The American Banking Sector Is On Life Support
Posted by admin on Feb 27, 2009 in borrowing, credit crunch, depression, economy, finances, recession, stock market crash
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The CNN story here
shows just what a mess the banking sector is in. The sad thing is that the list of 250 banks ‘in trouble’ is only in the USA. When I clicked on the link, I was rather hoping that it was a global list. Perhaps it was less hope and more blind optimism. [...]