Welcome to the Connacher Oil and Gas Hub on AGORACOM

Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta

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Message: Institutional Investors = way up

Related artickle to the Greek debacle.Not pretty news

http://money.cnn.com/2011/09/12/markets/thebuzz/index.htm

In Europe it's hard to find a save bank which is not much affected by the Greek trouble.First I had Fortis bank which went bankrupt and taken over by BNP Paribas.It was some kind of a relief.Now we read that also BNP has large stakes in Greek bonds.

So I think it's not for next weeks this trouble will be fixed and IF there comes a sollution it will have impact on the markets.Strange how a very small economic country can have such an effect on almost everyones portfolio in the world.

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