Skip to main content

Proceeding contribution from Andrew Love (Labour) in the House of Commons on Tuesday, 31 March 2009. It occurred during Debate on The Economy.


The Economy

Before the hon. Gentleman moves on from the asset protection scheme, what alternative to it does he believe exists? I understand some of the criticisms that have been made of the scheme, but how else can we deal with the problem of bad assets on banks' books? The public-private scheme that the US Federal Reserve and Treasury Secretary have produced has been roundly condemned, but what alternatives are there?


Secondary information

Type
Proceeding contribution
Reference
490 c819 
Session
2008-09
Chamber / Committee
House of Commons chamber
Subjects
Debts Banks Capital investment Credit Bank of England Government assistance Financial Services Authority Economic situation International Monetary Fund Loans Regulation Tax avoidance Taxation Economic recession G20 World economy
Link
View this Proceeding contribution on www.publications.parliament.uk