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| Brown Government Said Set to Take Majority Stakes in RBS, HBOS (Bloomberg) Sun, 12 Oct 2008 21:04:07 GMT Oct. 12 (Bloomberg) -- U.K. Prime Minister Gordon Brown 's government will tomorrow take controlling stakes in Royal Bank of Scotland Group Plc and HBOS Plc, two people familiar with the plan said. [Read More] |
| Australian government guarantees all bank deposits (AFP via Yahoo! News) Sun, 12 Oct 2008 07:48:40 GMT The Australian government will guarantee all deposits in domestic banks as the financial crisis enters a dangerous new phase and threatens growth, Prime Minister Kevin Rudd said Sunday. [Read More] |
| Austrian Social Democrats Asked To Form Government (CBS News) [Read More] |