Saturday, February 21, 2009

Another Bank Goes Under

It is pretty serious now, seems like this financial crises is one of the worst. Please read this article. Let's hope that the economy here will stay fine.

3 comments:

Anonymous said...

Hi Eagle, yesterday both citigroup and BOA had a thrashing right after opening bell. One can almost smell a freefall coming. Its really amazing to see less than one year ago it was virtually impossible to see such horrors for banks in juz one trading day.

Anonymous said...

Hi Eagle, yesterday both citigroup and BOA had a thrashing right after opening bell. One can almost smell a freefall coming. Its really amazing to see less than one year ago it was virtually impossible to see such horrors for banks in juz one trading day.

The Eagle said...

Hi Eddy, also, blue chip shares like OCBC, UOB, SIA Engineering etc fell to near 52 week lows recently. Economy is really grim and the financial industry is being dragged down at the moment.