Tuesday 31 July 2012

Nowhere left to hide?

The banks cannot rely on their traders, their printing room operators, their compliance gurus, their chief executives, the stock exchanges, the interbank lending mechanisms, the regulators. Only Osbourne and the taxpayer seem to be left. And Mitt when he reads from the script.

UBS hit by Facebook loss - http://www.ft.com/cms/s/0/b1332244-dad3-11e1-8074-00144feab49a.html

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