Britannia Radio

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So gloomy were bankers from major financial institutions, attending a conference on the sidelines of the International Monetary Fund/World Bank sessions, that they compared the risks of financial market contagion to the collapse of Lehman Brothers.

http://www.smh.com.au/business/markets/gloomy-banks-brace-for-greek-default-20110926-1ksdj.html

Banks Splinter on Euro Debt Crisis as Tension Pervades Meetings
http://www.businessweek.com/news/2011-09-25/banks-splinter-on-euro-debt-crisis-as-tension-pervades-meetings.html

French, German Bank CDS Bets Soar on Spreading Euro Crisis
“In this game, Greece is the mouse and the elephant in the room is the banks,” said Alberto Gallo, head of European credit strategy at Royal Bank of Scotland Group Plc in London. “The problem is that the banks hold each other’s bonds.”
http://www.businessweek.com/news/2011-09-23/french-german-bank-cds-bets-soar-on-spreading-euro-crisis.html