Agoracom: Small Cap Investment - Noront Resources - Re: Are European banks too big to fail?

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Sep 13, 2007 08:38AM

Sep 13, 2007 08:41AM

Sep 13, 2007 09:08AM

Inca

Aug 24, 2008 03:46AM

Re: Perspective

Inca

Sep 24, 2008 04:06AM

Re: State to the rescue

Inca

Oct 19, 2008 01:59AM

Inca

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Re: Are European banks too big to fail?

in response to

Re: State to the rescue

Inca

posted on Oct 19, 2008 02:23AM

Some banks are bigger than gvmnts:their assets are greater than their home countries economies Below shows the size of major European banks as a proportion-or multiple-of their home countries GDP.This measure illustrates the comparitive sizes of business and gvmnts.

Bank - total assets - GDP (2007) in billion dollars

Rabobank - 571 bill - 473 bill Holland

Ing bank - 1370 bill - 473 '' ''

RBS - 2079 bill - 1644bill UK

HSBC - 1608 bill - 1644 " "

Barclays - 1542 bill - 1644 " "

Deutsche Bank-1917 bill - 2237 Bill Germany

BNP Parisbas -1694 bill - 1623 bill France

Credit Agricole -1414 bill -1623 " "

Banco Santander-913 bill -692 bill Spain

Unicredito - 1022 bill -1284 bill Italy

Bank of Ireland-183 billion - 179 billion Ireland