Shugaban Asusun Lamuni na Duniya (IMF), Dominique Strauss-Kahn, ya fada a wani taro a Washington a karshen mako na 11/12 ga Oktoba, 2008: "Karuwar damuwa game da iyawar biyan bashi na wasu daga cikin manyan cibiyoyin hada-hadar kudi na Amurka da na Turai ya tura tsarin kudi na duniya zuwa gab da rugujewa baki daya."

The head of the IMF, Dominique Strauss-Kahn, told a Washington meeting over the weekend of 11/12 October 2008: “Intensifying solvency concerns about a number of the largest US-based and European financial institutions have pushed the global financial system to the brink of systemic meltdown.”.

A Landan, Gordon Brown da tawagarsa na Baitul Malin Birtaniya tare da masu ba su shawara kan harkokin banki na zuba jari, ciki har da Standard Chartered, JP Morgan, Citigroup da Credit Suisse, suna aiki fiye da lokacin aiki na yau da kullum. A cikin makon da ya ƙare a ranar 12 ga Oktoba, ƙungiyoyi sun yi aiki dare da rana don nemo mafita ga rikicin. Manyan jami'an Credit Suisse sun kafa wata ƙaramar ofis a babban zauren 10 Downing Street, lamarin da ya ba kalmar "samun hanyar zuwa kofofin iko" sabon ma'ana. Lokacin da aka sanar da ceto bankunan a safiyar Litinin, 12 ga Oktoba, jaridun Birtaniya sun yaba da abin da suka kira "Ceton Balti". Wannan na nufin zaman dare da tawagar Baitul Malin, lauyoyi, masu ba da shawara na bankunan zuba jari da shugabannin bankunan da ke cikin matsala suka yi, don cimma yarjejeniyar ceton bankunan da tsarin baki ɗaya, inda ƙungiyoyin rikicin suka ci abincin curry da aka kawo daga gidajen abinci, wanda kudinsa ya kai £245. Ba sa so su zama na baya ga kunshin ceto na dala biliyan 700 da Majalisar Dokokin Amurka ta amince da shi a makon da ya gabata, sai Brown ya samar da nasa shirin, wanda aka tsara a yarjejeniyar wayewar gari da aka cimma yayin da ake cin abincin da aka kawo a akwatuna.

In London Gordon Brown and his Treasury team were working overtime with their investment banking advisors including Standard Chartered, JP Morgan, Citigroup and Credit Suisse. During the week ending the 12th of October, teams worked around the clock to find a solution to the crisis. Senior executives from Credit Suisse set up a temporary office in the central hallway of 10 Downing Street, bringing new meaning to the term access to the corridors of power. When the announcements were made of the bank bailout Monday morning the 12th of October, British papers hailed the “Balti Bailout”. This was in reference to the late night sessions between the Treasury team, lawyers, investment bank advisors and stricken bank executives to thrash out a deal to save the banks and the system, in which the crisis teams dined on take away curries worth £245. Not wanting to be outdone by the US $700 billion bailout package that Congress had passed the week before, Brown now had his own plan cobbled together in a dawn deal done over the take-away boxes.

Yayin da shirin dala biliyan 700 ya wuce cikin babban rikici a karo na biyu da Majalisar Dokokin Amurka ta gwada, shirin ceto na Birtaniya kuwa zai kai akalla fam biliyan 500 ($biliyan 850), kuma zai kai gwamnati fiye da iyakar rancen da take da ita ba tare da wata muhimmiyar muhawara a Majalisar Dokoki ba. Duk da manyan moriyar da masu ruwa da tsaki ke da ita wajen tabbatar da cewa "abokan caccakar su" ba su fadi ba, bankunan zuba jari ne suka tsara shirin ceto na "bankin zuba jari". Suna sane sarai cewa Royal Bank of Scotland, Barclays, Halifax Bank of Scotland da sauran bankuna sune muhimman sassan dogon sarkar dominos na masu rike da kwangilolin hada-hadar kudi, don haka babu wata mafita sai babban ceto wanda zai yi "duk abin da ya zama dole", kamar yadda Shugaban Ma'aikatar Kudi Alistair Darling ya fada. Amma kuma zai zama rashin hankali a ɗauka cewa manyan bankunan zuba jari ba su yi wa kansu aiki ba, ta hanyar cutar da wadanda ba su kai su arziki ba, wadanda za a dora musu hannun jari na fifiko masu biyan riba mai yawa karkashin ikon gwamnati, da dakatar da kari na manyan jami'ai da riba ta gaba. Sakataren Baitulmalin Amurka Henry Paulson, tsohon shugaban Goldman Sachs, ba zai iya zama mutum mai adalci ba, tun da shi ne ya tsara shirin ceton bankunan Amurka na dala biliyan 700. Har jami'in baitulmali ya amince cewa an lissafa adadin dala biliyan 700 ne kawai ta hanyar daukar "adadi mai yawa sosai".

While the US$700 billion plan passed with great controversy at the second time of asking by Congress, the UK bailout would total at least £500 billion ($850 billion) and take the government beyond its borrowing rules without any significant Parliamentary debate. Despite enormous vested interests in ensuring that their “gambling buddies” did not fail, investment banks were the architects of the “investment bank” bailout plan. Knowing full well that Royal Bank of Scotland, Barclays, Halifax Bank of Scotland and others were key pieces in the long domino chain of derivative contract holders there was never going to be any other solution but a massive bailout doing “whatever was necessary” to quote from the Chancellor Alistair Darling. But it would also be naïve to assume that the leading investment banks were also not acting in their own interests by nobbling those slightly less fortunate than themselves who would be lumbered with Government controlled high rate paying preference shares and a moratorium on executive bonuses and future dividends. US Treasury Secretary Henry Paulson as a former head of Goldman Sachs could hardly be seen as an impartial figure as he drew up the $700 billion US bank bailout plan. A plan for which a treasury official admitted the figure of $700 billion was calculated by merely adopting “a very large number”.

Duk da cewa an shirya shi cikin gaggawa daidai da na sauran, aƙalla tallafin da Burtaniya ta bayar yana da wasu cikakkun bayanai da ke goyon bayan adadin, kodayake lambobin ba su da daɗin karatu ba.

Although equally hurriedly put together at least the UK bailout had some detail to back up the number, not that the numbers made for good reading.