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Old 09-27-2008, 09:00 PM   #91
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OMG Is Bono ok??
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Old 09-27-2008, 09:01 PM   #92
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OMG Is Bono ok??
SUPERFUCKINGWIN.

No worries. Bono will be fine as long as he's in Idaho or Atlanta, Germany.
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Old 09-27-2008, 09:05 PM   #93
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Well, I plan to keep an open mind.

We'll know in a few months on how things pan out, so far this guy is pretty accurate.

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Old 09-27-2008, 09:08 PM   #94
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I predict that I will sprout wings and fly to work tomorrow. Please try and keep an open mind.
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Old 09-27-2008, 09:08 PM   #95
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ok.
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Old 09-27-2008, 09:10 PM   #96
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ok.
I'll let you know how it goes. Remember, as long as someone says something, it's true. It's like this: Elvis isn't dead. He lives in my basement. He's going to come out and yell, "Surprise" in February of 2009. Don't scoff, it's the truth!!111
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Old 09-27-2008, 09:17 PM   #97
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BELGIUM’s Fortis is this weekend poised to become the first large continental bank to fall victim to the credit crunch, as the global chaos continues with Bradford & Bingley and American savings giant Wachovia both teetering on the brink.

The Belgian central bank and the country’s regulator are paving the way for a bailout of the huge banking and insurance group, which has a £540 billion balance sheet and a market value of £12 billion.

In Britain, the fate of Bradford & Bingley will be decided today. Fren-etic talks between the Bank of England, the Financial Services Authority and the government have been taking place this weekend to save the troubled mortgage bank.
B&#38;B and Fortis both in crisis - Times Online
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Old 09-27-2008, 09:21 PM   #98
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I'm really interested in how things will shake down in the UK as time goes on.
And here we go:

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Troubled bank Bradford & Bingley is to be nationalised, the BBC has learned.

...

The bank will be nationalised using special legislation the Treasury put through when it took Northern Rock into public ownership earlier this year.
The measure is expected be announced on Sunday night or Monday morning.
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Old 09-27-2008, 09:32 PM   #99
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No surprise there.
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Old 09-27-2008, 09:33 PM   #100
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I'll let you know how it goes. Remember, as long as someone says something, it's true.
Are you making fun of religious people?
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Old 09-27-2008, 09:34 PM   #101
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No surprise there.
What do you think about the predictions that UBS is the next big one?
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Old 09-27-2008, 09:37 PM   #102
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no. i imagine financeguy will have an opinion on this, and i really want to hear it... but the analysts that ive head on this side of the pond say is that the euro will do even better by comparison.
I will unfortunately have to reserve judgment. Predicting exchange rate movements is not my forte.
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Old 09-27-2008, 09:39 PM   #103
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we could be on the edge of a world wide financial collapse

liquidity is a serious problem

banks do not have access to money market funds

businesses that buy (borrow ) money on a daily basis are having difficult times finding it to meet payrolls and other obligations.
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Old 09-27-2008, 09:41 PM   #104
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What do you think about the predictions that UBS is the next big one?
UBS might survive. The Swiss government has probably already bailed them out behind the scenes (just speculation, I have no knowledge if they have or not).
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Old 09-27-2008, 09:43 PM   #105
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The Euro hasn't "profited" that much from this crisis. It went up again about five to eight cents to around 1.45 to 1.47x, but that's far from its high earlier this year when it stayed around 1.57 for weeks.
Investors don't really trust the European economies at the moment, and hence not the Euro. They rather invest in bonds than in currencies.
At least that's what I got told.
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