The Mudcat Café TM
Thread #104793   Message #2457633
Posted By: Donuel
05-Oct-08 - 09:51 AM
Thread Name: BS: Banks going bust.
Subject: RE: BS: Banks going bust.
European banks required that cash reserves were needed for CDS so their losses will be in single digit trillions but unregulated American losses will be in double digit trillions near the number 50.