Debt Rattle, May 1 2008: No more mark-to-market

Dust Bowl, North Dakota Ilargi: The Bank of England�s statements are becoming so contradictory and confusing that the only conclusion I can see shine through here is that they are very afraid. Their Financial Stability Report estimates losses for UK banks at $192 billion. Only $24 billion of that has been written down, and still it�s called too high?! Or is it the British journalists that are