Analyst: One Third Of Banks Could Collapse In 2009
Financial analyst Ralph Silva of TowerGroup told CNBC this morning that he expects no less than one third of banks to fail in 2009 and that anything up to a thousand could collapse if they don't merge.
• U.S. Economy: Home Prices Fall Near Depression Pace
• Central banks revolution gathers pace
• U.S. Home Resales Fall; Prices Drop by Record 13.2%
Wednesday, 24 December 2008
Posted by Britannia Radio at 14:28