Big European Bank Failure Averted

    Posted by msaini on 30th of Nov 2011 at 10:55 am


    http://www.forbes.com/sites/greatspeculations/2011/11/30/big-european-bank-failure-averted-what-central-banks-did-not-tell-us/

    The real culprit, Just like

    Posted by klatuu on 30th of Nov 2011 at 11:31 am

    The real culprit, Just like the day SocGen was under pressure from Jerome Kerviel's rogue trades in the billions causing panic in the US in 2008. The Fed stepped in there as well.

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