I was heading home and came to see the crowd at BEA. Some dude or syndicate spread some rumors on BEA financial stability and everybody runs to the bank to withdraw their money.
Check out the crowd…
Check out the slides.
This is not a weak bank. I look at their P&L. The bank is sound. Profit continue to growth year on year. Why someone want to spread rumor on this bank???
Anyway, I don’t think any bank will go down in Hong Kong because Bush has make a precedent on saving everything on the U.S. soil. When Don Corleone is doing this, everyone can do it…so..no worries.
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