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Governments on Both Sides of the Atlantic Push to Get Banks to Lend.

Authors :
Erlanger, Steven
BENNHOLD, KATRIN
Andrews, Edmund L.
Source :
New York Times. 11/7/2008, Vol. 158 Issue 54487, p6. 0p.
Publication Year :
2008

Abstract

Anxious about the economic impact of the worst financial crisis since the Great Depression, governments on both sides of the Atlantic are searching for ways to ward off a severe recession, or at least to shorten it. But there is a fundamental problem that is not easily solved by the usual economic policy tools: how to persuade rattled banks to start lending again -- an essential first step to restoring economic health. [ABSTRACT FROM PUBLISHER]

Details

Language :
English
ISSN :
03624331
Volume :
158
Issue :
54487
Database :
Academic Search Index
Journal :
New York Times
Publication Type :
News
Accession number :
35119943