Friday, August 17, 2007

Financial Markets bounce back

Well at least there is some good news on the financial markets
tonight. Yesterday's losses have been wiped out.

It did take the US Federal Reserve to lower its inter bank interest
rates making it clear that it will not allow any good banks to go down
though.

--
Kind regards

Benedict White

1 comment:

Graf von Straf Hindenburg said...

Bounce back? Now in thrall to the Fed - in hock up to their eyeballs and the common man in turn.