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Thread: And around the world - Bailouts

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    Registered User trinidarkie is offline
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    And around the world - Bailouts

    Though the US is playing politics the following occurred today/late last week

    Fortis - Belgium/Netherlands/Luxembourg
    Bradford & Bingley - Britain
    HBOS merged with Lloyd's

    Hmmmm this seems to be a trend. We will see who is next...maybe Soc Gen. I guess America will be the one and only capitalist nation since everyone seems to be moving in the opposite direction. What do the Europeans know that we don't?

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    Gangsta Boogie Bake n Shark's Avatar Bake n Shark is offline
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    Don't forget the Japanese government bailout of BOJ ten yrs ago too.


    ... is ah global conspiracy to reward crooks who tief people money.

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    Dragon Singh IslandmixUSA's Avatar IslandmixUSA is offline
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    I blame Bush & McCain

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    where de crix Oneshot's Avatar Oneshot is offline
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    Quote Originally Posted by trinidarkie View Post
    Though the US is playing politics the following occurred today/late last week

    Fortis - Belgium/Netherlands/Luxembourg
    Bradford & Bingley - Britain
    HBOS merged with Lloyd's

    Hmmmm this seems to be a trend. We will see who is next...maybe Soc Gen. I guess America will be the one and only capitalist nation since everyone seems to be moving in the opposite direction. What do the Europeans know that we don't?
    remember Alliance & Leister, Northern Rock also,

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    where de crix Oneshot's Avatar Oneshot is offline
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    Ireland joins the "tieffing bankwagon"

    http://www.marketwatch.com/news/story/ireland-takes-steps-safeguard-banking/story.aspx?guid={9ACB618D-7F78-4B2E-879B-0188EE551F72}

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    Gangsta Boogie Bake n Shark's Avatar Bake n Shark is offline
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    Germany arranged a credit life line for the commercial real-estate lender Hypo Real Estate and Iceland took a 75% stake in Glitnir, the country's third-biggest bank.

    EDIT:

    Add Dexia bank (Belgium) to the bailout list...
    The Associated Press: Dexia bank gets $9.2 billion bailout

    The French Government is also said to be contemplating a bailout.
    Last edited by Bake n Shark; 09-30-2008 at 10:27 AM.

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