European banks: not lending and ‘socially useless’

Posted on August 27, 2009 by stacyherbert| 5 Comments

Stacy Summary: It seems that various heads of state and economic policy are beginning to sound a bit panicked as the last days of August approach and those first days of September near. It’s almost as if they don’t believe in little ‘green shoots’?

FSA chairman backs tax on ‘socially useless’ banks

German state to lend directly as banks still not lending

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5 Responses to European banks: not lending and ‘socially useless’

Hawkeye | August 27, 2009 at 9:18 am |

Max / Stacy,

Don’t let this Tobin tax idea slip through your fingers. If you truly believe that financial derivatives have as much economic worth as Second Life transactions then surely this will help to address the issue.

This is one area where the public will support a tax hike!
ray | August 27, 2009 at 5:14 am |

I agree I need a little more time but I have the feeling I have run out of time. Even MSNBC is aware the bottom is about to fall out of America. To the rest of you bost of luck, hope you show a little mercy to the new 3rd world country.
Mike2liverpool | August 27, 2009 at 1:37 am |

After the revolution
KEISER WHERE IS MY “TOB”………..like been waiting awhile now……..
Mike
Danny | August 27, 2009 at 1:12 am |

Tobin tax of 1% on all banks of all financial trades. California’s deficit would be funded pretty quickly…
Mike2liverpool | August 27, 2009 at 1:06 am |

Another day, no CRASH!
Mike