Friday, Mar 14, 2008
Will this be the US equivalent of Northern Rock
Telegraph: Bear Stearns shares crash as credit crisis snares biggest US victim
Bear Stearns one of the most venerable names on wall street has run out of the liquid stuff (cash) and anybody with funds held in Bear Stearns will be clamouring to transfer them out ala Northern Rock.
Posted by enuii @ 06:35 PM (329 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. Stevie Dee said...
@enuii,
question for you or anyone really... they say we are lagging about 9 months behind the US in this crisis, how come we had the bank run first?
2. mark wadsworth said...
Gives a whole new meaning to the expression 'bear market'.
3. Titaniccaptain said...
How bad is all this going to get????? the world's financial system could be facing breakdown unless someone has a good idea soon..........