2
POPSChina and Fannie Mae China has already been burned badly with its Blackstone and Morgan Stanley investments. But with the Big Macs and Maes, it's still the same old problem, the Chinese loaned them money which they can't pay back, however, much both sides want pretend that one day they can.
3
POPSBank unveils £50bn rescue package The discount which the bank is paying is said to be about 10 per cent, not nearly enough to cover the potential losses from sub-prime investments. So Gordon Brown is liable to bankrupt all of us. Remember he has signed us up to another potential £50 billion in liabilities, just for Northern Rock! That's £150 billion and counting -- real money! (or is it?)