Tuesday, September 30, 2008

Reserve price seen as too high in D Block reauction proposals

The new proposals for auctioning D Block in the US seem to be as highly politicised as the proposals for rescuing Wall Street, which were being discussed by lawmakers at the same time.

Two important meetings took place in Washington DC on Friday September 25, one of them concerning a controversial $700 billion bail out plan for the financial industry, the other a controversial spectrum auction with a proposed $750 million reserve price.

Read the full details at:
http://www.policytracker.com/alerts.php?tact=812

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