Government intervention to end panic2008 09 29 B&B nationalisation is confirmed2008 09 29 Iceland nationalises Glitnir bank2008 10 03 Dutch part of Fortis is nationalised2008 10 06 Hypo Real Gets EU50 Billion Government-Led Bailout2008 10 07 UK makes massive rescue plan for banks2008 10 08 Fed Will Lend Directly to Corporations2008 10 12 Australia to guarantee bank deposits for three years: PM2008 10 13 RBS, HBOS and Lloyds to get $64 billion from U.K.2008 10 13 Fed Says ECB, Others to Offer Unlimited Dollar Funds2008 10 13 EU Nations Commit 1.3 Trillion Euros to Bank Bailouts2008 10 13 Germany Pledges EU500 Billion in Bank Rescue Plan2008 10 15 European central banks pump $250bn liquidity2008 10 15 EU backs emergency accounting changes2008 10 16 ECB Widens Collateral Rules, Slashes Required Ratings2008 10 16 ECB gives Hungary €5bn credit line2008 10 16 Swiss banks raise emergency funds to fight crisis2008 10 22 Wachovia reports 23.9 billion loss
Jonathan Li on 14 Jan 11This is another good guy, caught in a bad situation. As it has done with many of his colleagues, the mainstream media has smeared Alan Greenspan as a scapegoat. To read about his life in greater detail is to understand this man and to see past the (to put it frankly) crap that the media often dishes out.
