Types Of Bankruptcy

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April 18th, 2008

Bank ‘planning 50bn bond…

“I think it’s something that is necessary. If we don’t have this what this will mean is that the whole mortgage market and perhaps the real economy will freeze up.”

The Bank of England is to swap 50 billion of government bonds for high street lenders’ mortgages in a bid to ease the credit crunch, it has been reported. via Daily Express



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