University of Warwick Podcasts
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Public Bailout of Bank’s Recklessness
15:21, Fri 8 Aug 2008
In response to the ongoing sub-prime crisis, the recently published Crosby Report recommends that the Government uses public money to swap bank’s seriously damaged mortgage-backed securities for pristine government bonds. Matthew Watson from the Department of Politics and International Studies at Warwick University talks about these recommendations, and how the global ‘credit crunch’ is affecting Labour’s popularity with the electorate.
(MP3 format, 12 MB)
For more information on Warwick Podcasts contact Emily Little:
E.Little@warwick.ac.uk / 024 76575329
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