Darling Alistair might soon be disappointed at Rocks crumble

Banks are rumoured to be 'saving up for Christmas' and so starving Alistairs markets since Investment Banks are having year end in November and lots of clearers and others at the end of December - Libor hit 6.45% yesterday

Swiss Re said is was safe and now announces £524 loss on sub-prime - come on boys, get real, spill the beans and let us all take the medicne

The house price crash of 89 went down only 13% from peak to trough but folks think it was much more - the real issue was the length of time of the recession, it went on and on through to mid 83 early 94 and maybe beyond - so, bankers, learn some lessons and implement them, tell it how it is and lets have on almight hit of pain and then recovery can begin.