Jay (30 Aug 2011)
"Market Craseh Could Hit Sept/October Warns Europe Banker.. !!!"


Market crash 'could hit within weeks', warn bankers..

"The problem is a shortage of liquidity – that is what is causing the problems with the banks. It feels exactly as it felt in 2008," said one senior London-based bank executive.

"I think we are heading for a market shock in September or October that will match anything we have ever seen before," said a senior credit banker at a major European bank.