The Bank of East Asia, Limited

It was the US subprime mortgages, then it was money markets in the US, then it was money markets in the Europe, then it was the collapse of Lehman Brothers, the collapse of Washington Mutual, the run on Bank of East Asia, the collapse of Fortis, the $700bn bailout of the US, ... , and is now the collapse of the Hypo Real Estate rescue and the gloom in the Chinese art auction.

If the rest of the world were to go through what the US had to go through, I would not know if we, the rest of the world, would ever do better than what the US has done.

China Could Be Dragged Down by Wall Street Crash: William Pesek