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Registered
Join Date: Jun 2005
Location: Hamburg & Vancouver
Posts: 7,693
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Thanks Kurt for the SCMP piece.
I fear it won't do any good since the Swiss appear to be taking a different approach, but interesting to see. My guess is a couple of big boys in HK got burned by Lehman, and then got the Govt. to squeeze the banks. That's how HK always worked in the past.
Also, no surprises here, but Aunt Frida's banker is no longer with the bank. His official departure date is at the end of the month, but his office has already been cleared.
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These are my principles. If you don't like them, I have others.—Groucho Marx
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