Loans and Finance

Loans and Finance

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News and information about loans, money, debt, finance and business issues.

Thursday, February 21, 2008

Banks - Who Trusts Them?

Given the recent scandals involving SocGen and Credit Suisse, and the massive write downs being posted by banks as a result of their reckless gamble in the US sub prime market, how can anyone (borrowers, savers or investors) seriously trust them anymore?

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