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Re: US Banks on the Brink?
Am new to this, but i take it they short of CASH and Ben will require a B52 NOT a Helecopter?
Mike -
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Re: US Banks on the Brink?
This made me smile Rick:-
http://news.bbc.co.uk/2/hi/business/7222336.stm
MikeComment
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Re: US Banks on the Brink?
InterestingOriginally posted by Mega View Post
Citi acquired "Egg" and now in addition to picking people with classic high risk creditors, they are picking on those creditors that have always paid their balance in full (in other words -- "the freeloaders")
The comments at the bottome of the article make for an good read.
Maybe we will go back to being a "cash economy" after all!Comment
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Re: US Banks on the Brink?
This IS a Hammer blow!
http://www.bloomberg.com/apps/news?p...BWM&refer=bond
ECB WILL NOT follow the Fed!
I wonder if the Big Gold sell off on Friday was banks/Hedge funds selling to get into cash?
MikeComment
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