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 (303 views) Add Comment
3 Comments
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
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...