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  • Fortis Fails: Who's Next? [View article]
    I am not a paid "scaremonger" and object to any comments suggesting that.

    All I'm trying to show is that leverage is high in European banks - this isn't intrinsically bad, but is worth noting... Now, the assets being leveraged absolutely matter, but the idea that a bank won't have problems because it has been around forever is not logical - see also: Barings, mid-1700s to 1995.
    Oct 02 17:27 pm |Rating: +1 0 |Link to Comment
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