Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Are there citizens of HSBC? In the US, HSBC and BOS were deeply invested in expanding sub-prime mortgage origination here. HSBC in secondary and BOS in primary markets.

My interest (above) was in UK citizens who are customers of Iceland's part-nationalized banks. They have rights to their frozen assets. But of course you know that Mr Darling will do his best to protect their property. If that assurance requires the Exchequer to purchase a controlling interest in any or all of those troubled banks, well, then, bully for Britain.

Diversity is the key to economic and political evolution.

by Cat on Fri Oct 24th, 2008 at 12:52:17 PM EST
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