Published Date:
20 September 2008
AUTHORITIES could have been a bit more proactive and extended the special liquidity facility on Monday night, I think we would have avoided the situation
• Price-sensitive news must be released to the market as soon as possible
• We should be asking ourselves who was in the possession of that information (about takeover talks] and why it wasn't released to the market
• I think the Bank (of England] has been persistently in the market's eyes late to the party
• I think Mervyn King unfortunately must shoulder some of the blame
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Last Updated:
19 September 2008 9:44 PM
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Source:
The Scotsman
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Location:
Edinburgh