Is a bottom possible??? REALLY??? I think, yes … Why? Here my thoughts … as you know me … a list … not necessarily in order of importance – The reason for the financial crisis is not the housing market, but the STUPID overleverage – House prices are back on a reasonable level, pressure still [...]

After a totally unconvincing Conference call … things speed up dramatically at Fortis … The WSJ says: The future of Dutch-Belgian bank Fortis NV hung in the balance Sunday with a sale of all or parts of the company possible as talks moved to the highest level of European officialdom, according to people familiar with [...]

Not ONE single weekend without bank failures … Respect This weekend … U.K.’s Bradford and Bingley gets … so reports … taken over by the Government … Parts of it might be sold off to HSBC and/or Santander of Spain … In the U.S. … rumours say, that Wachovia will be sold by Monday morning [...]