aus 1360, page-32

I should add that whilst the UK remains the fall guy atm - we should look carefully at the US banking situation and whilst liquidity was the catch phrase of 2008 - solvency ( or should that be insolvency) is and will be the catch phrase for 2009.


Re my comments on JPM - this guy knows his stuff when it comes to "cooked books":)

http://seekingalpha.com/article/116114-jpmorgan-when-i-say-insolvent-i-really-mean-insolvent