[lbo-talk] Financial collapse or financial consolidation?

Jordan Hayes jmhayes at j-o-r-d-a-n.com
Fri Oct 3 11:42:00 PDT 2008


Doug writes:


> Doesn't your homeland, Canada, have just a handful of very big banks
> that are in rude health?

At a panel yesterday at UCB, Brad Delong quipped (in response to a question about a "Euro-bailout") that the government of Switzerland isn't big enough to recapitalize the Union Bank of Switzerland :-) and it's probably true in Canada as well.

/jordan



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