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The central short-term objective of NCUA’s Corporate Stabilization Program has been to increase liquidity in corporate credit unions. Since the NCUA Board first began taking stabilization actions, liquidity has demonstrated marked improvement. The reliance on external borrowing has declined from $11.8 billion to $2.1 billion. NCUA believes that the actions to conserve the two corporates, in tandem with established plans to enhance liquidity and generally stabilize the corporate network, represent the most cost effective and prudent alternative available to the credit union industry.

The BBC said it had no intention of taking any disciplinary action against Bowen. Nonetheless, the findings were made by the BBC Trust's editorial standards committee – which includes such figures as Richard Tait, the former editor-in-chief of ITN, and David Liddiment, the former director of television at ITV – and will cause great concern within the BBC newsroom.

"It was not necessary for equal space to be given to the other arguments, but ... the existence of alternative theses should have been more clearly signposted."