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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) |
BelgianMadCow (1000+ posts) Send PM | Profile | Ignore | Sun Sep-28-08 05:17 PM Original message |
Compare & contrast: the world's second largest bank, Fortis, is being nationalized. |
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mmonk (1000+ posts) Send PM | Profile | Ignore | Sun Sep-28-08 05:21 PM Response to Original message |
1. Yep. With all we've put up ($700 billion), makes me wonder of the scope of firms |
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BelgianMadCow (1000+ posts) Send PM | Profile | Ignore | Sun Sep-28-08 05:28 PM Response to Reply #1 |
3. I think it shows the size of the derivative bubble on top of the housing bubble |
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muriel_volestrangler (1000+ posts) Send PM | Profile | Ignore | Sun Sep-28-08 05:23 PM Response to Original message |
2. Here's an English language link |
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BelgianMadCow (1000+ posts) Send PM | Profile | Ignore | Sun Sep-28-08 05:32 PM Response to Reply #2 |
5. I just checked some other belgian sources - each govt gets a 49% share of their Fortis branch |
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BelgianMadCow (1000+ posts) Send PM | Profile | Ignore | Sun Sep-28-08 06:01 PM Response to Reply #2 |
10. LINK: LBN Thread thanks to muriel_volestrangler |
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sandnsea (1000+ posts) Send PM | Profile | Ignore | Sun Sep-28-08 05:30 PM Response to Original message |
4. We've got about a hundred banks on the brink |
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BelgianMadCow (1000+ posts) Send PM | Profile | Ignore | Sun Sep-28-08 05:37 PM Response to Reply #4 |
6. Good point. |
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sandnsea (1000+ posts) Send PM | Profile | Ignore | Sun Sep-28-08 05:47 PM Response to Reply #6 |
7. And the same size as WaMu |
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BelgianMadCow (1000+ posts) Send PM | Profile | Ignore | Sun Sep-28-08 05:59 PM Response to Reply #7 |
9. But watch out: that ranking is based on deposits, not revenues. |
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sandnsea (1000+ posts) Send PM | Profile | Ignore | Sun Sep-28-08 08:14 PM Response to Reply #9 |
11. Which still misses the point |
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roamer65 (1000+ posts) Send PM | Profile | Ignore | Sun Sep-28-08 05:48 PM Response to Original message |
8. The bailout here in the US is "too little, too late". |
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DU AdBot (1000+ posts) | Tue May 07th 2024, 03:18 PM Response to Original message |
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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) |
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