Banks Not Immune To Housing-Related Failures: Corporate Canada

Bloomberg  |  Posted: Updated: 05/16/2012 4:28 pm

Bloomberg:

Canada’s banks, ranked the soundest on the planet by the World Economic Forum, aren’t immune to collapses triggered by falling housing prices, according to the government official implementing new mortgage rules.

Read the whole story at Bloomberg

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Filed by Daniel Tencer  | 
 
 
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06:19 PM on 05/16/2012
how does that song go?

"there ain't no shelter here! the front lines are everywhere..."

http://www.youtube.com/watch?v=6NEoesmnYU4