28/09/2011


South African Reserve Bank Minister: World near a ‘Lehman-type’ repeat

By John Galt September 28, 2011 – 09:00 ET But don’t worry, she’s probably just another hyperventilating wanna-be BBC guest who has a book or trading site to hype if the CNBS types get their way in spinning her commentary. From Reuters Africa: World near a ‘Lehman-type’ repeat- SAfrica’s Marcus (click on above to read full article) Excerpt: In an article in the Financial Mail magazine, Marcus said such a rapid decline bore similarities to the fallout from the collapse of Lehman Brothers in late 2008. “The response of the markets…


%d bloggers like this: