Banks go bankrupt

Guess next bank

After Northern Rock, a commercial bank nationalised by British government in a 1930s depression style (how fast neo-lib, neo-con ideologies disappear when useless! ideology on demand), came Bear Stearns, the 5th US financial bank. But there is another financial bank exactly as much full of rotten securities as Bear was, and without the resistance capacity stemming from the resources the top 3 have. How long will it survive? Watch these data and …


Published in: on March 16, 2008 at 11:10 pm  Leave a Comment