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Vendot · 01-15-2009, 05:20 PM

http://www.bloomberg.com/avp/avp.htm...6NnD7iBDRo.asf

I remember some time ago people were talking about how if Bank of America went down, the whole world would collapse. Well its happening.

I dont hear any problems from most Asian banks, SBI (State Bank of India) or BOC (Bank of China) or Canadian banks or Australian banks. So why is that our western banks funded made themselves so vulnerable in this way.

The worlds largest banks are now having major issues. BOA, Citigroup, Deutsche Bank, UBS and others....... what the fucking is going down? Discuss.

01-15-2009, 05:20 PM
Vendot Confirmed User Industry Role: Join Date: May 2002 Location: Malaysia Posts: 3,376	Why Is BOA Having Problems Now? http://www.bloomberg.com/avp/avp.htm...6NnD7iBDRo.asf I remember some time ago people were talking about how if Bank of America went down, the whole world would collapse. Well its happening. I dont hear any problems from most Asian banks, SBI (State Bank of India) or BOC (Bank of China) or Canadian banks or Australian banks. So why is that our western banks funded made themselves so vulnerable in this way. The worlds largest banks are now having major issues. BOA, Citigroup, Deutsche Bank, UBS and others....... what the fucking is going down? Discuss.