*Financial Services major Citigroup will acquire the banking operations of Wachovia Bank, the fourth largest bank in US!
* In the UK, the eigth biggest mortgage dealer B&B has been nationalised.
* Fortis has been rescued with governments of Belgium, Netherlands & Luxembourg jointly taking a 49% stake.
* In total, six minor Danish banks have beed sold/merged or bailed out in recent months.
After US and UK, would the storm hit Asia?
10 comments:
the tandav is intense now.... nobody can stop HER !
wer have u beeen???
god.. u dnt even have a e-mail id..
i thought u and sen just vanished :-)
gud to cya back!!
Senorita n me were entangled in something called "LIFE"... we weren't prepared at all n so lost balance...but we r back for good!!!
ooo.. nice that u both are back,... misd u guys..
Hope both Wall Street and EU recover from the cold quickly! I have to add a extra prayer to God to keep my bank safe!
ur new pic is quite an effect!!
@rambler: pray hard.. rumors say icici has already started drowning!
vin: thnx :-)
Yeah that is what even I have heard... but it is usually such rumours and panic that leads to the downfall of giants... lemme narrate two stories that I read long time ago but seem really relevant in times like this..check
out my blog for the same...
sen.. comment left for ur post.. :-)
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