Loans and Finance

Loans and Finance

Text

News and information about loans, money, debt, finance and business issues.
Powered by Investing.com

Thursday, October 06, 2011

Dexia's Midnight Runners

Dexia is to be nationalised.

Fine?

Not really.

Belgium does not have the money to cover Dexia's exposure.

Belgium - Dexia: 180% of GDP.

One thing is for sure, they had better hurry up; as Euro1BN has already been lost as a result of a run on the bank.

Next up, as per my article earlier this morning, three French banks.

No comments:

Post a Comment