Dislikederr.. lehman is bankrupt isnt it?
arsenal 4-0
but the best of last week was 2-1 win for liverpool.Ignored
bdw wakli, this is our time.. this is our seasons.. Torres even not played!! yeah!!
Help needed in OANDA + users from Malaysia 105 replies
Dislikederr.. lehman is bankrupt isnt it?
arsenal 4-0
but the best of last week was 2-1 win for liverpool.Ignored
Dislikedhi guys ! welcome back n gd afternoon!
well, it seems that GU is hitting the window formed 2wks ago at... the close of the window wld signify further upside potential...
resistance is nw is seen at 1.8200
support is at 1.8000
lets wait 4 the US open 2niteIgnored
Dislikedbdw wakli, this is our time.. this is our seasons.. Torres even not played!! yeah!!Ignored
DislikedPleased to hear that oil dropped below USD 99 on asian trading session.....Hopefully it will go down further on Europe and US session....Ignored
DislikedI think its possible since the reported bankruptcy somehow will fluctuate the pound..
The question is, when our nation will decrease our oil prices?Ignored
DislikedYNGWIE = gitaris berapi?
hehe, same avatar! if wrong, sorry...
i look EU and GU will go down back, to give us a chance to buy from dip....wawawawa...entah betul tah idak.....
trendline broken..but false broken....going to try high again?Ignored
DislikedWhen you thought things gonna get better... it actually going even worse now.
Financial Meltdown in the US... still melting..... and melting....
Things only gonna get worse before it can get better.
Lehman and Merrill Lynch have gone astray!!!
Ignored
QuoteDisliked"The deepening crisis in the US banking system is causing alarm in Europe.
There are worries that if a huge European bank, equivalent in importance to Lehman Brothers, faced failure, there would be no way to rescue it.
Up to now, it has been down to individual European governments to come up with the money to keep troubled banks afloat.
Recent examples include Northern Rock in the UK, Rosklide in Denmark and Germany's IKB.
However, those banks are relatively small compared with the huge cross-border financial institutions that have developed in the past decade.
If one of those faced bankruptcy, it would cost tens of billions of euros to rescue it, perhaps even hundreds of billions.
Governments would balk at the price and voters would ask why the French or British taxpayer, for example, should pay to support a bank that does most of its business in other countries.
Political squabbles
One option to share the burden of the banking crisis is to ask the European Central Bank to take on the responsibility for bailouts.
That would be a major new role which goes beyond its present brief.
It would not be easy to arrange.
Firstly, the ECB would have to amass a large fund to handle such rescues.
If and when it did step in, there would almost certainly be political squabbles about which countries' banks it should help and how much money it should offer them.
However, the ECB is constantly monitoring what is happening in the financial sector in a way that individual governments cannot.
They often do not have the expertise or the information to check the financial health of big banks, especially those with complex international operations.
"It is very difficult to see through the accounts to assess the level of risk," says Nicholas Vernon an economist at Bruegel, a Brussels-based research group.
"There have already been many surprises and now due to the environment with Lehman Brothers, we are likely to have other surprises down the road."
The answer, he thinks, is to develop better communication links between all the teams that supervise the banking industry across Europe.
This was a plan supported by Europe's finance ministers when they met in Nice at the weekend. However, with the banking crisis gathering momentum in the US, it may not be long before Europe is forced to make some tough and expensive decisions about how to ensure its banks avoid a similar fate."
DislikedNo trade form me today... perhaps for a few days from now.... until the dust settle down. Market is shaky with the current situation... my judgement is also shaky. Staying out for a while.Ignored