UPDATE: 27-OCT-08
Excellent analysis: http://chartsandnumbers.com/2008/10/26/gulf-bank-of-kuwait-gbk-possible-collapse/
UPDATE: 7:44PM:
Frankom posted a photo: http://www.frankom.com/?p=3996
Also, DA has more details ("rumors"?):
http://www.chillnite.com/gulf-bank-rumors
* Gulf Bank ATM machines are down
* Police in place for any emergency
* Gulf Bank has major losses on its sheets
* People are rushing to pull money out of Gulf Bank
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It seems Gulf Bank customers are rushing to withdraw their money after today's news. This is despite the Central Bank of Kuwait's governor appearing on tv to assure and calm the fears. As in other places, the assrances appear to backfire?
who would have thought this would happen in Kuwait!
Any one took photos of queues?
is this another sign of things to come?
Buy gold people... buy gold.
3 comments:
http://www.frankom.com/?p=3996
this is what ignorance does to ppl
have them act irrationally
they dont understand whats going on !
sorry i just saw ur question when i was looking into the previous post not its not in nugra its in sabah alsalem (the school)
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