Fortis expects a complete collapse of the US financial markets within a few days to weeks. That explains, according to Fortis, the series of interventions of last Thursday to retrieve € 8 billion.
http://bankimplode.com/viewnews/2008...mingWeeks.html
Still not sure what to make of Fortis' capital raising and dividend withholding last week. Maybe they're just talking up their position or maybe it's time to sell USD.



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