According to one of the firm RBC Capital they are expecting around 150 + banks will fail by year 2010.
Tuesday, June 3, 2008
Are banks on verge of Failure ?
The key bank index- philly broke all time new lows today. Lehman brothers wachovia are the most active investment banking stocks traded with 4x volume with price down. Lehman looks like it caught the Bear stearns disease.
According to one of the firm RBC Capital they are expecting around 150 + banks will fail by year 2010.
According to one of the firm RBC Capital they are expecting around 150 + banks will fail by year 2010.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment