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Strategies & Market Trends : The coming US dollar crisis

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To: RockyBalboa who wrote (1059)9/19/2007 9:49:12 AM
From: stan_hughes  Read Replies (3) of 71446
 
A likely reason re: the BoE move (found on another site/board this morning) --

"My opinion is A+L were about to approach BoE for emergancy loan. To the people, one bank run suggests a bad company, two says nowhere is safe! Why not accept the mortgages when you will have to accept them at a later stage through the government guarantee"
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