Saturday, October 4, 2008

European Financial Crises - from Financial Times

Think things are getting bad here? Check out what is going on in Europe! Also note the comment about how Paulson may have led the bail out of AIG in order to prevent collapse of European banking systems!

http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/3118994/Financial-Crisis-So-much-for-tirades-against-American-greed.html

And now the other folks are starting to line up for the spoils!

http://www.latimes.com/business/la-fi-econworld2-2008oct02,0,106945.story

Boy, the fun is just beginning!

Keep your eyes and mind open,
Michael Childress

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