US, UK, European nations try different ways to resolve crisis

10/3/2008 | Economist (free content), The

Confidence in the banking sector in the US, the UK and continental Europe is deteriorating quickly, forcing governments to intervene by rescuing banks, injecting capital into the system and facilitating overnight mergers. While the activity helped prevent bank rescues Wednesday, the outlook remains bleak for those looking long term.

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Economist (free content), The

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