Monday, 14 March 2011

Yikes

From the Telegraph.....
The total exposure of foreign banks to the struggling quartet of Greece, Ireland, Portugal and Spain tops $2.5 trillion (£1.6 trillion) once all forms or risk are included, according to the latest data from the Bank for International Settlements.

1 comment:

Techno Mystic said...

Luckily for them Britain's biggest bank, Lloyds, which is 41 per cent funded by the British Taxpayer, now has a Portuguese chief executive and two Spanish board members...