Banks' poisoned chalice
Rigby, Jennifer
Banks' poisoned chalice - 2009 - Property Week 75(9) 27 February 2009, 25-30(6) .
In light of the credit crunch, considers what the implications of the UK Government's third banking bailout, the asset protection scheme, will mean for property. Assesses the likely impact of this on REITs and charts the decline of the bonus culture. Concludes that the asset protection scheme has profound implications for property with control of billions of pounds real estate passing to the banks and the Chancellor of the Exchequer.
United Kingdom--
Banks' poisoned chalice - 2009 - Property Week 75(9) 27 February 2009, 25-30(6) .
In light of the credit crunch, considers what the implications of the UK Government's third banking bailout, the asset protection scheme, will mean for property. Assesses the likely impact of this on REITs and charts the decline of the bonus culture. Concludes that the asset protection scheme has profound implications for property with control of billions of pounds real estate passing to the banks and the Chancellor of the Exchequer.
United Kingdom--