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View Full Version : A Preview of Things To Come


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

Bill
09-15-2007, 06:11 PM
Bush has already stated that they will not bail anyone out this time

He lies like a rug.

Since we are talking about bailing out the rich, betcha $20 when the hard times come Bush is right there with the corporate welfare.

moonman
09-16-2007, 05:39 AM
It's only the beginning Linkster. Nice find, thanks for the report.