Wednesday, Aug 29, 2007
Liquidity strapped banks and asset managers ditching 'investments'
Financial Times: SIVs set for $43bn asset ‘firesales’
Mounting liquidity crisis could force “firesales” of as much as $43bn in assets, according to an analysis by the Royal Bank of Scotland.
Posted by enuii @ 08:45 PM (206 views) Add Comment
3 Comments
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1. lvmreader said...
Oh dear, oh dear.
This spells DOOM for banks like Barclays.
2. Orwell said...
Why IVM?
3. uncle tom said...
Spare us the links to subscription sites please...