Tuesday, 6 November 2007

The banks are skating on very thin ice

To get a clue about just how deep banks may fall have a look at the links on the site with the link below. Banks are ready to sink under the weight of their CDOs. Jim Sinclair thinks that the credit default obligations will be the next big thing to hit the banks - and it looks like they already are.

Have a peak at this. It's the best argument I know for investing in gold and silver.

Press here

I'll be making several posts with notes on Captain Corelli's Mandolin over the next couple of weeks.

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About Me

I teach Film, Media and English Lit.