Tuesday, Apr 07, 2009
There are still more nasty surprises to come from banks
MoneyWeek: There are still more nasty surprises to come from banks
The recent uptick in optimism is gradually being replaced by a creeping realisation that the banking sector and the wider economy is still in a terrible mess. For all the capital raising, and government intervention, and bail-out mania, the world's banks are still very weak, says John Stepek.
Posted by damien @ 11:38 AM (406 views) Add Comment
3 Comments
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1. mr g said...
Well, who'd have thought it!
2. general congreve said...
WTF? You mean I sold all my gold and plunged everything back into stocks and property because I really believed the G20 meeting had fixed the global economy, and now you're telling me it was all smoke and mirrors? To think I trusted the media and the politicians.
Gordon or Gold?
3. inbreda said...
"Gordon or Gold?"
That is a pearler of a question gc. I bet you can't find any remotely intelligent person that would put money on the fat one eyed scottish idiot.