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Banks On Credit Crisis Alert

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All the investment banks have moved to credit crisis alert.

Trading desks from Wall St to London are going to say NO to Bear Stearns come Monday.

Shockingly, the Fed is the only bank to say YES.

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and they key thing is that they will say "NO" to other suspect banks now too....... [we could re-route you via Dubai with a Beckham-style vegetarian option?]

DOMINOES

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'Moved' to it? What were they in before? Holiday mode?

Inter-day margin calls take care of counterparty risk hence business as usual...till now that is.

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Guest Bart of Darkness
'Moved' to it? What were they in before? Holiday mode?

They were on "Beige Alert".

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  • 295 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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