Mandelson Has It So Wrong

Saturday, 31. January 2009

So what do we think of the Mandelson bailout? Frankly not a lot although time will tell. The problem with all these packages seems to be that they get to the point of understanding the problems and seeking a solution but they don’t seem to then tell those to whom they are giving the money how they want it used. They gave money to the banks and told them to start lending again but they didn’t tell them when, how much Read more »