1 down … 8 to go ?
Oct 27th, 2008 |
I’m sure everyone knows about whats happening with Gulf Bank and Im also sure that rumors are going around about exactly what has happened.. we all know it’s the result of forex derevatives positions that that went against some clients (institutional).
what I really wonder isn’t whats going to happen to the bank.. I can see the bank surviving the crisis with the help of the centeral bank, investors, and the government. what I really want to know is this a one time incident that happened or another banks are involved in the same types of transactions with uncredible clients?
please share your views and opinions..
ikhtik said:
i think its all because of il siyooola malty:P
مصراوي said:
:p
Bebs said:
Some clients so worry this problem,imagine? there are traders & investors staged a protest outside in kuwaiti government office demand that issues(i saw & read in a newspaper)hope that early yet 2 solve that kind of financial crisis.