Downing Street Says » Miscellaneous

» Monday, September 8, 2008

Miscellaneous

Asked if there was a response to the US Treasury s takeover of Fannie Mae and Freddie Mac, the PMS said that it was not something that we would comment on directly, but in the UK we ourselves had had to take decisive action in relation to Northern Rock earlier this year.

Put that Ed Balls had said that the Crosby Report was on the Chancellor s desk and asked when it was likely to be published, the PMS said that he had not heard Ed Balls say that and that he did not think it was on the Chancellor s desk. We were still waiting for Crosby to report. As we had been saying last week, the latest information was that people could expect something in a month or so.

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