US Government Should Emulate UK: Wilbur Ross

Sectors:
BanksBy CNBC.com | 10 Oct 2008 | 07:40 AM ET

The U.S. government has to come up with more broad-based solutions to the financial crisis, following the example of the UK which pledged to part-nationalize financial institutions to defend its banking sector, billionaire investor Wilbur Ross, WL Ross & Co. CEO, told CNBC on Friday.

(more): http://www.cnbc.com/id/27113855

By sloopskipper on Oct 10, 2008, 04:57 in Off Topic.

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