Monday, June 30, 2008

Banks to trample growth in rush to deleverage

Banks to trample growth in rush to deleverage

Those losses -- which are still mounting and being recognised -- have piled up faster than banks can raise new capital, leaving the system today more extended than it was before the crisis began. *******So what happened to all the tax payers money that was pumped in*********

Posted by mark @ 09:26 AM (911 views)
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4 thoughts on “Banks to trample growth in rush to deleverage

  • *******So what happened to all the tax payers money that was pumped in*********@mark

    Bonuses????…speculation in commodities to fund next years ‘record’ bonuses?????

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  • flintster1994 says:
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  • flinster, yes – worth watching clip. Thanks for posting.

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  • Well this is repeating myself but I still think the banks are not doing nearly enough to keep our money safe. They are STILL lending fairly cheaply with too-high LTVs. You would think they would have learned their lesson but no. There’s always the taxpayer to bail them out -up to a point…

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