-- David Kuo is a director at the financial Web site The Motley Fool. The views expressed are his own. --
Stocks went in a tailspin again today as banking stocks tumbled after AIG posted a record loss and HSBC announced Britain’s largest ever rights issue.
Alain Grisay, the softly spoken CEO of F&C Investments, was in a wry humour at F&C’s annual press seminar for European journalists on Thursday.