Financial industry related

Sep 16, 2008 23:52

With Lehman Brothers announced bankruptcy, all eyes are now fixed on AIG ( Read more... )

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Comments 5

soveren September 18 2008, 17:37:52 UTC
aiyer my bank oso collapsed n was sucked up by another
i need to redistribute my finances!!

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consensio September 19 2008, 17:03:12 UTC
Oh my!!! Did you affect you a lot apart from having to redistribute finance?

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soveren September 19 2008, 17:16:17 UTC
well that bank share was once £11
then due to the crisis dropped to 90p
n now to be bought at £2.32 a share loh
so i've lost out on that value
capital in UK is guaranteed to £35k per bank so no loss there, touch wood.

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consensio September 19 2008, 19:18:30 UTC
Oh I see. Hmmm, well I don't have this kind of capital guaranteed when I invest in shares. Currently I am looking at my investment dropping in value too!!!

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