Do we need a bank bail-out?

October 6, 2008

darling1.jpgEU leaders went to Paris at the weekend and vowed solemnly to co-operate in their handling of the credit crisis. By Monday all bets were off as different countries either broke ranks or strained at the leash in their desire to protect their own private savers first by offering blanket guarantees.

Turbulence or meltdown?

September 18, 2008

dax-trader-hands-on-head-alex-grimm.jpg *** For full coverage of the financial crisis click here***

The events of the last five days have been traumatic for the world of high finance and banking — and may yet become so for the man in the street if confidence in banks fails to hold.