Sunday, Aug 24, 2008
Draw Your Own Conclusions
FT: ... costs soar
The crisis is deepening because people are very worried about the health of some financial institutions. Will more fail? The fact is if you mark to market some of the illiquid assets the banks hold at prices they could sell them in today’s climate, it could make many of them insolvent.
Posted by gardeniadotnet @ 11:18 PM (943 views) Add Comment
2 Comments
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1. gardeniadotnet said...
http://www.ft.com/cms/s/0/6228d78a-7208-11dd-a44a-0000779fd18c.html
gardenidiot
2. renting2 said...
House of cards looking very shaky.
gardeniadotnet - just noticed how you signed your post @ 1,d'you always do it like that?