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$514bn and counting

There seems no end to the losses being revealed by the world's major banks. The total has now reached $514bn . 110 banks and investment firms have now posted writedowns. CitiGroup, the largest US bank, tops the list with $55.1bn of losses, closely followed by Merrill Lynch with $51.8bn. Then comes...

Posted to ICIS Blogs (Weblog) by Anonymous on 09-04-2008
Monday, Monday

Monday, Monday, can't trust that day Monday, Monday, sometimes it just turns out that way Oh Monday morning, you gave me no warning of what was to be These 'Mamas and Papas' lyrics certainly sum up Monday this week: • Oil prices went to another record high, just under $140/bbl, as traders...

Posted to ICIS Blogs (Weblog) by Anonymous on 06-17-2008

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