Archive for February 10th, 2010
Daily Archive
Wednesday, February 10th, 2010
More Big Bank Gambling
Did you see this headline? US Banks Have $176B Exposure To Weak Euro Countries That’s a news story from Bloomberg and it discusses the fact that US (Big Banks) have nearly $200 billion dollar exposure to the collapsing economies of the PIIGS (Portugal, Italy, Ireland, Greece and Spain). I love how they downplay the “it’s [...]