Posts Tagged ‘bailout

07
Jan
10

On Air: Are the bailouts working?

The past year has seen the global economy on a life support machine, otherwise known as the bailout. Just as the scars seemed to be healing, Iceland’s decision to hold off repaying billions of dollars owed to the British government has reopened last year’s wounds.

If they don’t pay it back, it may well become yet another bailout – even if that wasn’t the intention.

Should Britain cut the noise and accept that whilst this might be the bailout they never wanted, it succeeded in calming things down?

Likewise, with the dust settling and things not looking as bleak as we might have predicted- should we accept that the bailouts did work? Continue reading ‘On Air: Are the bailouts working?’

22
Oct
09

Fat cats ; time to go on a diet…

How would you react to a 90 per cent pay cut ?

wall street sign

leaders of  the seven companies that received bailout cash from the US government, will have to cut their salaries.

  Is this a big triumph for the little taxpayer in the midst of a downturn where unemployment rates are shooting up through the roof? Like this blogger suggests?

Continue reading ‘Fat cats ; time to go on a diet…’

12
Dec
08

On Air: Would you take a pay cut for the greater good?

car-pictureSenators in the US have blocked a bailout deal for the car industry – they say workers need to cut their wages.

If your job was on the line, what would you do?

Continue reading ‘On Air: Would you take a pay cut for the greater good?’




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