million) bank bail-out plan is tested in the markets. The script for a financial disaster movie could hardly out-scare what we have been through this year. And today is the day of judgment.
"Thumbs up" could see us pulled from the brink of an epochal slump and the foundations put in place for a gradual easing of credit strains and a return of confidence.
"Thumbs Down" could catapult us into an intensifying financial collapse and glo...
The full article contains 1002 words and appears in The Scotsman newspaper.
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Last Updated:
28 September 2008 9:17 PM
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Source:
The Scotsman
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Location:
Edinburgh
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Related Topics:
Bill Jamieson