PPRuNe Forums - View Single Post - Growing Evidence That The Upturn Is Upon Us
Old 17th Sep 2008, 10:17
  #478 (permalink)  
Grass strip basher
 
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No not AIG... I believe you will find it is concerns about balance sheet funding rather than direct exposure to AIG.... they have c£250bn more loans than deposits and they have to get that money in wholesale market which are barely open. BBC reporting they will be merged with Lloyds.
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