Banks' poisoned chalice
Language: English Series: Property Week ; 75(9) 27 February 2009, 25-30(6)Publication details: 2009Subject(s): Summary: 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.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L146836 (Browse shelf(Opens below)) | 1 | Available | 146836-1001 |
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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.