Hi all,
Hope you guys have enjoyed the 2 videos.
Dropping by for some update and information on the markets. Below is a link to where you can find a list of US financial companies whose shares that cannot be shorted as imposed by the SEC on Friday. Find it here: No Shorting
Another small bank, Ameribank, just joined the bank closure list, I wonder if the list will continue to get longer, click here to access for details: Failed Banks
UK PM Gordon hinted that the FSA will be given more power if needed to regulate the financial system, and the UK is prepared to borrow more and use public expenditure.
Paulson said foreign banks will be able to unload bad financial assets under a $700B proposal to restore order. Details are still being negotiated.
So let's look forward to tomorrow.
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