Sunday, March 22, 2009

Ponzimonium and the end of banking as we know it

Collapsing markets expose 'Ponzimonium' of scam artists http://www.guardian.co.uk/business/2009/mar/20/ponzi-schemes-ponzimonium-bart-chilton

http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article5947159.ece


Threat of 100% bonus tax raises fears for future of US banks