How was the credit crunch for you? Part two

In the previous instalment I now realise I was perhaps a little optimistic in saying that the worst will be over this year. The recent share price performances of Royal Bank of Scotland (RBS) and Bradford & Bingley (where the missus has 250 shares) have been terrible. www.searchaccountants.co.uk Hopefully, the banks will weather the storm but it cross-finger time on whether they raised enough money through rights issues.

The rights issues show that the British banks are very worried about the economic outlook and apparently there has been talk of a perfect storm. Alistair Darling seems to fall flat on his face when he suggests tax changes (in reality increases).
Being Gordon Brown's poodle might make sense politically for the Great Leader, but it
is terrible in terms of requiring a UK chancellor to have enough credibility to sway
financial markets.