The following Bloomberg article is among the most significant I have read in several years. Once the shake-out of investment banks begins then the West will see yet another downturn at least as severe as 2008.

Keith

http://www.bloomberg.com/news/2012-08-21/last-man-standing-means-europe-investment-banks-resist-shrinking.html

Keith Hudson, Saltford, England http://allisstatus.wordpress.com
   
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