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| Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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09-28-2008, 09:55 PM
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#1 |
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HOMICIDAL TROLL KILLER
Industry Role:
Join Date: Dec 2004
Location: Sunnybrook Institution for the Criminally Insane
Posts: 20,419
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Now its europes turn for takeovers..
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09-28-2008, 10:44 PM
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#2 |
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Confirmed User
Join Date: Aug 2008
Posts: 1,609
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well its that true!!!!!!!!
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09-28-2008, 10:45 PM
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#3 | |
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Too lazy to set a custom title
Industry Role:
Join Date: Jan 2001
Posts: 51,692
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All european banks are backed, the subprime is there in europe, but the system is different. You won't see europeans banks going bankrupt and not beeing bought off.
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09-29-2008, 03:51 AM
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#4 |
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Now with more Jayne
Industry Role:
Join Date: Dec 2002
Location: Los Angeles
Posts: 40,077
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It hasn't just started now. The UK bailed out Northern Rock a year ago now.
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09-29-2008, 04:54 AM
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#5 |
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I like Dutch Girls
Join Date: Feb 2003
Location: dutchteencash.com
Posts: 21,684
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totally different system here - our money is insured till 38k euro at any bank anyhow so noones gonna withdraw personal accounts for sure
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09-29-2008, 05:02 AM
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#6 | |
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Confirmed User
Join Date: Jan 2001
Posts: 3,570
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Quote:
its 100k in the US.
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Adult Traffic for Sale |
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09-29-2008, 05:08 AM
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#7 |
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jellyfish
 Join Date: Dec 2003
Posts: 71,528
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the UK will see a lot, they are having their own subprime crisis, they lent a lot more than they should have
not as much as US, but still... |
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09-29-2008, 05:17 AM
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#8 |
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Too lazy to set a custom title
Join Date: Oct 2001
Location: Spartaaaaaaaaa
Posts: 14,136
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in may EU countried you won't see pure invsetment banks, big difference, they are the ones that get hit pretty hard right now
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09-29-2008, 05:41 AM
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#10 |
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Confirmed User
Industry Role:
Join Date: Mar 2008
Location: Miami
Posts: 5,527
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They are now saying that even with the $700 Billion us Bailout, it won't help. The problem is growing, and more EU banks will need government support.
Three EU banks now. If congress doesn't vote on this, you will see even more US banks and EU banks go under. The US won't be able to save the world.
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09-29-2008, 05:43 AM
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#11 | |
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Confirmed User
Join Date: Mar 2007
Posts: 1,252
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Quote:
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09-29-2008, 05:56 AM
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#12 | |
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sex dwarf
Join Date: May 2002
Posts: 17,860
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Quote:
It makes sense, really. It's the only way to make sure banks don't collapse when people start worrying.
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09-29-2008, 06:01 AM
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#13 | |
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sex dwarf
Join Date: May 2002
Posts: 17,860
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Quote:
Most EU banks only have limited exposure to the crisis. They're taking hits, sure, but few are taking potentially fatal hits. Fortis is an exception, not the rule. Many EU banks have reserves that allow them to easily weather the storm.
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