July 15th, 2009 23:09:22 GMT.

CIT talks fail; bankruptcy looming


This would be one of the largest bankruptcies in the financial markets since markets started to regain a semblance of normality this year.


June 15th, 2009 01:31:00 GMT.

German credit crunch deepening


This is the headline on another AEP article and thanks to Saferanger for the lead. Ambrose is as always very bearish on Europe but if the facts stack up, tough credit conditions will not ease the recovery prospects for the … Continue reading


June 10th, 2009 22:45:52 GMT.

Another bearish Euro piece from AEP


Ambrose Evans Pritchard is certainly consistent and it seems that this time he is taking his ‘facts’ directly from the source so there is less chance of him manipulating/massaging information to suit his case. That said, hearsay and chatter from the … Continue reading


June 8th, 2009 14:28:33 GMT.

West Lb denies was in danger


West LB, the German bank, denies it nearly went bust over the weekend (of course). Reuters reported earlier today that the Bank received an additional EUR 4 bln in guarantees from the state and other owners. Whether or not a … Continue reading


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