Wow - China asks local lenders not to lend to U.S. banks

[matthylland]

look at this....

http://www.marketwatch.com/news/story/china-asks-local-lenders-not/story.aspx?guid={389CCD2E-9D08-4A8B-A512-F1B3E0B0BE19}&dist=msr_2

China asks local lenders not to lend to U.S. banks:report
By V. Phani Kumar
Last update: 10:28 p.m. EDT Sept. 24, 2008
Comments: 57
HONG KONG (MarketWatch) -- Chinese regulators have asked domestic banks to stop lending to U.S. financial institutions in the interbank money markets to prevent possible losses during the financial crisis, the South China Morning Post reported Thursday. The China Banking Regulatory Commission's ban on interbank lending of all currencies applied to U.S. banks, but not to lenders from other countries, the report added, citing a source. End of Story

...I don't know what to think about that...

 

[matthylland]

hmm I thought it would make a hyperlink...

ill try again

http://www.marketwatch.com/news/story/china-asks-local-lenders-not/story.aspx?guid={389CCD2E-9D08-4A8B-A512-F1B3E0B0BE19}&dist=msr_2

 

[RSLudlum]

^^^ don't worry about editing the hyperlink,,this same article has already been posted and is being discussed here:

http://www.ronpaulforums.com/showthread.php?t=157905

 

[matthylland]

http://www.marketwatch.com/news/story/china-asks-local-lenders-not/story.aspx?guid={389CCD2E-9D08-4A8B-A512-F1B3E0B0BE19}&dist=msr_2

 

[matthylland]

^^^ don't worry about editing the hyperlink,,this same article has already been posted and is being discussed here:

http://www.ronpaulforums.com/showthread.php?t=157905

opps sorry!

 

[RonPaulVolunteer]

Here...

http://www.marketwatch.com/news/story/china-asks-local-lenders-not/story.aspx

 

[Chase]

http://www.forbes.com/afxnewslimited/feeds/afx/2008/09/25/afx5468680.html

Looks like a hoax