20 January 2009

The last thing Brown needs

More evidence that the Brown’s bank bail out is not working.  Yesterday’s initiatives were overshadowed by the shares of the major banks tumbling on the stock market.  Confidence has clearly drained from the system.  It will be interesting to see what happens when the markets open on Tuesday.

Brown will not want nationalisation to raise it’s head on this of all days.  Moses credibility is running out fast.

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