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 [...]
A total of EUR791 million was borrowed in overnight funds at the 5.00% penalty rate as of Sunday, the European Central Bank said. AUTSCH … UK lenders sold off heavily as Bradford and Bingley (down more than 23%) came out with a profit warning … Northern Rock replayed??? HBOS were down more than 11% as [...]
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