Parsad Posted September 26, 2009 Share Posted September 26, 2009 It is believed that 22 European banks have combined credit losses of $580B US! Cheers! http://www.cnbc.com/id/33030450 Link to comment Share on other sites More sharing options...
SharperDingaan Posted September 27, 2009 Share Posted September 27, 2009 We would suggest that the reluctance to publish may be because some of the 'really bad' are 'high-street' banks. One wrong 'perception', & there is a bank-run on the institution that drains the nations deposit insurance -& triggers a panic. Add in that NA 'crashes' have often occurred around September/October Link to comment Share on other sites More sharing options...
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