US sub-prime fallout nudges closer to UK as cash crisis bites
Story date: 2007-08-22 11:38:00
Added on: 2007-08-22 16:35:04
Edinburgh News - ... stepped in to lend cash to one of its specialist finance units - edging the credit crisis that began in the US sub-prime ... system cope with stressed market conditions, lets banks borrow unlimited amounts of cash - but at a penalty interest rate of one ...
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