Friday 17 October 2008

Ctrl BG: A Shortcut to Financial News 10/17

This week has been a relatively uneventful week for the economy. Not so much for the markets though- that was more of a roller coaster ride. Over the weekend, Britain and its EU counterparts announced a bailout plan to directly recapitalize banks in exchange for stakes. UBS has already done that with a 6 billion franc injection from the Swiss government in exchange for a 10% stake and the