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Banks 'may need $143bn'

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  • Banks 'may need $143bn'

    Banks may need $143bn to weather the credit crisis if bond insurers lose their top credit ratings, new research shows.

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  • #2
    Re: Banks 'may need $143bn'

    I will lend them some of mine, at say, 20%. I'll let you know when they have contacted me.

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    • #3
      Re: Banks 'may need $143bn'

      They can ask their shareholders. After all they reaped the enormous profits from ripping of the consumer.

      Personally I think a few banks going to the wall would be good thing. It might make those that remain think twice about their greedy behaviour in future

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