World Tonight: Stop a repeat

Evening Chronicle (Newcastle, England), Oct 28, 2008

UK banks could face a raft of checks and balances to avoid a repeat of the current crisis in a "fundamental rethink" of risk, the Bank of England said today. The industry expanded too far in the good times without strong enough funding to cope when things turned sour, the Bank's Financial Stability Report said.

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COPYRIGHT 2008 Gale, Cengage Learning
 

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