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IMF Calls For A New Round Of Huge Bank Bailouts

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posted on Oct, 8 2010 @ 12:16 AM
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It's early days here girls.


"Lenders across Europe and the US are facing a $4 trillion refinancing hurdle in the coming 24 months and many still need to recapitalise, the Washington-based organisation said in its Global Financial Stability Report. Governments will have to inject fresh equity into banks – particularly in Spain, Germany and the US – as well as prop up their funding structures by extending emergency support."



posted on Oct, 8 2010 @ 12:27 AM
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Hey watch out for that next dip in the road pal, its a doozey!
Brnanke his own self making similar statements in another thread.....
I do believe we havent even begun to slide ....



 
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