Linkster
09-15-2007, 06:02 PM
http://www.bloomberg.com/apps/news?pid=20601087&sid=a7Fra4ZEvrhs&refer=home
The UK has experienced their first (of probably many to come) run on a bank for customers money - waiting in lines to withdraw all of their savings before the bank goes under from bad mortgages
Should start in the US within 60 days as well - it will be interesting to watch which institutions crumble as Bush has already stated that they will not bail anyone out this time
The UK has experienced their first (of probably many to come) run on a bank for customers money - waiting in lines to withdraw all of their savings before the bank goes under from bad mortgages
Should start in the US within 60 days as well - it will be interesting to watch which institutions crumble as Bush has already stated that they will not bail anyone out this time