Da banks be runnin dry? *Breaking news as of 31st August inside information reaching me would appear to suggest that the Hong Kong and Shanghai Bank is on the verge of collapse having suffered catastrophic losses in China. As we write this the situation is changing by the minute and we expect more banks to be affected. In Great Britain HSBC applied to the Bank of England for an emergency bale out – this was rejected, the Bank of England appealed to the European Central Bank for help – that was rejected and as we write an appeal has gone to the Federal Reserve of the USA, our inside sources has informed me that the Fed is willing to bail out the Bank if necessary.