Saturday, September 15, 2007
If savers start a run on Paragon, B&B and A&L, these will be in deep sh** soon
Bank stocks dive as investors fear repeat
Have a look at this league table and tell me what would be the savings IR you would feel comf with from these banks
2 thoughts on “If savers start a run on Paragon, B&B and A&L, these will be in deep sh** soon”
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Orwell says:
The very reason there was a run on sterling is because IR’s are too low and this also reflected in the LIBOR rate…….
Alan says:
The NR crisis hasn’t just hit one bank, its hit the credibility of the city.
Now… what’s the UK’s biggest export ????
I think the NR director in charge of risk management would have been shot if this were Italy or Brazil or….