Those banks that feel they are in a stronger position than others will not take up the bail out , which is great .
Those that do need time and capital offset against their illliquid assets can take up the bail out.
All in all it is good news for the markets in the long term in my opinion and we should see a sbabilization over the coming weeks.
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Those banks that feel they are in a stronger position than...
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Shanthar Pathmanathan, MD
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