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- Crisis keeps Asian governments tied to banks (International Herald Tribune)
Delays in privatizing banks means retreating from attempts to shore up and consolidate the region's battered banking sector, which Asian governments spent hundreds of billions of dollars bailing out after the 1997-1998 Asian financial crisis. www.iht.com
- UK insurer Old Mutual's 3Q sales fall 4 percent, hit by economic ... - Newsday
LONDON (AP) _ Third-quarter sales at insurer Old Mutual fell by 4 percent from a year ago as the global economic slowdown eroded demand for life insurance around the world, the company said Thursday. Life insurance sales fell to 1.25 billion pounds ... www.newsday.com
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