Scatablog

The Aeration Zone: A liberal breath of fresh air

Contributors (otherwise known as "The Aerheads"):

Walldon in New Jersey ---- Marketingace in Pennsylvania ---- Simoneyezd in Ontario
ChiTom in Illinois -- KISSweb in Illinois -- HoundDog in Kansas City -- The Binger in Ohio

About us:

e-mail us at: Scatablog@Yahoo.com

Saturday, January 26, 2008

Look out below, V

Hmmm. I hope somebody is thinking hard about how to head this off:

SAN FRANCISCO (MarketWatch) -- If bond insurers are downgraded a lot, banks will need as much as $143 billion in fresh capital to absorb the impact, Barclays Capital estimated Friday.

We're going to need a lot of foreign governments to come in and buy up our banks if this keeps up.

0 Comments:

Post a Comment

<< Home