Managing U.K. Bank Crisis

Gordon Brown, the U.K. prime minister, has been urging other countries to follow the U.K.'s $1 trillion bailout package. This package provides for government financial support to the banking system. However, Brown is experiencing some backlash domestically as senior executive bonuses continue to be paid - based partially on rising bank stock prices. If the banking sector experiences such financial windfalls while the rest of the economy moves into recession, domestic support for the bailout is likely to wane.