I think this div will be 14c but I don't think it will remain for the final div, not just a TLS thing, a whole market trend.
It depends on what sort of profit downgrade, if any, they will mention when results come out in the next few days.
Remember, recessions are a naturally occuring part of a capitalist environment. It is the checks and balances that needs to happen when things race away.
I believe the credit issues were pending long ago but Gov'ts etc took action to curb the natural trend, band-aids. This led to a bigger and bigger bubble until, you know the rest.
History does repeats itself.
financials, page-16
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