Tuesday, September 30, 2008

Got ca$h?

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Analysis: Congress repeats 1930s errors with bailout vote

There have been worrying signs in the United States that the financial crisis is starting to unsettle bank customers. Sketchy data suggests that people are moving deposits out of banks that are considered more at risk than others. This has not yet turned into a full-scale bank run, but any more uncertainty could change that.


reportonbusiness.com

Fear of bank collapse hits the euro zone

Economic recovery, in other words, has been put on hold. And there's a potential monster stalking the euro zone: fear of a bank collapse.




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