Lilliana

Fortis Fails: Who's Next?

IOHO a paid " Scare Monger" and "Sensationalist" ?
Lloyds bank has been around for over 250 years and has steered clear of the sub-prime mess.
The amalgamation with HBOS is a no cash stock deal.
Actually" Fortis" completely over extended itself on the NV Ambro purchase and lost their posterior.
Understand Leverage, is a normal part of Bank investing and
is well regulated.
Wonder how much this guy got paid for this article.?

Short Sales: SEC Turns Back the Clock to 1931

NOTE WELL
Quote
He that sells what isnt his'en must pay his debts or go to prison..
( Long standing rule..which has stood the test of time.)