US Bailout Includes Shabby EU Banks

The Bush administration is working fevershly with the private Federal Reserve to nationalize the losses of bankers, Wall Street, Insurance companies, and Money Market fraudsters.The understood reason for this urgency, before the markets open in the Far East, is the bankers in other countries want in on the free for all money give-a-way.

Who are the Banks in Waiting?

Global banking giant HSBC warned that conditions in financial markets are at their toughest "for several decades" after suffering a 28% fall in half-year profits making its annual devaluation at 56 percent of more than half its value gone. Their claim to the free debt relief will be over $100 billion in the end.

Of Europe's top banks, HSBC has among the heaviest exposure to the troubled US housing and credit markets and it is not even European. HSBC is short for Hong Kong Singapore Bank Corp owned by other bankers.

Other banks waiting for the open door on fiat free dollars are:

Swiss bank UBS was once one of the world's first top-flight banks announced losses - $37bn - from sub-prime related investments.

German corporate lender IKB announces a $1bn loss on investments linked to the US sub-prime market.

Investment bank BNP Paribas tells investors they will not be able to take money out of two of its funds because it cannot value the assets in them, owing to a "complete evaporation of liquidity" in the market. Estimated losses of $49bn

German regional bank Sachsen Landesbank collapsed after investing in the sub-prime market; it was sold to larger rival Landesbank Baden-Wuerttemberg who will be in line with $40bn in losses.

Citigroup holds a sub-prime related loss of $40bn.

These are just a few of the outsider